The MODE of the market is a binary variable: change or continuation. The continuation mode is also binary variable: continuation short (hold short) or continuation long (hold long). All the variables above are resolution dependent (their value depends on trading fractal) HTH
Thanks for the explanation. It explains why you guys have such a problem figuring out how to make SCT work. You have to remove the binary variability of the continuation mode and treat it as being subordinate to the dominant MODE that the market is currently in. Then everything will become much simplier and clearer for you. You're welcome.
Every Hershey thread ends the same way. In the end the guy shows up, presents his verbal diarrhea nothing factual is presented, random insults, no conclusion and so it fades until a new one is born. I think I had enough of the SCT attackers and defenders. Waste of time. Daniel
Does this mean you are going to stop hounding them to teach you something? It's one thing to be either for or against. There is a level of understanding where we are each doing what works for us. In your case, it is apparent that you have nothing to work with. What I really don't understand is demanding that someone teach you something, and then trying to tell them how to teach it. Next time either drink the kool-aid or get your own shit together ... there isn't a half-ass third option. :eek:
I got my shit together, I know what I do and do it quite well, yes using 200-300 Spys (Not even 1 car), so what, but at least I know what Im doing. SCT sparked curiosity, one that ends today. Just because Im curious about something does not mean I need it. Daniel
OK, see ya. Point-in-fact, the SCT Group and the Non-SCT Group on ET are actually just two sides of the exact same coin (and quite often, the exact same trade ). It's actually nice to know that we've gotten to the point where we can define a trend, regardless of how we choose to trade it. ... and we trade cars, not shares. There's a world of difference there son. Enjoy the kiddie league.
Incredible, you making fun because I trade small size and not the future what are we doing next, comparing penises ? Daniel