So on the questions etc etc around channels and stuff over last weekend ive put in the channel for zel
@rick64
Ive done this by going to a monthly display chart for the daily price and auto extended the lines .
This now replicates through all my daily charts in display periods of the daily price only .
Confusing yes it is as im learning this bit about the program also and what indications im using to find the the trend from a bottom .ie where it starts from down trend to uptrend and maybe where look best for this .
I dont know to be honest where people put their channels for this as everyone has different time frames set where they may do this ?
Ie the last bottom would be best spot to put them but where is the best high to put them at ?
But in answer to your question are putting them on the weekly monthly charts also of benefit . Well if a trends not established where is the place to do this anyway ? If your program was to say open and close the channels as price moved ok .
And you want trade against the trend also good for this as well . imo
So use my little luv button at the moment for an example . And send me into a tail spin with dive bombing stukas attacking ships situation .
The display period is useless in and annual chart for a channel and goes backwards from there . But the annual will display a years worth of price data to a pattern overall . This is a bell curve on zel with channels .
The stukas rise to the clouds then they dive from them to bomb the ships . Which is distribution .
Where they find a new ship or whether a submarine was hiding under this who knows?
Its the prize we after and thats the submarine because its hidden from us to see .
Ive just started on the rum for the day because the submarine can stay out of view for a long time from both the ships and the stukas but presents the same problem for both because of the time frame it can do so .
Who cares i want the money . I mean save lives in a war and win regardless of the result .
If you have a rising tail from the low you know the direction in the candles imo
Just comes down to time whether you have it or not to be able find the inflection point where it changes from being sold to bought up and you can still sell if getting it wrong . A bot does this in some ways and all the market mechanisms etc they introduce for big seller or buyers to maintain stability of the market .
I hate volume but i also need it to be able sell . When i want !
Is why i hate it so much !
And why i love the curtain droppers because they do it quickly .
I get caught in them as well because of the nature of stocks i get dreams on .
I buy and sell mostly just to send a bot crazy and some fruition it gives me satisfaction of not knowing anyway .
Till someone asks a pertinent question and i have question all the complexities in what i do/know which seems so simple to do ?
Call it cognitive dissonance as im well adjusted to the fact i get it wrong on plenty of occasions for all sorts of reasons .
Mostly not smart enough and time to get it wrong to be smarter costs money and time .
And im a wizard of bull shit when i convince myself im right .
And better still when the stt is on song with the same stuff like sectors and whats moving at inflection points etc etc etc
No matter what they are if pointing out chart stuff or fundamental stuff as long as we are the submariners we should pick up the direction long or short term of the market participants .
Maybe you can learn to much and you end up with a head like a prawn and lose focus on whats simple .
