Anchor Base Technical Institute Ozurgeti studio

Journal

Marking a swing that actually counts

· Nino Kvaratskhelia

Students arrive wanting a formula for the exact number of bars that make a swing. We do not give one. A swing high on our packets is a high that is not taken out for a measured stretch of subsequent bars on that same timeframe, and that is followed by a move large enough to matter for the instrument’s recent range. A two-bar pause inside a drift is left unmarked.

In the first week of Swing Structure Mapping we hang three unmarked daily sheets of the same name. The room almost always over-marks. The correction is not a tighter indicator; it is deleting marks until only the turns that changed the subsequent path remain. If deleting a mark does not change how you would describe the last trend, the mark was decoration.

Bring a pencil, not a pen. The first pass is always too busy.

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Close view of candlesticks on a dark chart used in markup practice