Thanks for your comments and evaluation. You may notice today (intraday) is a repeat of my different opinion. If a person is bearish, it may be equally important to recognize that a feedback loop was in effect and that the attempt to go from X to Y failed. When this failure is the case, then it is possible to understand that a succession of contexts has happened. Now @ 12:30 my time (MST) we have two loops of FBO. Linda R. has made some significant comments on these loops.
did ,dumb it down jack, se ,speak english,wwumm,work with us mere mortals,octdpn,or continue to drive people nuts,todmajttc,thisonedoesn'tmeananythingjusttheretoconfuse
I can give you some hints, ammo. Jack would use bar volatility and overlap matrices as volume stand-in. But he never trades forex. Do your own conclusion.
i guess that came off as an insult jack, but in 5 yrs i have tried to garner a little wisdom from your input,it's always in a foreign language , i give up,sorry for being rude
Am, You arent being rude you are being objective, this guy drools shit from his mouth everytime he speaks. Not to mention is notorious for disrupting threads with his acid.
You reply to my post with the above? Are you smoking crack? I'm really starting to wonder about et these days...
I have resisted switching to a CW glossary. Were I to do that, I feel it would be Misleading to those using CW to stay in CW thinking and operating. This thread began with a chart of the DJ. Several arbitray points were chosen to connect line segments (this is a reference to CW points). Next the line segments were given meaning. Next this meaning was deemed to be valuable for predicting. As far as I am concerned, CW is used in all markets by the vast majority of participants. To use Harris' CW terminology, I am a parasitic front running trader of CW type traders. A very popular CW type trading is called BO of the RTL. CW traders draw lines of all sorts (see first post). There were no RTL's related to the end of the Bull market. A sub fractal Bull/Bear RTL was showing in green. The second post of the thread asked for info on a forex pair. In CW'ese in may have been established that both markets have sufficient characteristics to be dicussed concurrently. I commented on the last bar of a graphic of a forex pair. It, in CW'ese, was a bar extenting a trend as a "new" low sentiment bar (In CW it had a lower high AND a lower low, relatively speaking) The Vo and Ov matricies aside (since they are not CW and they have a common volume dimension), you may see that the OV becomes a limiting constant and following achieving that, the last bar continues to increase in Vo. If the Ov reaches a limiting constant volume, then Vo's of the last two bars may be compared. The comparison is in a "direct" relationship with their relative volume. As a note the opposite of direct is "inverse". To further your understanding, and from a CW viewpoint, look at all the bars where the last bar Ov doesn't become a limiting constant. This means there is no new information added to further define any trend activity in CW'ese. In trend monitoring and analysis (not in CW) bar by bar analysis is different than trend following. Trend following in CW may just focus on lagging events like BO's of RTL's. Contrarily (not in CW), trend monitoring and analysis focuses on the opposite of reaction. The ooposite of reaction is sometimes declared to be "anticipation". Anticipation is advantageous relative to reaction only By switching to leading indicators of price, a person can follow continuation, change and neither. This is three items. Three items may be recognized as a finer cut than just the CW "reaction" orientation. In forex, the "stand in" introduces the ability to discern things "between" the three items. Put the three items on a sheet as points forming an equilateral triangle. The sides of the triangle are "betweens". Now then, CW does not have names for all of these 6 items. I hope you have discovered the "neither", Further, I hope you delve into where it fits in making money. In hiking, a person can cross valleys and ridges. One of the nice things about surmounting a ridge is that, often, you can see quite a distance ahead; you may be able to see the mountain top you are hiking through valleys and ridges to reach Anticipation is attained by making measures when an opportunity permits. In CW, PA traders trade most markets the same way without differentiation. Those who do trading with all the variables of the market use a lot of "in between" measures. My post was a commentary about using some price variables as a "stand in" for volume. But Non CW, V/P trading always involves Vo and Ov as variables.
I really really wish not to read your stuff. What is a limit constant? Specifically, what do you mean "OV reaching a limit constant"? Do you mean that both of the extreme ends of an OV have been "set"? If so, your following statement does not make sense to me: To further your understanding, and from a CW viewpoint, look at all the bars where the last bar Ov doesn't become a limiting constant.
jack maybe it's a(my) personal problem,but i would need a degree n hieroglyphics to understand your work,i know you know that,and wonder if you are enjoying it ,for going on 50 plus years, just a tormentor????