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Re: A New Trading Game (chaos game) Played for Money and Played in Risk- Free Space

regit, Thu Apr 27, 2023 8:43 pm

Meyney wrote: Thu Apr 27, 2023 3:07 am
Thanks for the input. I totally agree that the intra-day set up was indicating buying. However, the information that I posted about the H1 needing to make an even lower low to achieve an A(3) point 3 due to an M(5) high on both H1 and H4 was not intended to reflect the short-term direction for entering trades, but rather that a longer-term down move is in progress. And it will likely be several days or even weeks for the price at H4 M(5) high to make its way down to the corresponding M(5) low, because that M(5) is also approximately H8 or H16 G(4), H16 or H32 A(3), and H32 or H64 Y(2). (This probably corresponds to about a W1 timeframe.)

So, while price is cycling up-and-down on the partitions below Weekly, we know that it cannot exceed the high that is is seen at the H4 M(5) high. And also because of this H4 M(5) high, we can enter short positions anywhere between that high and the H4 low at Y(1) low point and eventually, price will go down to create an H4 Y(2) point 3 low below that Y(2) point 1 low. And for even longer term than this Yellow, H4 will have to produce an Aqua sequence inside of that G(4) down movement.

And when you examine H4 right now, you can see there is a Y(2) point 2 reached. But this point 2 has moved up twice now. This mobility of a point was my question about criteria that indicate it is finally fixed. It seems to me that it is mobile until the point 3 low is drawn.
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