Name the swing before the grid

In the Lagodekhi room we still ask people to write the swing in a single sentence before any line is drawn. “The sell-off from Tuesday’s high into Thursday’s base” is a swing. “This look-back that makes 61.8 sit on my entry” is not.

The sentence does two jobs. It freezes the anchors so they cannot wander after a later bar prints, and it makes the later retracement discussable. If two students disagree, they are disagreeing about the sentence, not about a sacred ratio.

A practical drill: print a daily chart, cover the rightmost month with a card, write the swing you would have named at that moment, then uncover and only then draw. The embarrassment of a poorly named swing is cheaper on paper than in a live book.

We keep Fibonacci numbers off the page until the sentence exists. The grid is a measuring tape. It cannot choose the piece of wood.

Back to field notes