Oct

18

Change, from Jim Sogi

October 18, 2019 |

 Change in the natural world is not a gradual process, but rather occurs in leaps and bounds. Natural events like the change of tides is often mistakenly thought to occur as a gradual rise as shown in the graphs but actually the tide rushes in a few big waves. The change of state from water to ice is not gradual either. It faces an abrupt state change. The demise of the dinosaurs after 300 million years of success came in a moment when a meteor changed the world.

I've noticed, at least on 4 hours bars, that change in the market seems to come in spurts, then a period of recoupment or retracement in smaller increments over a longer period. The recent rise mostly occurred in several short periods when a longer period of wandering about. Drops seem to occur and big days with a longer period of retracement in smaller increments.

The trick is to either predict or be positioned for the big moves.


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