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n123

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Everything posted by n123

  1. According to this, and the fact that we can create bars in infinitely many ways (5 seconds bar, 7 seconds bar, or 23.5 seconds bar... etc.) can we say that in fact every price can be a HUP? Then... here can we say that any point from SD1 to SD3 are possible entry points as we can expect price to move at least one SD from there? So SD1.3 SD 1.7 SD 2.4 all work (as good as SD1 or SD2?) ? I may be way off and missing some important points. Please forgive me if I sound rude or challenging, I just wish to understand this fascinating subject (I like maths!). And as English is not my first language, I couldn't express very well. Thank you.
  2. Thank you for your reply Jerry. Oh I should not confuse hold up price with support and resistance, sorry about that. I understand that SD quantitatively measures the volatility. But I still wish to know why SD1 and SD2 are hold up prices but not SD1.5 or SD 1.3 or anything in between? Is there some discontinuity in the distribution in the SD1 and SD2 level so that when price goes there it tends to hold up or slow down? Basically, why those particular points?
  3. Thank you Jerry for introducing this interesting topic! I have read all your threads and watched all the videos. I have a fundamental question about HUP. I am very curious to know why do HUPs work. Why are they support and resistance? For example, if SD1 is a support/resistance area, why not SD1.5 or SD 2.3? What is so special about them? To me, support and resistance work because people around the world use them, like fibs... why do 50% or 61.8% retracement often rejects price? because many people watch them and use them. So the reason for them to work is self-fulfill prophecy. I am sure they work well for you, but I am just curious why they work. Thanks again!
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