ImpLaNT wrote: Tue Sep 12, 2023 4:14 pm
The Professor asked to switch to working with gold in order to be on the same wave with him, for convenience and greater mutual understanding.
My yesterday's trade...
The mistake was a somewhat early entry, without waiting for the second level command, which I talked about yesterday, which is why I had to sit in a drawdown for some time and be outside the risk-free space.
@ImpLaNT when you trade from 6n and exit a persistent trend as you did, joining becomes tricky in the standard trade frame. Because in the actual cycle (intraday), perturbations become highly constrained within the flow (a condition known as lamina in chaos mathematics). This means you will not find a whitehead or a blackhead to mark entry for you in the trade frame when you desire to rejoin. Therefore, you must scale down to find entry and depending on what is called lacunarity (something like the density of fractures), per the intraday cycle in the time you desire to join you might only find spikes (entry pinpoints or Semaphores) in 5n, 4n, or 3n. At any time though 2n and n allow joining but you do need to be skilled reading Semaphore weights to effectively join lower than 4n. Therefore, the "homework" I gave is not just for information it is something you learn and really try to understand (beyond oh they are Semaphores -----------> Semaphores provide incredible information and the rule zero of Orbit trading is to respect them, observe them and understand them).
Secondly, I notice that most participants here feel it a burden that they need to read so much and gloss over much of what I write in posts and in the Orbit books. That is an error. I have said and will repeat it is self defeating to think that mastery of signals is enough or the math to which I allude and explain in bits from time to time is
razz. NO THAT IS A WRONG ATTITUDE. Orbit (once again), Orbit is NOT "technical" analysis you are not trading signals you are trading an analogue equation. So for example, you do not know how to measure risk-free space or indeed how to exploit the fact of risk free space which is why you are showing a day trade when clearly you were in risk-free space and trading a persistent flow. Please go back to OrbitPlay Analyses page 12 (and the other details in that book), to understand how to measure risk-free space then work out in your head by looking at history the best behaviours (strategies), when you are in risk-free space and have lamina flow. Meanwhile Google up the new terms here to be sure you have a good sense of their meanings. Again Orbit is NOT "technical" trading.
(-_-)
PS: Can you point to yourself what the best rejoin point was today in the 5n chart?