Right now I am having conceptual difficulty with the 2-3 on's usefulness, given that even on the HTP, bars seems to exceed it with regularity. Watching the focus or LTP in this context then, would appear to be a low yield pursuit. Given its unreliability, one would want considerable evidence on these lower time frames to validate the HTP level before making a committment. Maybe I need to see this tool used in conjunction with others and in real time in order to appreciate its value.
D.A.
2-3 Ons Usefulness
Re: 2-3 Ons Usefulness
As you get further in the course you will start to see the process of trend ending... 2-3 dots on is one tool... when resistance (support) starts to hold....you will see the HTP tool validated on the LTP activity... don't hold too tight to any single tool at this stage in the game ... let the rest of the theory and practice play out and then make the judgement . . .