IgazI wrote:BambinoFlex wrote:prochargedmopar wrote:He is highly accurate with WHEN to trade and levels price will hit on a weekly/Daily or session basis.
That has nothing to do with CLOUD patterns or RAIN.
Just because something is closing lower does NOT mean it's a sell.
This video is an overview of things to come and things that have been.
If something closed lower, but it ends up being a buy, it means that that the smaller timeframe boxes are moving away from the extreme. Even on your 1min chart, if you open the tick chart on a 1min wick, you will see the same pattern. Igazi is showing a concept, it’s not for everyone, but it’s just a concept. It resonates with me and I haven’t found anything simpler. Maybe I will reach a level where I can call the exact low or high 9/10 times, I’ll still be open to other ideas in perfecting this craft.
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And I completely agree, as Alias put it, "The market exists to eliminate profit" which is where certain highs and lows are faked before a real move emerges. This is why I prefer the daily chart being my "smallest" chart, because the daily highs and lows are fractal highs and lows and are breached consistently (wick zone).
See, the problem is that Pro has "Clintonitus" . . .
he can't grasp the meaning of the word "IS":
If price IS then it IS that, and if it turns around and does something else then it IS that something else.
Tell me, if 'B' is not up then is 'A' up?
If 'B' and 'A' are not up then what is down?
That I even need to say that B is "up". . .I can't even believe that this is arguable.
"Ignore the chart, just predict the future"
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A is down and B is up but if you KNOW price is going to close lower on the next 3 subsequent Boxes Buying B might B a bad idea.
B better to sell B at the higher price so you can later Buy more Bottles of Beer.
Bill gates money? Go for it.
B my guest.
