Are you cursing at me??? LOL You are absolutley correct! The 4H bar does not exist any more than a daily bar exists or than a 5M bar exists. Because we have been lured into relating to price in measurements of time. There really is no time involved ...

It's kind of curious...the war between price and indicators

Ok I am not looking to pick things apart here... Well maybe just a little. I mean you have to disect something in order to discover how the internals actully work right Now I am not calling you out or saying you're a liar and yada yada yada, ...

It's kind of curious...the war between price and indicators

Now that makes a whole lot more sense! LOL Snow!!! I am really hoping we don't have a winter like last year. We got 30" at one shot!

It's kind of curious...the war between price and indicators

Well I am not saying that there were clear defined setups on that specific example. I am just materializing after having internalized a lot of this information. It will help me get to the final point once I arrive.

It's kind of curious...the war between price and indicators

The only obvious answer is no. Similar to a ship on the high seas capture the wind and go in its direction.

It's kind of curious...the war between price and indicators

Now we are looking at a 5M chart. The 1st verticle green line depicts the beginning of the 4H candle I highlighted on the previous chart. The Green horizontal line indicates the opening price of the 4H candle. Each additional verticle green line ...

It's kind of curious...the war between price and indicators

Some things we know for sure — OK so I am finally in front of the charts and thought I would post some of my observations. CP has stated (multiple times I might add ) that price will close higher or lower than its open 95% of the time. So ...

It's kind of curious...the war between price and indicators

No harm done friend :-) I do have some additional observations that I am gonna share when I cna get my but in front of my charts in a bit. Shoot me a PM if you want to chat offline via skype or some other medium. Man now that's how you force feed ...

It's kind of curious...the war between price and indicators

I mean this in the best way possible. Big smile on my face and all so when reading this please keep that in mind. I know how easily things can be taken out of context in text. I an earlier post you mentioned this is the stuff that you have been ...

It's kind of curious...the war between price and indicators

Oh snap!!!!!! I just figured something out! Not sure what yet but will let you know when I figure it out LOL

It's kind of curious...the war between price and indicators

OK so I am not understanding your chart completely then. Where it says "new phase" I would think that is the buy/sell boundary. So what might new phase actually mean on your chart? Are you using the open price of an hourly bar as your boundary? And ...

It's kind of curious...the war between price and indicators

Ah I see Master Yoda But isn't that 1st pullback based on each persons TF? So on your chart for instance assuming it is 1M, I would think it is the first pullback of the crossing over from buy to sell hemisphere. And your buy and sell hemisphere ...

It's kind of curious...the war between price and indicators

This idea makes sense. But I'm not sure about the open above or below the previous close bit. I mean in an ideal situation wouldn't the open and close be equal except for time?

It's kind of curious...the war between price and indicators

Ok well it's good to know I wasn't to far off except for maybe some of the MA stuff So now the only thing that hasn't really been uncovered is the entry and exit criteria. Now I know from my own readings that I believe I have seen what CP has ...

It's kind of curious...the war between price and indicators

Hey now stop with the deep thinking LOL

It's kind of curious...the war between price and indicators

Yeah I am not very intimate with that thread but your summary rings some bells. Sounds like you have a good plan mapped out. And if you stick to the rules you set for yourself which when you think about it can be completely objective rather than ...

It's kind of curious...the war between price and indicators

Just thought of something else. This also meshes with another thread that is on FF, "DIBS". There was a gentleman by the name of peter who traded insde bar patters on the 5M chart using the daily open as the line in the sand. Only trading long ...

It's kind of curious...the war between price and indicators

I think what CP is actually saying is... It doesn't matter where you draw the line but stick to it. Now that being said I believe for him he may use the hourly since he is trading on 1M and tick charts. So use the basis that he is providing and try ...

It's kind of curious...the war between price and indicators

I thought someone might say that LOL I know what you mean. But think about it this way. Instead of examining S/R for entries examine them for exits. We never know if S/R will hold or not. So if we are looking to enter the market based on a bounce ...

It's kind of curious...the war between price and indicators

Open price synchronization — So CP said something in one of his posts that really got my wheels turning. While I am still trying to wrap my head around his style of trading (and I believe I am closer now than I was previously) something he ...

It's kind of curious...the war between price and indicators