Chickenspicy wrote: Fri Sep 08, 2023 10:42 pm
ive done some expirementing to see how long i can hold a position before trend will end
as you can see this is not a very good idea because it will be too late before can exit position safely
it is better to get in trend early with command 1 from crown to crown
or point to point with range arrow and 6n spot trade like Italian
Nice work. But think of the bigger picture not the short term action. It will always work in the bigger picture because of symmetry but the problem is we rarely ever find perfect entries. For example, we are not there when the best entry action is on or whatever else keeps a trader from being available at the right time. But you solve by symmetry. I would think as follows:
a) A diagonal is given so price is trading along a fixed direction.
b) Wherever price goes it will not go outside the line that defines the shape of the pattern (we call that 0 which is equal to the start semaphore of the given diagonal).
c) Therefore I have no risk if on any H4 pivot high for a diagonal down or H4 pivot low for a diagonal up I join the trend to hold for the rest of the range.
d) For as long as Begin Semaphore Crown is NOT equal to End Semaphore Crown (and the primary command is unchanged) we still have space in direction.
e) So on some days in addition to my joining entry which I hold, I can add again and hold on pullbacks for the same direction or I can day trade opportunities that I see.
f) So the issue is your mind. You must know to think that we are describing a continuous flow unconditionally ------> nothing will change flow direction.
g) With that in mind and also knowing that the pattern is respected e.g. Lower Highs for a fall and Higher Lows for a rise (are respected). You determine your actions.
So it is a question of going behind the command and understanding that there is a force that makes this true always. A mathematical equation just like that in compound interest so cannot fail and indeed does not fail as you will observe over time. You cannot bring experience forward but you can rely on knowledge forward.
Please do I make sense? If not please point out areas you do not agree with or understand or simply want to talk more about. But if you think the above through it will help..
(-_-)
PS: Your focus is on the larger diagonal not the short term action. You are trading a continuous flow unconditionally when level 1 command is given subject to pullbacks which resume price in the same direction. With such certainties you arrange your trading. The trend is not your short-term trade because your short-term is only a fluctuant and a part of the larger picture.