New ticker meanings #3

 Trade three has the same coding as trade two, and I think I will change it.  I have found instances of directional conflict, and if I do it will be with a new symbol [most likely ++], and keep all colors the same.  If the market is above trade three and moving up, but below trades one and two the color is red [dots] and that is confusing because the market is moving up and not down.  Everything else seems to be, as I want it.

 The most important things in the ticker are the access boxes [trades one, two, three, etc.] in that they represent capital entering the market with equality [a buyer and seller].  The database is biased to being long and has an exit program, therefore, if the program does not exit, it means that longs are staying, creating the needed imbalance for direction.  This activity will take place ahead of any color change giving plenty of time with which to work. 

 The net of this is to change from trading with unchanged on our side to trading with direction on our side. 

The changes in this newer program [ticker] relate to introducing both a time and price tolerance into the calculations.  These keep the data smoother as you can see on your new display.  When there is only one entry, the box will be gold when that entry is above the exit, white when it is underneath.  After trade two the colors will shift to the highest and lowest of that pair.

The chevrons [<<<<<] were introduced to show retracement and note that when retracement is retraced; it should be thought of as an entry, which it indirectly is.  The chevrons appear as the first counter move in the developing section of the market.  The first direction will be dots then chevrons if needed—note the market can move vertically either way at the starting point so having one versus the other has no bearing on the outcome.  Note that it is back and forth through the access point that creates chevrons to dots etc., and also note that where chevrons appear in the data string, the first chevron will be at or very near that access point. 

The key point in reading the ticker is to see the market vertically in the linear development of the data stream.  You must go to the 0-4 graphic and study it.  Next you must see that change comes from entry and not price.  The change in colors is after the fact, but is still needed.  A long string of green dots will not change to red without additional entry—note where in the string this entry takes place as the lower and more attractively priced the better the chance for change.  

 The only thing that can go back and forth is the last price indicator [blue color].  All else just continues to move forward. [where + equal dots] +++++<<<<<< +  means the market went above the entry [last access or trade number] by five price indicators [i.e. +’s], went below that same entry by five price indicators [i.e.. <’s], and them back above it---the market is where it started and we have created a long string of linear data. 

 We trim the data to fit between the last two points, and you should note that trade ones create the longest strings of irregular changes [dots/chevrons] because no entry means the same conditions will prevail, in other words, the market is in need of entry.  A close trade two above the carryover trade is good because buying is overcoming random market conditions.  Always try to find where the market needs to or is overcoming conditions rather than where it is advantageous.