Im sorry maybe im toooo stupid but i really dont see any similarity at all
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Disliked{quote} How do you mean the width (number of bars) expresses an equilibrium in price/value? Any number of bars are just an expression of time/price range in any given TF... The question must be how the HIPs/LOPs of that given number of bars in the decline express equilibrium in the price retrace, no?Ignored
DislikedI was going to write some long reply to this but I'm just going to condense it to this: The market isn't this simple. It'd be nice if it were, but it's not.Ignored
Disliked{quote} ....... Pinktrade has already stated he is finding out that maintaining a thread can be time consuming, or something to that affect. .....Ignored
Disliked{quote} I know its meaningless, specially in the absence of Volume data. I was just looking for some similarities between the two moves, and this is what I could find. Anyway, lets assume the red move is equal to the yellow move, what's next?. Red move is a down move, yellow is an up move, so if market reached equilibrium state after the up move , shouldn't the next move be a Down move ? In the referenced chart it was also an Up move, so why the market goes for another up move after reaching "equilibrium" on the 1st up move? And if we can not decide...Ignored
Disliked{quote} //---- hey pinktrade..... i'm not saying your mistaken.... but your comment reminded me of a pm received concerning the 'for every winner there must be a loser' and asked my opinion on it..... here was my response...... people often say forex is a zero sum gain.... meaning for every winner there is a loser.... this is not necessarily true..... imagine a group traders where the first trader sells a euro for 1 dollar to another trader.... the second trader sells that euro to a third trader for 1.0010..... the third trader sells it to the fourth...Ignored
Disliked{quote} Sharp observation. I agree with what you said. Been witness to many threads since 2007 (starting with Trading in 8 pairs by Cornelius2). However some threads really had worthwhile info shared halfway before being closed due to negative posts or sudden reluctance of thread starter to share more info when few participants started having winners. So lets see....Ignored