My comments do relate to extracting the offfer. When the leading indicators of price are used judiciously or with an ATS (based upon my comments) and within market trading platform tools, a "perfect order" usually results. specifically, using "reversals" which are symmetric and optimally timed, do affect the taking of the offer. Consult my response to traderzones' pottery posting. there you see 17 traded called a day ahead and in an order that was without flaw. you also see a market excursion limit called a day ahead and within 5 to 7 minutes. What this type of routine calling and trading may be named is hard to express in words. or a phrase. In terms of science and reasoning it is not in the category of what inductively based financial industry "operators" use as their glossary. Many people have explained to you in personal one on one conversations what the order of events is in scientific and technical terminology. Science and technology may not be something in which you are conversant; I cannot judge. You seem to be oriented to CW and OODA, the betting aspect of the financial industry. The 2 nd 20 world is just humor to me and it may be that you use that as a standard. Taking the market's offer continually is a science and it is very technical and has nothing to do with probabilities, etc... Please respect my personage and do not use my name to slur others.
the P, V relationship is not complex. When it is stated as a paradigm where everything is "like kind", then trading moves from inductive based betting to non probabilistic deductive "sufficiency" and "certainty". No noise and no anomalies.
Any two syllable word is pretty much beyond your comprehension. Come to think of it, there are quite a few single syllable words that confuse the bejesus out of you.
The relationship between price and volume are forever linked. When an instrument is traded it will always involve a quantity of that instrument at a designated price or prices. There is nothing purer or more natural than this relationship or the very act of the transaction itself. No noise and no anomalies.
Jack & Prof, I have a very good trend following set up based on waves, cycles, momentum, MAs and multi-tfs, I make my entries on the first or second trend retrace and my method is good, I can USUALLY nail the exact bar of the cycle peak/trough with high probability. However I'm aware that volume plays an important predictive role and have been looking for ways to work it into my analysis. You've both given me some direction with my studies. I'm particulary interested in using volume to identify momentum breakouts from channel accumulation/distribution. Thanks for the pointers. Much appreciated. Ps. Jack, that easily digestable link is JUST a primer, I'm not suggesting that the entire concept of PV Relationship can be easily understood in 10 minutes.
There are many ways to skin a cat. We all just have to learn what is easiest for each of us to digest. Well done.