One is Not a Trend

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bredin
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Postby bredin » Sat Jan 07, 2012 2:00 am

Think about how we perceive someone who doesnt say 'thank you' after we do them a favour....

we react to what we dont see, and leave feeling annoyed by the lack of manners instead of feeling satisfaction for doing good.

G.
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MightyOne
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Postby MightyOne » Sat Jan 07, 2012 3:53 am

This is about half as bad as making your own PNF chart by hand:

http://i40.tinypic.com/snjsxv.gif

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Postby PebbleTrader » Sat Jan 07, 2012 4:10 am

"This is about half as bad as making your own PNF chart by hand:"

I feel ya, Bredin spoils us :)
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Postby PebbleTrader » Sat Jan 07, 2012 4:15 am

No line chart to SEE (or bar chart either) - I don't see it (all white).

Do I favor that which I can't see?

I'm not sure if you are talking about something that you really can't see or something that is there but does not stand out or is only seen subconsciously.
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MightyOne
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Postby MightyOne » Sat Jan 07, 2012 4:32 am

What is on your chart is what is seen & what is in your mind is unseen.

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Postby MightyOne » Sat Jan 07, 2012 4:34 am

PebbleTrader wrote:"This is about half as bad as making your own PNF chart by hand:"

I feel ya, Bredin spoils us :)


Yes, his P&F indicator is worth several hundred dollars to me but I'll never tell him that :wink: :lol:

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Postby MightyOne » Sat Jan 07, 2012 4:38 am

Belkin wrote:MO.

May I ask why you group the candles in multiples of 2?

Belkin?


Because one is not a trend and the distance between CC with 3 consecutive higher/lower closes is very wide.

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PebbleTrader
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Postby PebbleTrader » Sat Jan 07, 2012 5:05 am

"Because one is not a trend and the distance between CC with 3 consecutive higher/lower closes is very wide."

"MO.

May I ask why you group the candles in multiples of 2?"

If all you have is a single point, you can't draw a trend line...

Some may say a trend doesn't exist but, IMHO, a trend line is a valid concept when you are talking about a specific TIME HORIZON.

It is like a CC becomes the trend line.

The CC = The Trend Line :idea:
Last edited by PebbleTrader on Sat Jan 07, 2012 5:21 am, edited 2 times in total.
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Postby PebbleTrader » Sat Jan 07, 2012 5:10 am

"What is on your chart is what is seen & what is in your mind is unseen."

I feel what you are saying now.
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Postby PebbleTrader » Sat Jan 07, 2012 5:20 am

"Yes, his P&F indicator is worth several hundred dollars to me but I'll never tell him that"

It is priceless :) (hard to put a value on something that rains $'s from the FX heavens)
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