The ideas that I trade by:

[Mira]

Time is fractal and momentum is fractal.
So, what makes this

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better than this?

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I came back to NLA's 800+ pages ( ) but i can't get it.
Why is it so hard to see?
--
To stay on topic, Uroboros explains what happened to my profits

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[MightyOne]

Time is fractal and momentum is fractal.
So...

1) Circle a series of candles that you would consider to be a breakout.

2) Put a box around everything that you cannot call a breakout.

Let me know if you cannot answer your own question.

[Mira]

Not really sure of the second one..

IMG_1255.PNG (66.86 KiB) Viewed 4031 times

Time is fractal and momentum is fractal.
So...

1) Circle a series of candles that you would consider to be a breakout.

2) Put a box around everything that you cannot call a breakout.

Let me know if you cannot answer your own question.

[MightyOne]

Not really sure of the second one..

The answer is that, in the first blue box, price has returned to the pattern where as in the second candles are overlapping after a breakout (the price action that you will usually see right before/after a significant close).

In the second pic, price breaks down and out, returns to the pattern on the second candle of the breakout, loses steam, and then returns to the pattern yet again.

That is all that there really is when you look at a chart, patterns (congestion, 1-2-3, slow channels) and breakouts from patterns (everything that looks like it is leaving a pattern).

[Jalarupa]

The biggest revelation for me was the Sidewards Z formation of the BREAKOUT / BREAKIN



The one above while being super messy... is exactly how I see it thanks to MO's tireless coaching and chart porn...

THE Z is EVERYWHERE!!!!

Use it to cut little or BIG pieces out of the market and take money at WILL!

Greatest Gift I have received!

[TheRumpledOne]

The biggest revelation for me was the Sidewards Z formation of the BREAKOUT / BREAKIN



The one above while being super messy... is exactly how I see it thanks to MO's tireless coaching and chart porn...

THE Z is EVERYWHERE!!!!

Use it to cut little or BIG pieces out of the market and take money at WILL!

Greatest Gift I have received!

I have a question. Please send an email to me. Thanks.

[Mira]

Not really sure of the second one..

The answer is that, in the first blue box, price has returned to the pattern where as in the second candles are overlapping after a breakout (the price action that you will usually see right before/after a significant close).

In the second pic, price breaks down and out, returns to the pattern on the second candle of the breakout, loses steam, and then returns to the pattern yet again.

That is all that there really is when you look at a chart, patterns (congestion, 1-2-3, slow channels) and breakouts from patterns (everything that looks like it is leaving a pattern).

Thanks for your patience MO!

What i see:
it looks to be easy.. people buy and sell the BO on the chart period they see, so i just need to follow them up tf over tf.
Momentum is fractal because price is moving reacting to a previous zline, this reaction could create a brand new momentum visible on a bigger tf.. it could be a bigger BO and so on!
When i need to size my trade on a smaller chart i just need to see where price is turning, if i'm wrong i play with probabilities working with space, if i'm right i can always do the same.

Hoping i'm not saying $#*!

[Mira]

Hi Jala

Why your charts are so damn hot?

And

How do you see Z?

The biggest revelation for me was the Sidewards Z formation of the BREAKOUT / BREAKIN



The one above while being super messy... is exactly how I see it thanks to MO's tireless coaching and chart porn...

THE Z is EVERYWHERE!!!!

Use it to cut little or BIG pieces out of the market and take money at WILL!

Greatest Gift I have received!

[Jalarupa]

Simply...

In an uptrend the Market is going UP...



So if you re-align your trendlines at the origin of breakout then something "interesting" happens...



*** You ARE technically still going WITH THE TREND (it is your "friend") ***

BUT you have just created a newfound level of accuracy based off of MO's ability to enter on a Dime...

Break Out's and In's cause a Z formation



SEE IT LOOKS LIKE A "Z" when price Breaks out of a RANGE and returns to it...

Now this is where it gets even MORE interesting...

