| Life
consists of energy, and all of life moves in a constant flow,
from one extreme to another, flowing back and forth in an eternal
cyclical or wave-like manner. Later in this lesson we will talk
more about the nature of this flow, and how it is reflected
in the markets, and how markets move with this rhythmic flow
as well. But right now we have to get specific about how we
visualize this flow and discover its underlying form. We need
to be able to see it, and monitor it, and take advantage of
the flow to make a profit. So we will learn about a basic tool,
the PLdot. |
|
Perhaps
we should start by looking at some data.
What is the market in its most basic and
elemental form? It's a series of transactions between individuals,
right? When one trader buys a contract from another, and that
price is recorded by the price clerk or by electronic trading
exchange and put out over the wires, that is one data point.
The endless series of trades at different prices is what the
market consists of – nothing more.
|
P&L
School of Drummond Geometry