"range" and "volatility" are almost equavalent. They are like alternate projections of the same phenomena.
"There’s just too many variables that fall outside the sphere of logic."
It's not so much that these variables "fall outside the sphere of logic" (whatever that means), it's that the variables are so numerous that the number of configurations they can fall into would be mindboggling.
Just concentrate on the daily chart at first
It actually works in any time frame, but obviously a daily chart will give you a lot more price movement than the 5 min chart
If you try to apply it to intra-day charts, ignore the first bar that forms in the morning on opening gaps
You will be better off just sticking with the daily chart
Read my definition again and find one on the daily chart and you will see that an outside day, an inside day, or an engulphing day cannot constitute a Range Signal
It's more like a "loss of momentum" indicator
Look at a chart like QQQ and notice how any given bar almost always partially overlaps the bar that came directly before it
Now look for a bar that forms completely out of the range of the bar that came before it (no overlap)
This is a Range Signal
These bars can form above the previous bar ---Range Signal (up)
Or below the previous bar---- Range Signal (down)
Once you find one, notice how predictive they are of future price direction
They work best on the daily chart
Today's high (108.86) changes the parameters on the Range Signal
Now we need a day with the high below 108.11 to trigger the Range Signal (down)
This could easily happen tomorrow since (8 dsma * 1.02) is now at 108.25
If we get the Range Signal (down) it will confirm 108.86 (July 14) as the Short Term Top
This entry is probably a little premature
the model has given no clear ENTER signal
just going with the probabilities and the fact that we are above (8 dsma * 1.02)
prepared to hold these until Tuesday
Well we didn't get the Range Signal today
We will be on the lookout for it tomorrow
The parameters for the signal won't change unless we get a hod above 108.48
If the hod stays below 107.45 this will constitute a Range Signal (down)
If we get the Range Signal (down) this confirms 108.48 (July 1) as the Short Term Top
Once the Short Term Top is confirmed "reversion to the mean" will move to the top of the model's list of EXPECTATIONS
"Laying it out again" would take hours and hours of writing at this point. If I had to simplify it and put it in one sentence I would say:
The QQQ chart is a perpetual series of imperfect sine waves and can be analyzed using all the conceptual and mathematical techniques that have been developed for the analysis of sine curves.
I was born in 1989
My grandfather used this property as a vacation property. He died in 2009 and left this property to me and my little brother. So far my brother hasn't asked me to buy out his share. He spends very little time here. He loves the LA club scene and doesn't like Taos.
My dsma model is on the verge of perfection, which you would realize if you followed my posts and analysis.
Well if you think "Heart of Darkness" has ever been made into a movie, post a link. Besides Orson Welles other producers through the years attempted to make it into a movie but all their projects fell apart. It's as if the work has a jinx on it. Even "Apocalyse Now" came close to being abandoned at several points and took years from the start of filming until it was finally released.
I don't think "Heart of Darkness" has ever been made into a movie. Orson Welles attempted to make it in the 1930's at RKO but the project fell apart before it was finished. "Apocalypse Now" was very loosely based on "Heart of Darkness" but it has few similarities with the book.