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Bronco Capital's ABCD Harmonic Pattern Journal 94 replies

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The Bucking Bronco

  • #5,101
  • Apr 27, 2020 10:35pm Apr 27, 2020 10:35pm
What a battle! Train your eyes: pattern inside pattern! The evolution of the action. Each bar adds new info!
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  • #5,102
  • Apr 27, 2020 10:48pm Apr 27, 2020 10:48pm
full bear mode after this rejection. lets see
10665 should give in..battle
  • #5,103
  • Apr 27, 2020 10:51pm Apr 27, 2020 10:51pm
Quoting 21vs7
full bear mode after this rejection. lets see
Banking some just to pay the trade! (+35). Let's see.
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  • #5,104
  • Apr 27, 2020 10:54pm Apr 27, 2020 10:54pm
Bulls. Scaling out.
  • #5,105
  • Apr 27, 2020 11:02pm Apr 27, 2020 11:02pm
Attacked from 685 retest and banking again at 660! (+25)
  • #5,106
  • Apr 27, 2020 11:35pm Apr 27, 2020 11:35pm
Did it again from 686 and banked at 665. (+20)
  • #5,107
  • Apr 27, 2020 11:36pm Apr 27, 2020 11:36pm
It is interesting to discover where the price is finding Support!
That is the way I see the Market.
I wrote two threads about that stuff. And I wrote clearly.
  • #5,108
  • Apr 27, 2020 11:47pm Apr 27, 2020 11:47pm
Metaphysics.

W.D. Gann: - “I have found that in the stock itself exists its harmonic or inharmonic relationship to the driving power or force behind it.
The secret of all its activity is therefore apparent.” (The Ticker Interview)
  • #5,109
  • Apr 27, 2020 11:53pm Apr 27, 2020 11:53pm
Quoting Jupiter
I wrote two threads about that stuff. And I wrote clearly.
must have a look at that..

Quote
exists its harmonic or inharmonic relationship to the driving power or force behind it
i think reflexivity is the answer here: the relationship between the thing and the force behind it. because the force is not physical but human mind
  • #5,110
  • Apr 27, 2020 11:55pm Apr 27, 2020 11:55pm
Quoting karuner
the force is not physical but human mind
Not so simple... but the intuition is correct.
And even there, for example, you could find difference between Livermore and Gann visions.
  • #5,111
  • Apr 27, 2020 11:58pm Apr 27, 2020 11:58pm
Anyway this is the demonstration... being always in the trend and not against!
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  • #5,112
  • Apr 28, 2020 12:08am Apr 28, 2020 12:08am
These Bulls are impossible! Watch out. 656 I scale out. Stop well in place. Controlled and re-controlled.
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  • #5,113
  • Apr 28, 2020 12:09am Apr 28, 2020 12:09am
Quoting Jupiter
{quote} Not so simple... but the intuition is correct. And even there, for example, you could find difference between Livermore and Gann visions.
i don't know too much about Gann, because i haven't read his books first hand. and about him (second hand) you read this and that.
but for sure i don't believe in any mystic principles governing the market (i am not saying this is Gann; it's what you sometimes read about this stuff, 2nd hand, hearsay). what i believe is that the market, price, is nothing but the result of human actions. a human mind (two human minds) is behind any movement of price. so whatever structure we see, be it waves, 1-2-3s or any patterns, must be explainable by referring to the people acting.
consent?
  • #5,114
  • Apr 28, 2020 12:12am Apr 28, 2020 12:12am
Yep... but it's the human activity that generates and is generated by geometric and mathematic reactions.
The relation is of "reciprocity".
Remember always, trust me, that Gann is the greatest Swing Trader of them all: to the hell the astro finance and the like.
I almost kill myself reading and studying his materials... and not one single page was about astrology!
Pure "Form Reading".
  • #5,115
  • Apr 28, 2020 12:17am Apr 28, 2020 12:17am
Quoting Jupiter
Yep... but it's the human activity that generates and is generated by geometric and mathematic reactions.
yes, and this leads to an extreme complexity which can not be mastered by linear machines (algorithms) in the classical sense, but only by human minds.

what happens is the result of people acting on what they see and what they believe others are seeing and wanting to do; while taking into account that the others are also observers of this kind. very nested thing. i would expect that this kind of higher orderness will become more and more complex, as market evolves further and further.

Gann: i will read his book
  • #5,116
  • Apr 28, 2020 12:20am Apr 28, 2020 12:20am
Quoting karuner
{quote} yes, and this leads to an extreme complexity which can not be mastered by linear machines (algorithms) in the classical sense, but only by human minds.
Who programs the machines?
  • #5,117
  • Apr 28, 2020 12:21am Apr 28, 2020 12:21am
And you think the big boys don't know the limits of their machines?
But they know also their qualities...
  • #5,118
  • Apr 28, 2020 12:25am Apr 28, 2020 12:25am
Quoting Jupiter
{quote} Who programs the machines?
yeah, but the machines have limitations. boolean algebra/logic can not be used to model true reflexivity (truly reflexive structures) - which i say is what the market is. so in my opinion a (highly intelligent) human could always have an edge against the machines. they are ultimately mechanic and irreflexive in nature, not able to observe their own behavior
  • #5,119
  • Apr 28, 2020 12:26am Apr 28, 2020 12:26am
Quoting Jupiter
And you think the big boys don't know the limits of their machines? But they know also their qualities...
they don't.
  • #5,120
  • Apr 28, 2020 12:26am Apr 28, 2020 12:26am
Quoting karuner
Gann: i will read his book
Correct!
But not easy.
Gann has sown clues and rules in all his books.
And the real practical techniques were sold in his private courses.
I assure you that it takes years of research.
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