Entry Bars
Posted: Mon Dec 04, 2023 2:48 pm
Hello instructors and fellow traders.
Eric, I've long appreciated your work at Mack's forum. Just beginning this course, which, so far, is proving to be an excellent "master class" of sorts in Mack's PATS - my suggestion to anyone wanting to learn price action purely from a chart-reading perspective is to get Mack's manual and start there, then come here to really dig into the meat of it. I've only begun and after just going through the "Initial Considerations" several basic and critical concepts have already become much clearer. Kudos on the PAL!
With that said, I have a slight, and maybe even non-sequitor, question: I've seen similar systems where the bar that breaks beyond the previous bar is refered to as the "entry bar," but in this course the previous bar is labeled as such. The fundamentals are the same i believe, but I wonder if this affects the pedagogy in some way, or if there is a benefit to labeling the "entry bar" one way or another beyond the benefit of ensuring I'm reading the same sheet of music?
I hope that made sense.
Harold
Eric, I've long appreciated your work at Mack's forum. Just beginning this course, which, so far, is proving to be an excellent "master class" of sorts in Mack's PATS - my suggestion to anyone wanting to learn price action purely from a chart-reading perspective is to get Mack's manual and start there, then come here to really dig into the meat of it. I've only begun and after just going through the "Initial Considerations" several basic and critical concepts have already become much clearer. Kudos on the PAL!
With that said, I have a slight, and maybe even non-sequitor, question: I've seen similar systems where the bar that breaks beyond the previous bar is refered to as the "entry bar," but in this course the previous bar is labeled as such. The fundamentals are the same i believe, but I wonder if this affects the pedagogy in some way, or if there is a benefit to labeling the "entry bar" one way or another beyond the benefit of ensuring I'm reading the same sheet of music?
I hope that made sense.
Harold