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Thank you Walt for your post.
Am I correct in assuming that you base a "Key Reversal" not on any number of
reversal bars or like patterns, but rather on a specific price point set by
a lead-in or lead-out bar in a previous SH or SL?? The reason I ask is
because I've seen several definitions of Key Reversal and it would be
helpful to understand this Symbol as you define it.
Best regards,
Gene Pope
----- Original Message -----
From: <walt@xxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, May 06, 2002 8:12 AM
Subject: Re: [RT] Mathematical and Symbolic Market Logic
> Hi Jim,
>
> In the pattern, a swing-high is defined as a high with a lower high
> on either side. A swing-low is defined as a low with a higher low
> on either side. This is a classic and the simplest definition of
> swing-highs and lows.
>
> New highs in an upward trend and new lows in a downward trend are
> subject to the rules of chaos in that their volatility makes them
> less valid as the "simplest" point of defining trend.
>
> Thus, classical swing-lows in an upward trend and classical swing-highs
> in a downward trend represent the simplest form of the trend.
>
> Walt
> >
> > Walt,
> > While it is accepted that in your words "...the concept of the trend is
a
> > valid logic.", I would question your examples of the patterns you
reference
> > to support your contention that "patterns that balance mathematics and
> > symbolism may provide stronger trading results than patterns that do
not."
> > In both examples you use a single outside bar as a defined swing
pattern.
> > This contradicts any definition of a swing that I am aware of. In the
S&P
> > example, the outside bar does not even represent a valid change in
sentiment
> > since the close is near the low of the bar and in the direction of the
down
> > trend. All it represents is probably some stop running during the day.
Thus
> > if you eliminate this misrepresentation of a swing, your pattern does
not
> > exist. Surly you have less questionable examples to support your
contention.
> > Secondly, I question your definition of the the logic of a trend in it's
> > simplest form as being the progression of swing points. Wouldn't you
call
> > the series of higher highs in an upward leg of a swing pattern as a
simpler
> > definition of a trend?
> > Jim
> > ----- Original Message -----
> > From: <walt@xxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Saturday, May 04, 2002 5:02 AM
> > Subject: [RT] Mathematical and Symbolic Market Logic
> >
> > > Hi all,
> > >
> > > Atttached the attached .zip file, I've enclosed an article that is
> > > soon to appear in several trading publications, along with some
> > > theoretical trading results and a few charts to illustrate the
> > > pattern.
> > >
> > > The article is based on certain inequalities that often exist in
> > > trading systems or methodologies pertaining to the two ways in
> > > which humans reason: Mathematically and/or symbolically.
> > >
> > > Let me know what you think.
> > >
> > > Walt
> > >
> > >
> > > To unsubscribe from this group, send an email to:
> > > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> > >
> > >
> > >
> > > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
> > >
> > >
> >
> >
> > To unsubscribe from this group, send an email to:
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> >
> >
> >
> > Your use of Yahoo! Groups is subject to
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>
>
>
> To unsubscribe from this group, send an email to:
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>
>
>
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>
>
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