ok maybe im understand what you write but i think you misteak price, short from 1685 and 1670 my situations have highest price only 1669
=) the exact price does not matter (to me anyway).
I care about how much space there is to -x% and how few lots I can get rid of
to multiply the remaining space to send the stop to a higher technical level if needed.
I have a 3 step program:
Position on the chart (from cat. stop)
Increase lot size and maintain a large lot size
The expansion of a long term range
[I] My goal is simply to be in the market with a large lot size while bringing initial risk to zero.[/I]
I don’t expect to win, I just expect to win big when I do.
“I don’t expect to win, I just expect to win big when I do.”
You are so modest 
I do not know what to ask…
Do you give lesson somewhere how to say a lot but dont say anything?
Because you’re a master in this profesion
Is there a possibility to play with you SOM on stock in real time? You know, chat or something. I do not mean chat type- enter here,exit here. But you know tips,or basic advice.
A simple answer is perceived as cryptic when the mind is searching for complexity. :5: :54:
Anything is possible but not everything is probable =) just playing.
Yes, you can send me an invite on Google Talk, tell me who you are, and we can drag N’ drop charts to discuss.
Ok thx
First i use google search to get information what is google talk 
Som i send you email. write me when you have little time and i will conect with you
Hey SOM Maybe now you have some time to chat with me?
It is always better to discuss about charts and trading with someone before taking the plunge and making some trades.
Hi SOM,
How can I protect my money and predict this action?
OR maybe I understand things wrong?
Do you see first closed above SOMETHING. OK I entered LONG near to something when price did not close below.
And then BUM. MOMO down. OK, so I thought that price is going down. I was waiting near to something and I wanted enter SHORT. However I did not notice any candle closing in my favour.
I did not enter. However, how I can predict so big jump up.
I think that I understand your concept
“Body in the direction of profit, wick in the direction of loss; if price is closing higher than something
then it is probably not going lower”
As I understand it correctly, you are using long bodies (momentum candle) to define SOMETHING.
Then you are waiting in the area of SOMETHING and you are observing if price closes higher or lower than SOMETHING.
My question is:
Do I understand it corretly or should I look on it differently?
Any comments are welcome
Regard,
Dawid
Been awhile since I have seen SOM posting in here. How many times do you initiate a trade each month or make adjustments when you are trying to catch extremes? I would like to see a chart of an actual trade you have taken, not because I doubt you, but interested to see your theory in practice.
The world and time are an illusion created through the mind by which points in consciousness are strung together. But it still appears to be real, and i am still confused :o
As I understand extremes today, it is an area where the wick for the day, week, month is going to be formed. Sometimes it takes, at least for me 2-3 trades to get the extreme. Once I get the extreme…i know im good for around 80 percent of the ATR, but i ususally dont make it that far before I freek out and take my profits…lol…
dojirock
Yah doji I know you have been at this awhile really trying to put your trading together on another forum, but can you elaborate a little more. I am past the cryptic stuff, and do see this as a simple idea, but have a hard time understanding the process of idea to application.
I read bredin and pcm a bit but my understanding of what is happening is still muddy. A trader is trying to position themselves at a monthly or weekly extreme. Daily seems a little fast for me. This is really picking a top or bottom. Some would say dont do that but in the sense of space you want to try your damnedest to get at an extreme because profit/position expansion is the greatest. I would accredit finding extremes to looking at previous weekly and monthly highs/lows and if price is congesting at those areas or making wicks of the tops or bottoms then this is a great place to position yourself and your line in the sand, but do you make your line a hard stop and just let yourself get taken out or only if price closes above your line will you reposition so you dont run the risk of being wicked out?
Now once you have found your position you personally use atr for possible exits? This part I find the hardest to understand. Once your position takes off you can reduce space and increase lot size, but most moves succumb to retraces, so if you gain 100pips space and all the sudden increase lotsize just to go against you, youre now losing bigtime.
Do you have a screenshot of a trade you have taken? Do you have a personal goal of say 100pips before you shut down a position. Space is a powerful compounding concept but I feel like all the guys other than SOM who try to implement it struggle forever because the ideas are being talked about more than the application.
Are you using custom candles? Every time i look at the compressed custom candle indi on the chart it just confuses me lol.
Hi Fury,
I have not incorporated, space yet into my trading, live. It has only been since February where something clicked. It is through following momo, and zlines for me. Extremes are ones definition of finding a excellent price on a swing. Swings are a top and bottom on some time frame, its all relevent. I always assumed extremes were just trying to guess the top and bottom and eventually you would be right and then the big move would come and cover whatever losses you haye have had. When I started using other levels of s/d or zlines or momentum at an end of a previous run, i noticed these are and extreme on one time frame or another. I do use cc as a confirmation or to help see levels if price isnt clear enough. I look for daily extremes on a daily chart when price enters a previous zline or level. Does this mean im trading extremes? or zlines? As I said before to me it is all the same. It has not been said how people get extremes, what other info they are using, so I figured out its got to be based on something? Thats when I take a stab at my trading style for an entry on a smaller time frame, thus in hindsight, catching an extreme. All in all, I think people think an extreme is a set place or area on its own and want to know how to see it. It has to be based upon something from the past to increase the likelyhood of success. I dont look for monthly or weekly extremes. Daily and 4 hr are the limit for my trading style. While getting some 100 pip runs, most of my trades are 30-70 before my emotional side kicks in and forces me to take profits. Im still working on the emotional side and transition of when to hold and move up time frames, which then I can incorporate spcace. I still find myself moving down time frames. What is your goal, long term? Im a short to midterm trader, I dont hold longer than 2 days. I will post my next extreme trade as I see it, hope this may help you in some way.
dojirock
A fellow trader gave me these pics to show me extremes 
Looking at them is how I came to the conclusion that I did.
dojirock
,
As soon as I saw the first picture I knew it was vane’s chart, she makes em look so pertty(sic). And then I thought oh my lord is that what she looks like…
okay that is a nice illustration of extremes on the daily, but how would you put this information into action? At first I see oh trade the break, or err trade the retrace, uh when would I actually be able to get in… Or are you trying to use that extreme and plot the high and low to see it on a lower tf chart?
hello fury, dojirock,
thanks for continuing this, i dun think vane looks like that but i think she sure would trade circles around me.
I think for us (me and fury), forget about trendsetter at this pt and concentrate on zline, momo and extremes.
best regards
-guandi
It was to me?