Very good - you know your indicator very well! Cheers!

Student of Socrates (SoS)

Here's my gold chart. I'm not showing the bull traps/reversals etc around the current price action like your image shows. I'm at V1.25. Just a heads-up really. image

Student of Socrates (SoS)

cheers!

Student of Socrates (SoS)

I'm not actually trying to "figure it out" per se or "figure it out" for the sake of it. Being naturally analytical, I'm simply trying to validate my understanding of the "break" and "break-out" lines from the Martin Armstrong PDF against what I am ...

Student of Socrates (SoS)

image My comments are on the chart image. The question is actually about the selection of the "previous low".

Student of Socrates (SoS)

image Why is the arrow bar deemed the "previous high"? The black candle next to the shadow high is higher. Also, is there a rule that says a "previous" high or low bar/candle cannot be adjacent to the actual high/low? Hope this makes sense.

Student of Socrates (SoS)

Fantastic call, as was your EG call too!

Student of Socrates (SoS)

Just got to this and it's late but initial observation, I think the fact that the previous low wasn't actually a lower low may have been a great source of confusion for me. I'll take a longer look in the morning. Thanks for taking the time to ...

Student of Socrates (SoS)

I get it from your sample and the PDFs but, I just can't seem to work it out at the start of the channels in examples like those posted above (and others)?

Student of Socrates (SoS)

image Again, same question. Have I selected the correct points to define the main line?

Student of Socrates (SoS)

image Have I understood this properly?

Student of Socrates (SoS)

image I'm a bit confused on understanding which highs low produced the original line to produce the channel I've arrowed. Are you able to advise? BTW, this is EU/H4 around 30/08/2019. Many thanks.

Student of Socrates (SoS)

Thank you!

Student of Socrates (SoS)

Perfect - that makes total sense. Did you reference the book anywhere in this thread? It might be worth a read so I stop asking stupid questions However, thanks for the awesome information. It's slowly clicking into place in my old brain ...

Student of Socrates (SoS)

Ahhhh, right - understood! This is TD logic. Does this risk factor vary per timeframe? In fact, is it user-defined or is a value specified by Mr Demark?

Student of Socrates (SoS)

Why does the line print at that level though, relative to the 9 bar? The low of the 9 bar was much higher than the level Thanks!

Student of Socrates (SoS)

image I've arrowed what I believe is the 3rd bar _after_ the breakout bar. Have I selected the correct bar? Also, the 2nd arrow points to dashes that SoS has printed. Is that some kind of support level and if so, why? Edit: Also, which bar did you ...

Student of Socrates (SoS)

Were you alerted to this using FX Capital Flow indicator or just by looking at the charts? Do you have a specific watchlist that you use?

Student of Socrates (SoS)

Just started watching it on Prime! Bit too late now but will finish it tomorrow.

Student of Socrates (SoS)

Cripes! I asked, you answered

Student of Socrates (SoS)