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Última vez visto el: Jul 23, 2024
Yep. Nope. You are making things complicated. Here's the gist of all this: For an open to be BOM, market needs to open directly sideways a...
If you don't have a H and a new L, then you can have a bull or bear channel, which is a trend like Hubert said and that is a trend from the open, ...
You can just say that ex #1 is a triangle/TR (same thing) and you have a bull BO. Ex #2 can be gap up or down, it doesn't matter because you have a ...
In your example, you can expect more than 60% chance of 1x of the height of the small TR, because you are at the bottom of a spike & channel w...
I go all the way to the left to the most recent high & low. It can even be from 10 years ago; it doesn't matter. What matters is that there is a p...
Any sideways TTR is BOM everywhere, including the open, so no issues there. There is a distinction though on the open. You want to see a new high ...
The AI direction depends on the TF you are looking at and the distance you are willing to cover to your target & stop on that chart. Here's the ...
@Aaron exiting is only ok if you are capable of getting back in later. In your example, if you exit, you have to be able to enter after the first or t...
Al's explanations on Always In aren't as clear as they could have been I think, so the confusion is normal. I had it too in the beginning.It is correc...
I agree with Al and therefore with Mr. Carpet too. 😀 I look at HTFs before I start trading to get an overall idea of the market. I already ...
Hey w, You are correct in general, but not for TRs. Always In has 2 broad uses: If you want to enter a trade right at this moment, which direc...
In that case, your list is correct I'd say and I'd add that as long as you are fairly certain that you have a successful BO of any kind (any one on yo...
Nice one mike. Since I was only writing, I didn't want to get the post too long and skipped a lot of things, otherwise I'm in complete agreement wit...
Hey w, Don't count me as an expert but it doesn't matter what you call a BO, because any trend bar is a BO anyway. There are also weak BOs which s...
Hey Eddy, I don't remember Al using the word action but he talks about the markets constantly probing around to find a fair price. He talks about th...