For reasons of practical application there is a need for a synthetic language of trading. On other words, there is a need to define what happens in the charts and put words, numbers or other symbols to it (Yes, words are sound-symbols). There is a need to define this language in as exact terms as possible, as easy to understand as possible. This is actually a lot easier to do then it is to define concepts and emotions in reality, such as "Freedom", "Love", "Intelligence" to name a few. Thats because in trading there is just two dimensions, in reality there is a near infinite amount of dimensions (when emotions, concepts and experiences and so on are included).
So therefore i say:
Price should be defined in one of three "modes".
Trend
Range
Trend reverse
More about that later.
So therefore i say:
Price should be defined in one of three "modes".
Trend
Range
Trend reverse
More about that later.
My signature is: "Classified".