I'll finish up the whole nine yards with a 6 step comment tomorrow. I wrote it but the post didn't stick. I 'll include an illustration for those who are more visual.
I didn`t do any Tests in high school.I`ve graduated when the Soviet educating system was in place.There were no tests with multiple choices,but tasks with no choices.
Wow, Jack. You are conducting another daytrading boot camp! I do not know much about what you are writing nowadays. But I wish you all the best and success.
Mr. Hershey, A little confusion on my part. Concerning UL's and Wait's. When a 'Wait' is observed, but the Caveat comes into play due to the conditional factor of the independent variable, does the UL go on the 1st bar or the 2nd bar of the chart? For instance, does the UL go on bar 4 or 5 on the 06-24-13 chart? Also, concerning the log, does the UL go on bar 4 or 5? Thanks
Bar 4 is XB,Bar 5 is Stitch Down,marked "UL" as the volume bar is higher,hence NO "Wait".Do the 50 f..ing sheets for the cases!
I don`t know what the heck the "Wait" means,though, in the "Hold and Reverse" system! You either Hold or you Reverse.Why "Wait"??
Haven't read the whole thread but this traders problem is clearly over trading more than anything.. then again I'm not a big believer in trading everyday especially If you're under capitalized....
Here is Page 1 of today's log. I am not sure about bar 14. If I understand correctly it is not translation, therefore the indeterminate variable is not measured. However, caveat 1 applies. So, I placed a UL in the Arrow Column. I think this is correct. Please correct me if not. Also, I still have not been shown how to degap. Therefore, I am sure I have some 'Forms' wrong. -Thanks