ImpLaNT wrote: Wed Mar 15, 2023 12:11 pm
BTCUSD
8 harbingers of a downward reversal...
This is my reading and understanding of what Orbit tell me on BTCUSD
i. Cannot say to you yes you are correct here no you are wrong here, etc
ii. What we can say is very well done for a sense that tries to synthesize meaning from the indications on the screenface
iii. Ultimately time will very quickly tell you the indications you can rely on, why and when.
iv. In general read change as taking hold from
left to
right, i.e. we go from S ------> M ---------> L we do not worry too much about L+1
V. As the change deepens from S to M, etc you find the indications (including that previewed for the future), changing as well.
Vi. The screenface merely updates the indications based on current fluctuations and therefore the implications for the future given the depth and strength of current fluctuations and so M, L, L+1 merely report states based on current fluctuation and therefore change or get updated so the future is not fixed. It depends on the
now.
vii. At a
top or
bottom there is a lot of
intermittency obviously. The math says many different sequences arise but not all are viable on the path to chaos (in the sense of exponential divergence), some are what is called fixed points. The math says that eventually the system selects just one sequence which is then iterated beyond the fixed point level and ultimately to chaos. This selection process takes time and causes the register to run riot as everything read keeps changing in short spaces of time. This intermittency is intrinsic to chaotic fluctuations and there is nothing anyone can do about this. Learning to read the screenface the way you have gone is the only way you keep your head (orientation), by realizing where you are and what is going on.
Viii. But overall and within a short space of time your approach leads you to be able to firm your mind with reads that you know work very quickly, this is the only way you ultimately begin to take trades with confidence. It is a falsity to state the market beforehand in terms of steps if no 2 cycles or sequences are EVER the same. So Very well done. And I hope it is clear that because of the nature of market fluctuations you really cannot pre-state steps ahead - you read the context anew each time because the math says NO 2 CYCLES ARE THE SAME EVER, REGARDLESS OF SCALE. The pattern does not repeat itself twice in the same exact way. This is why trading systems fail often - Orbit is not a trading system so it presents you with the state of the system (market), accurately and in a sense that leaves you in no doubt of the correct move eventually and you decide how to play. The market is wicked and so wicked that there cannot be experts or experienced traders -------------> what is experience worth in trading if no 2 cycles is the same ever and regardless of scale?
(-_-)
PS: In some other post I suggested inserting any oscillator of your choice (bounded), and trying to match this oscillator with the movement of the KSO and screenface reads as well. The idea is that everyone knows how to follow an oscillator and so with one directly viewable on the screenface it should take you only a week or 2 to master Orbit.