Digesting ideas of a fundamentally different nature takes time. Often our approaches will be intrinsically wrong, which prevents any real understanding from taking root. Just by starting to talk out some concepts immediately I was struck by what perceptual content I was bringing over with me and using that was only getting in the way of clear vision. Those deeper assumptions were causality, symmetry and the possibility of knowing anything ahead of time. Putting aside these three filters the true nature and form of the ideas was allowed to take shape as I walked around the territory. A shape I am sure wouldn't have been revealed had I notice recognized what deeper perceptual filters I was bringing. What perceptual filters I suppose I considered to be universal. Or at the very least we can say all my behavior would align with such a statement but an equally apt description would be to just say I was unconscious so I brought it with me everywhere and applied it to everything.
In the upload and write up I've realized some small additions and corrections I would make to the state of my thinking as I left it. Those will have to wait. Good Trading.
A new framework for organising our ideas is discussed today. No analysis. The interplay between momentum and rotation, our top down and bottom up perspectives and all the qualities intrinsic to either side are continuing to grow out vines in each others direction. There is a smoothness to the spectrum that we can now begin to feel as we move from one side to the other. The rigid binary resolution and then the original 4 categories has split into a quantity that we're taking as infinite. The distinct forms each pattern takes as it transforms over the spectrum would be an arbitrary decision and for myself currently to even loosely mark any number of them would only reduce the resolution of my understanding. There is one argument for doing so and that would be to reduce and limit the complexity to smaller more manageable amounts. This might really be a significant concern but currently it doesn't appear to be a problem. If we encounter situations where the complexity is beyond our ability to process we can always go back and mark out multiple distinct points on the spectrum to focus on.
Good Trading.
Straight analysis for a few pairs.
Gbpcad
Key level: 1.8512
Key Idea: bearish daily momentum, pullback into level
Gold
Key Level: (Low4670 & High4730) & 4840
Key Idea: tops at 4840 low chance this week, pressure into the highs/lows of consolidation for trading chances
Eurjpy
Key Level: 186.85
Key Idea: divergent top shorts
Usdjpy
Key Level: 159.45
Key Idea: momentum + satisfactory closes under level = short trade
Chfjpy
Key Level: 202.85
Key Idea: bounce or break were trading the s-wave