Comments on the Closed Thread Welcome.
Forgive me but We would like to get the 'Groundworks' down before the distractions abound.
Forgive me but We would like to get the 'Groundworks' down before the distractions abound.
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Close all open trades if current total open lotsize exceeds"X" 0 replies
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DislikedHi Bemac
Interested to see where this will go and how you use time....Ignored
DislikedThanks BF {i know your name and have forwarded it to the appropriate authoroti....}Ignored
Disliked...
I'm sure you've used P and F charts or at least played with them....Ignored
DislikedMeanwhile, consider this.
"I'm Long with a TP 120 P above Entry. I like where I Got In, Price raced 80 in my favour but that was 2 hours ago. Now what?"
"I'm Long with a TP 120 P above Entry. I like where I Got In, Price crawled along for 2 hours or so before breaking 80 in my favour. Now what?"
"I'm Long with a TP 120 P above Entry. I like where I Got In, Price hasn't moved for 2 hours or so & I'm starting to reconsider My Trade. Now what?"Ignored
DislikedBemac,
Jr97 will remember this pic, for your consideration. Basics for 3d projection.
regards,
aIgnored
DislikedBemac
There was a time when I strained my brain trying to get a handle on 3 dimensional charting, ...Ignored
Dislikedthe problem arises when you try to count time horizontally as the angle representing the movement of price is not moving straight sideways. Shown below is an example. Most counting techniques try to establish count from a reversal point and count out in a static true east/right method.Ignored
DislikedTo be honest Bill, I've probably looked @ Point & Figure a couple of dozen times over the last decade or so.
Point being.
I would appreciate your understanding of how it helps you in determining your Timing.
{Trying to work on some images to populate the other thread but can't ignore dieties like this guy}
(yeah, I mean you billflet)Ignored
DislikedBut straight lines are not the best way to describe price action; a wise trader once told me you can’t walk a straight line through the woods, unless you want to bump your face many times. When a price channel breaks down it usually gives birth to a new channel, failure distance with a new supporting/resistance line copied from the opposite side of the channel ….. isn’t this just the rough description of an arc or ellipse, basically a parabolic movement?
If you could chart in a 3 dimensional Cartesian coordinate system you might be able to determine...Ignored
QuoteDisliked"Since everything moves in a circle and nothing moves in straight lines, this chart is to show you how the angles influence stocks at very low levels and very high levels and why stocks move faster the higher they get, because they have moved out to where the distance between the angles of 45° are so far apart that there is nothing to stop them and their moves are naturally rapid up and down."
DislikedAre the Reds Front to Back Containment zones?
Can you hook this Chamber to Any Bar?
If not; how did you decide where it lives?
Please define Green & Cyan elipses. That would help.Ignored