When I disagreed with your interpretation of what a doji candle was earlier this week ie you think it represents continuation sign - I think it represents market indecision) re Wednesday's daily candle [which I specifically said was doji-esq not a doji...ie like a doji but not quite a doji I said that I didn't want to get into an argument with you over it and we would agree to differ. So when I read your post above (quoted below) I was surprised at your comments.
You, in that post (quoted below) are referring to the daily candle of 23/10 and I agree the body represents dark cloud cover...the pic was posted by you originally on 25/10 at end of last week ...In my usual w/e summary post of the same day (25/10) I agreed with the suggestion in the pic you had posted, indeed in my summary I said '....overall across the t/f's discussed above it points to more downside being the greater probability...'
As a further point in that chart in your post of 25/10 (no. 350,742) you said that daily candle was dark cloud cover and that the wicks should be ignored, but then in your subsequent post on 26/10 (post no. 350,755) you said regarding another chart '...pay attention to the upper wicks....' So which is it - sometimes you are suggesting wicks should be ignored, sometimes not ? And you are suggesting that I am being misleading ! And on that point - a large proportion of the stuff posted to this thread is utter rubbish (like most forums) ...and you accuse me of being misleading. I will take no lectures from you on trading or interpretation of PA , nor do I care whether you think I am a ' good poster ' or ' good trader. ' I don't post here because I want people to think I am a good trader - I care not about that - I post because there are the odd nuggets to be had and in taking those I should give a bit as well. As for my secret edge - you are right - it is intellectual property, hard won, proven over many years, and thus has an intrinsic value, and I will never reveal it on any open forum, but I have talked often about it's constituent parts and underlying principles and given example after example.
As for weds/thurs daily candles being followed by more downside - well like we both agreed that for this week was the greater probability - and you may have read them as continuation signs - I read them as market indecision to a large extent (ie not perfect doji's or spinning tops)...that indecision was resolved by more downside today.
You have had a problem with me/my posts for some time - so please, do us all a favour and just put me on ignore.
You, in that post (quoted below) are referring to the daily candle of 23/10 and I agree the body represents dark cloud cover...the pic was posted by you originally on 25/10 at end of last week ...In my usual w/e summary post of the same day (25/10) I agreed with the suggestion in the pic you had posted, indeed in my summary I said '....overall across the t/f's discussed above it points to more downside being the greater probability...'
As a further point in that chart in your post of 25/10 (no. 350,742) you said that daily candle was dark cloud cover and that the wicks should be ignored, but then in your subsequent post on 26/10 (post no. 350,755) you said regarding another chart '...pay attention to the upper wicks....' So which is it - sometimes you are suggesting wicks should be ignored, sometimes not ? And you are suggesting that I am being misleading ! And on that point - a large proportion of the stuff posted to this thread is utter rubbish (like most forums) ...and you accuse me of being misleading. I will take no lectures from you on trading or interpretation of PA , nor do I care whether you think I am a ' good poster ' or ' good trader. ' I don't post here because I want people to think I am a good trader - I care not about that - I post because there are the odd nuggets to be had and in taking those I should give a bit as well. As for my secret edge - you are right - it is intellectual property, hard won, proven over many years, and thus has an intrinsic value, and I will never reveal it on any open forum, but I have talked often about it's constituent parts and underlying principles and given example after example.
As for weds/thurs daily candles being followed by more downside - well like we both agreed that for this week was the greater probability - and you may have read them as continuation signs - I read them as market indecision to a large extent (ie not perfect doji's or spinning tops)...that indecision was resolved by more downside today.
You have had a problem with me/my posts for some time - so please, do us all a favour and just put me on ignore.
Dislikedin fact this is dark cloud cover ,ive tried to help bbmac as he has a light touch on reading price which is misleading to this thread having said that I think hes a good poster and probably a good trader with his secret edge {quote}Ignored
ex member
@ least I'm still holding
:nerd:
