The statement above is what you believe. As is well known anyone can believe anything they wish. The complete system of the market's operation is certain; it has no flaws, no noise nor any anomalies. In my case, I have proven and published this as a matter of record. The consequence of this effort, is that I extract capital from any liquid market by taking the full offer of the market. Most people find my viewpoint to be UNBELIEVABLE as you do. Our difference lies in one simple place. I gain Perception from sensing the market and combining this sensing with inference from my LTM. Your LTM does not allow you to have this Perception. Others who have similar inference as mine, get to have the Perception I have. Most people are denied the correct inference because, in the course of learning, they acquired unproven knowledge and skills. This consequence is irreversible. mistaken beliefs cannot be erased from the mind.
Jack I really like what you are saying. Is this in any way related to price drivers? Because it seems very similar....
Still don`t get what is the leg 2 of a forming bar?Can you please provide an image of what you talk?(no preface needed)
The US government has many department with various missions. I get into rather serious differences of views with some of them. Almost all encounters come from their reviewing records of my activities. A few come from requests I make for permission to operate under their jursidiction. Above I commented on a belief Bone expressed as a result of his learning. Both the IRS and the SEC have views regarding my records in trading. In my case their separate views are opposite with respect to my market participation. The SEC feels what I do is unbelievable and the IRS believes I am not giving them enough from what I do. I do a routine (MADA) which "profiles" as criminal with the SEC. The IRS feels I file incorrectly, etc.. All lawyers I work with, feel I should not be able to look at the software of the SEC nor IRS. The SEC determined that I "could not know as many people as they felt I had to know". It was determined that all of these unnamed people could not be working in synch with me as effectively as would have been required. So Bone is like an SEC and has beliefs that are okay to believe but the beliefs are not rational or applicable anywhere. The IRS sends me Q's to answer. they review and ask a great number of q's. I provide hundreds of pages in 2 weeks; they review for a year and require me to answer a largem for practical purposes.r set in the same two weeks. The IRS Congressional liaison now has a full time researcher finding out what is going on in the IRS to create this deadlock. Sub contrCTORS TO THE irs PREPARE THE q'S I MUST ANSWER. At this point I do not take the government's intellectual processes seriously at all. Here in ET, the bar is very low, intellect is not part of the forum for practical purposes. Markets are very simple operating systems because of how they operate. In set theory, there can only be a small number of finite unique pieces. Putting the pieces together is done mathematically using a simple Algebra. Extracting unlimited capital out of WALL St and elsewhere is about the simplest kind of problem solving imaginable. It starts with the granularity of the variables. If you left that out, then start over.
What drives price is the independent variable and it is named volume. The elements of volume are seven items. These items follow an Order Of Events. As a consequence, trends have an assortment of End Effects. All are defined uniquely. An EE is a signal to end a trend (there are four types of trends) where a turn is occurring (there are three kinds of turns). The the sytem of operation of the markets is a multifeedback set of loops where the two variables "flow" as the respective OOE's unfold. No noise, no flaws, no anomalies. It is 100% certain at all times bar by bar and leg by leg of each bar. QED. Use SQL as a RDBMS.
When I train people I ask them to take out a sheet of paper. do this. then use a Crayola to mark the paper. Draw down in red from the middle of the top half to the middle of the bottom half. discard the red Crayola. grasp a black crayola firmly. to the right of the red vertical dominant line, about one inch to the right, press the Crayola into the paper. draw to the right an inch an hit the red line. Turn the Crayola upward and draw upward parallel to the red line until you reach the top of the red line. rest for a while and drink some chocolate milk made with a Hershey product. sit back up in your chair at your table. regrasp the black Crayola. Place the point on the bottom of the red line. Keep pressing and go up to the middle of the page. Add a flag to the right (1 inch) to show the closing value. With a ball point pen in heliotrope draw arrows to the salient parts of the three legged bar. note OHL and C values note red line as leg 2. note the black leg (before your rest period) as leg 1. note the black after rest period as leg 3. Label the whole picture as "A short trending bar" Footnote as follows: red is dominant direction of trend. (even leg only) black is non dominant (odd legs only) frame and hang in front of toilet in your bathroom.
Jack I'm talking specifically about price drivers that financier legend marketsurfer popularized. Can you elaborate on this topic?