Articulation Of Ideas

Our pound trade arrived from the lower highs at 1.3438 creating an s-wave event that is still ongoing to the downside. The eurgbp fractal setup did not complete, it is not invalidated either as the pullback is also ongoing.

With no analysis required today I explore and talk through some of my ideas, the logic behind them in an attempt to quantify more patterns that will enable us to produce better more accurate decisions in the future. I wanted to talk about some grey area cases between the fibs and events instead we went through anchor points. The gentle stroll was fruitful as we've generated maybe 2-3 concrete details now added to our understanding of price action.

Good Trading.

Analysis

The exciting new ideas we've been thinking through lately has taken front seat on this blog this last week. As a result we've neglected to analyse price using our established principles and patterns.

We go through the main pairs today describing the structure currently present and the probability landscape surrounding price. The key distinction made to our system is the reference to our s-wave entry pattern. This pattern in its multiple forms is now expressed as an 'event'. The s-wave across its forms and scale is in one extreme sense a form of structure but in its other extreme a form of momentum. The amorphous meaning that is revealed primarily through context separates an s-wave that produces more structure to an s-wave that presents an opportunity. These opportunities are 'events' and will be referred to as such from now on. This is in contrast to structure which will be referred to as such or as 'resolution' when the structure developed increases the precision of our analysis.

The eur/gbp is the most concrete pair. It is currently developing the tail end of s-waves. We are looking for an event from a bounce off 0.8653 to the downside.

Good Trading.

Update 15th Jan

We walk through the structure present on some pairs. Its becoming difficult to say what is likely to occur given the state of structure. In fact I think its not actually possible to determine from structure anything about the future of price. The events we look for are not predictable but rather need to be observed occuring in real time. It is these events that cause price to move with a probability that is increased or decreased relative to the constructive or destructive alignment of structure.

We came across another idea today analysing our gbp/usd situation that I discuss in the short follow up video below. A more concrete form of knowledge contrasted to criticality. This mixing of structure and momentum into an entirely new form feels like such a leap even though upon reflection I do not see any holes in the logic. It must be true and therefore we will be adding this pattern to our toolbox.

Good Trading.