What if you listen to Cassandra word carefully?
Is it nightmare or Gospel?
Let us compare how it was and what it is
Because it is power of Trend
Hence let us strip up her secret how she
predicted 3.43% profits within a week
1. Real time of USD/JPY
Do you remember what she told you?
She suggested price of 120ma in 75M chart when
it is going up
2. A Week ago of USD/JPY
3. Strip of Cassandra words
What are the secrets of her knowledge?
How she could predicted the price if it is
matter of drunken man walking as a random theory?
Because she knew the trend as Issac
Newton
“An object in motion will stay in
motion”
so called Ladder pattern
It may well be regarded as a distorted rectangle not only of
characteristic behavior but also of Psychological status.
All Main concepts
from the pattern are finding out common element by inductive logic, since all
substance is same as rectangle pattern.
in especially ⑧&⑩ points are shared
with resisted line of 75MA, the more intersection of facts, the more you can
ensure the possibility
More about Ladder
pattern
We often heard the ‘one sparrow don’t make
a summer’ it is very best explanation of ‘Trend, it means in chart trading we
are able to enjoy the weather of springing, mayday of life. For one sparrow can’t
switch “the Trend of spring” into especially in weather of summer. It is power
of trend and power of the inertia in Issac Newton world “An object in motion
will stay in motion”
I was about to create a chapter about “sparrow
and trend” For it is very good example of explanation of” “TREND" since
the meaning of “TREND" is so essential to technical anlysist filed. It is one of advantage which the fundamentalist
can’t get it.
Meanwhile
Assailed with doubt, how do we know about
the period of trend in chart but not in season?
Whereas we have known already about prior knowledge
what is meaning of spring and summer and season and also have known that each season
is consisted 3 month period.
It is question for us. Even if one sparrow doesn’t make a summer’ we
know when the summer is coming. In season it will be presumably within maximum
of 3 month, the summer coming at least. But in chart how do we know the length
and duration of trend?
It is one of our final tasks to synchronize
the sensation between a sparrow in season and a trend in chart
If we can truly sense what is meaning of a summer
or springing in season as like as we can feel it in chart, it is one of best
and lucrative deal what we can harvest from the skill of chart.
I may reissue this topic “sparrow and trend”
At the moment I want you to partly satisfy with
the trend as below
Thicken black line is upper line of BBS
Thicken Red line is middle line of BBS
BBS is another expression of ladder pattern
especially the red line has substantially same function of trend.
As mention before, You may recognize this
is acted as same mission with same function of Resistance & supporting line as well as
of one Traditional trend lines (14) because they are intersected by both
conception. It is nothing but just a matter of angle from which side you can approach
here.
It is trend of BBS and of ladder pattern, too.
We can enjoy the party until the trend is collapsed with
double tops’” signals ( which is
inverted pattern of “W” of course it is better if we can company with
negative divergence from any indicators)
Those BBS trend between upper and middle lines has more significant
power than normal trend line which you may draw as this. It is doubtlessly
acted as Resistance & supporting line as well as one of traditional trend
line.
You can decline the degree of angle and see as attribution to
rectangle.
The methodology of trend has been fulfilled long time since Dow
Jons. Even nowadays many of analysts take advantage of this function as the
trend in
chart language, which is neither inclination nor constancy but an object in
motion in motion in Issac Newton world.
As you can see the No ①~No ⑥ has
been busy for his mission for embracing inside of a ladder (ref. Ladder pattern
chapter)
See the No ⑦ and No ⑧
Both of downtrend line and BBS of down line are breakthrough
and strongly supported by BBS down line. Interpret that when such a case
especially the BBS and Ladder pattern is overlapping it. They are coworkers as
common interested.
Here of BBS of Middle line and downtrend of ladder is shared
with their job. You can see this as bullish phase. In my chart it is expressed
by blue background color as you know.
When it is breakthrough, where is it also rebounded?
When is best time to enter here?
The once resistance will be recoiled as supported line. The support
will switched as resisted
Hence It will be rebounded to the No ⑧ which his
function has been changed from support into resistance line with 70% personal
statistic.
I wish you to expend and enlarge this fact not only into this
ladder pattern but also into analogous pattern such as rectangle, flag, Wedge
and all of triangle. I mean “all “ it is substantially same same but different.
And I wish you to inflate like popcorn those facts with confluence
of other indicators for best timing for entry as well
It is same trend as previous one but more clearly we can
observe inside of story.
=
I have a question, What if it is not rectangle but flag
pattern where post is as the upside down pattern of the flag?
We can artificially decline ladder pattern as above
and can similarly interpret this pattern as rectangle Pattern in terms of psychological
struggle story between a bull and a bear world.
When you find out some of this pattern as the trend, it does
not always guaranty you to earn the money but you have some reason to enter at
least. This is one of our final missions for feeling it.
It may be small difference in stock trading but it is big
difference in technical analysis unlike fundamental analysis. It will be too
luxury to apply to the fundamental analysis here in world of Forex trading.
This is reason why we classify all the patterns in the light
of conception from the fractal geometry to obtain the more possibility in chart
language as well as We may access to here in this pattern as a tools of logic of
induction theory.
When you see such a ladder pattern, you can think about
entering at the No ① but not uptrend of it otherwise your psychology will
fret and erosive and suppressed by emotional decision.
It is apparently at the moment just two intersection of them the
point is confluence both by one of 14 trend patterns and BBS line. But you may
see the more meaningful intersection as progressing of this book. I want you to
not have objection that the more intersection of patterns the more possibility.
But I want you to acquire and you to better arm with statistics since we can
see as much as we know.
Who said the most easest things is advise
some one and most difficut things is vitory in argument from ignorent one. Perhap
I am doing same things, for in fact It is not easy for us to apply it in real
trading because the chart is only displayed
after result. But before result it is not same matterns. Hence it is
easest thing for me to adive you that i
can justy the logic only according as what is actural happened.
It is hapeend as often as eathing rice on
korean breakefast and as often as I am poorly betrayed it is too bad trauma to
cure it.
Let us see this chart. we know where was
best point. But before result, we are humman, too humman
However Undountley you know where is hunting
point as this
①
Is ideal point again
②
But I had entered 2 ,for it had provided several reason to
bet ; it breakout the previous higer point , C wave and chair pattern even
more, but it entirely betraied all the probability.
If we are not armed with stop loss, do not foret that we are completely forlorn
③
Is frist ideal point but I could not expect to be became
status of ①from view point of ②
I have sad vistory with bad result.
I did it with stop loss. The lessen fee is
incalculable not only material but psychological issue
We call it bad trauma. Hence in chart world,
keep in mind that We absolutely cannot get along without stop loss. I mean not
only this pattern in chapter but also all of loweret point in all chapter
