The next question would be: R = Right - that means a move towards the RTL, correct? - What happens if you have an IBGS? Does that still count as an "R"? TYVM, Vienna P.S. I am aware that these questions are probably elementary. Just don't want to start with a misinterpretation of your words....thanks for your patience!
T= Trough My last question relates to TROUGHS for the PrIce Column. A trough is simply a bar that makes a LL relative to it's 2 adjacent bars, correct? Thanks, Vienna
My answers to you were short and sweet. What I post technically and financially is out of your ball park. We posted our trades in advamce and then the results for over a year in threads in forums. Secondly, you have available time stamped typed conversations in sevral kinds of chat rooms (here in ET and elsewhere). To make it simple for you I always use my name wherever I am. It is true that those with crapped up minds cannot get through my filters. I appear to be speaking a foreign language to them. Then, as you do, state that the filter is working. Check with the SEC for their mistaken sizing me up as an "insider trader". If a person is cited for insider trading and he isn't, then he is making money in a way that is not understood by the public or the regulators. You fit those categories. Your judgements of me are just what I need from a detractor. Try going away by putting me on ignore; make me disappear.
Hi Vienna: I listed the letters and what they stood for on my brief log. Under time you see a list of events. Events 1 through 9 are a short trend. Events 9 to 17 are a long trend. each trend is completed by 9 events. If you have a chart of "the Pattern" it is the same as the log. You posted a chart that is a lot of bars and it represents a period where the market is going short and accelerates while doing so. I was trying to explain how two parallelograms formed a cycle. I didn't get much of anything across as usual. Recently, I posted an alternative request that a person do a proof to figure out how the pattern is the only possible solution to how the market works. Imbedded in that proof is the cause of the consternation of the CW type traders who only see up/down pairs. My objective was simple. I wanted to provide the information for soing the drill to learn and get into the mind the cycle of the market. If it is possible for a person to imprint his mind with the events of a cycle by repetition, then he has a foundation upon which to build. The giant and humungus secret of expert trading is to understand that trends MUST overlap and they do when a reversal begins and they do NOT when a retrace begins. A point 1 of a parallelogram is the magic moment of an FTT and a beginning of overlap on a reversal. Left is the dominant movement of price. right is the non dominant movement of price. A person who is LOCKED INTO an up/down world is permanently screwed from being wealthy unless he is a salesman in the financial indusrty. I tried with single letters and single words and the most simple container to help anyone learn to build a foundation for learning how markets work. The market is cyclic. the cycle can be deduced and put into symbols. B2B 2R 2B followed by R2R 2B 2R..... The above gibberish as it is called, means something. It explains the ORDER OF EVENTS OF MARKETS. Think about one thing for a while: Why must trends overlap? The answer is that trends fail in the middle of their container. This revelation is very significant. The mind IS capable of figuring this out and making use of it to make more money than any movie so far has presented. Start in the middle at FTT and work your way outward in two directions until you see things repeating. Begin with a simple set of trends; see their interconnection and see the rigid interlocking of fractals that results. This is the great thing about markets; most people's minds are so screwed up they cannot think in any way but how they were trained by Sister Wanda. DO NOT MEMORIZE. Instead deductively build your mind with a set of inference that is deduced and matches what may be seen
refer to 'the pattern' http://www.elitetrader.com/vb/showthread.php?s=&threadid=141661&perpage=6&pagenumber=329
Jack, I got your meaning! See attached...sorry for being dense. Sometimes I have to draw something to understand it.... thanks for your patience Vienna
Jack never use Peak (P) or Trough (T) to define or describe price. I believe that some typing errors occur in the table of P V order of events. (http://www.elitetrader.com/vb/attachment.php?s=&postid=3339789) The following is how I see it. Stand to be corrected. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=3344708>
Jack, Do you think the Score sequence in following The Pattern graph you posted is incorrect? <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2745634>