You can USE trendlines to SUPPORT or RESIST PRICE... (revolutionary ideas, I know... )

But it is in the way in which you SEE HOW to USE these Lines that makes them SUPER EFFICIENT

*** CASE IN POINT ***

a DOWN TREND actually ends up SUPPORTING PRICE (if drawn correctly)

a UPWARD TREND actually ends up RESISTING PRICE (if drawn correctly)



What is correctly?

MO Likes these DOMINANT lines to be drawn from a HOOK at a certain angle or "degree of confluence"... (Start at the PREVIOUS HOOK - to discover MO's TRIANGLE)

"MO's TRIANGLE" Looks like THIS...



OR WHEN taken from MULTIPLE HOOKS! Hooks? - (TEMPORARY TURNING POINTS OF SUPPORT AND RESISTANCE)



What makes a HOOK significant is that it is TEMPORARY IN NATURE... MO said the CONE is the MOST UNFORGIVING OF CHART PATTERN because it will most certainly be your undoing if you are not USING IT Correctly...

**** NOW TO SEE THIS POETRY IN MOTION ****

Can you SEE how this is the PREVIOUS HOOK?



And can you SEE how it is IN A DOWNTREND LINE and SUPPORTING PRICE for the continuation of the UPWARD MOVE...? PRICE BREAKS OUT... AND NOW BROKE IN... "Z FORMATION!" (TRACE the journey PRICE makes with your finger from touch point to touch point if you CAN'T SEE the Z)

How do you Trade it?

First learn to Draw it or SEE it without Drawing it...

The Cool thing is as was mentioned before on this page... TIME IS A FRACTAL... Which basically means... Price Movement over TIME creates a FRACTAL...

WHAT IS A FRACTAL?

A Fractal is a pattern or shape that repeats itself at all scales... (ALL TIME FRAMES IN THIS INSTANCE)

It is said... "Price is the same on ALL time-frames..." But Price also Looks, Acts and Moves the SAME on ALL TIME-Frames"

Hence why you can go LONG TERM or Short Term is you are so inclined...

I saw this AWESOME Fractal music video for one of my favorite Bands the other day... Enjoy this EAR / Eye-Gasm!

Read up about the significance and inner design of the song you are listening to here...

https://en.wikipedia.org/wiki/Lateralus_(song)

AND.... I'm SPENT!

[Jalarupa]

The Lyrics for the Lateralus are very synchronous to what we have discussed herein... call it coincidence... I call it fate...

Thanks again to MO for helping us "See beyond the lines of reason" ROCK OUT!

TOOL LYRICS
"Lateralus"

Black then white are all I see in my infancy.
red and yellow then came to be, reaching out to me.
lets me see.
As below, so above and beyond, I imagine
drawn beyond the lines of reason.
Push the envelope. Watch it bend.

Over thinking, over analyzing separates the body from the mind.
Withering my intuition, missing opportunities and I must
Feed my will to feel my moment drawing way outside the lines.

Black then white are all I see in my infancy.
red and yellow then came to be, reaching out to me.
lets me see there is so much more
and beckons me to look through to these infinite possibilities.
As below, so above and beyond, I imagine
drawn outside the lines of reason.
Push the envelope. Watch it bend.

Over thinking, over analyzing separates the body from the mind.
Withering my intuition leaving opportunities behind.

Feed my will to feel this moment urging me to cross the line.
Reaching out to embrace the random.
Reaching out to embrace whatever may come.

I embrace my desire to, I embrace my desire to
feel the rhythm, to feel connected
enough to step aside and weep like a widow
to feel inspired, to fathom the power,
to witness the beauty, to bathe in the fountain,
to swing on the spiral, to swing on the spiral,
to swing on the spiral of our divinity and still be a human.

With my feet upon the ground I lose myself
between the sounds and open wide to suck it in.
I feel it move across my skin.
I'm reaching up and reaching out.
I'm reaching for the random or whatever will bewilder me.
Whatever will bewilder me.
And following our will and wind we may just go where no one's been.
We'll ride the spiral to the end and may just go where no one's been.

Spiral out. Keep going...