Anytime you are creating a Breach (HH or LL) that particular chart is showing you strength in the direction of the Breach. This is way when a PPF or failure to create a HH or LL as your next oscillation, you are then trading back toward and in the direction os strength. A Breach PPF is a weak Breach. A weak HH or LL because it didn't break through by a full 7 ticks. It only broke through by 6 ticks or less. So you are then trading FROM a weak Breach to a Strong Breach. Anytime I can attribute weakness to any oscillation I do not want it part of my trade set up. Every oscillation, in my environment can only have one of 4 possible outcomes: PPF - Physical Price Failure - Oscillation Failing to make a HH or LL - Sign of Strength Breach - Oscillation making a HH or LL - Sign of Strength Breach PPF - Breach Physical Price Failure - Oscillation making a HH or LL but only by 6 ticks, not a decisive HH or LL - Sign of Weakness Match PPF - Matching Oscillation of the previous H or L, weak PPF - Price Exactly Matching but still failing to make a HH or LL- Sign of Weakness Optimum is to trade from STRENGTH toward STRENGTH.
I'm so proud of you . . . Correct, my Histogram hit 9.58 so this would be a NEAR PERFCT Trade with Strength (PPF) toward Strength (Breach).
Thanks, I have been trying to move up to the 16807 as my main chart but it is not moving so much today so to speak...histo stuck around the zero line a lot. So i went back down to 2401. The 343 is still meaningless noise to my eye but I'll keep on it.