Since I am using volume and there were many questioners of Bernanke doing 5 min stints. I logged each five minutes by the new topic (news) each speaker introduced. Bernanke only was short. Libor (Menendez) took it long, etc, etc..... This was a news day and the volume "reacted" accordingly; I did front run it though. Bernanke will be "news" tomorrow as well. I went back and read this thread from the open today, etc. It is easy to understand that I have a technical, scientific and behavioral science vocabulary. I do trade on volume (people) as a leading indicator of price. I feel that the markets as I see them do generate a vocabulary and that vocabulary can be used in the English language. Occasionally as has been shown I do switch to the CW vocabulary and this has made it easier for the more neophyte types to read me. It Trade management, the forum this thread is in, it is vey important to always remain on the correct side of the market for the trading fractal you use. Any ractal shows at least three interlocking nested fractals. In trade management, the CW orientation is UP/DOWN; in other paradyms where logic is used instead the market is Right/left oriented ALWAYS to express dom/non dom sentiment. CW PA trading does not have that luxury. As is known in CW, options are lagging indicators. This means price can be used as a leading indicator of options.
Very good question. All these bars have a huge impact on the open. big money does not take all its capital out during the overnight session. All of investing is in overnight as well Today the long on bar 74 provided the background for the relative volume category assignments coming into the end of the day. The margin change ALWAYS precipitates a one peak advance in the pattern on bar 78. Today there was a peak 2 in place as of bar 77. from bar 74 it was a typical P1 to T1 to P2 OOE. this meant that bar 79 became the "assigned" P1 of the short. A T1 followed on bar 80. finally, after degapping bar 81, the bookmark finally hit it late in the bar. as we talked earlier, the bookmark "resets" all data records (Think of coding in SQL, etc.). It is a human reset as well, and special records are used to get through bookmarks quickly. (treat them as a sub-fractal (last one)). So bar 1 tomorrow is the second bar of a trend long. Not many trends end on the second bar. There was also a bookmark on bar 68.
Some Jack Hershey somwhere probably does. We don't even know if Jack Hershey is the real name of this person. People usually have a fake name when posting on internet forums. I doubt that Jack Hershey is really "Jack Hershey". Anyway I think the Jack that posts here knows a lot of stuff which is obvious from reading his posts.......................blows my mind sometimes how much information he can churn out & how many facts & figures he knows. Pretty amazing actually. I'm thinking he must be a genius. But I think he also has some kind of disorder like bipolar or manic..................look up "pressure of speech" or "manic writing" & you can find examples very similar to the way Jack writes. I don't mean that as an insult or anything...........just an observation. I'm not sure if he can trade well or not, but I don't have anything negative to say about the little bit that I do know of his method. Seems fine to me, at least the minor part which I sort of understood.
sorry it took so long. I'm an older person. And my posts have intellectual property content (this means there are interrelated facts involved).
Huh???? Anyway, never mind about those posts. Just a crazy conspiracy theory I came up with. Good luck with your trading !