Recent content by nopac

Happy Thanksgiving to everybody. I'm thankful for Db explaining all this stuff to us. Thank you Db!

When you say, "characterizing your market," do you mean "the NQ," or "the particular way the NQ happens to be trading today"? I don't know what you mean when you say characterize your market in order to figure out if it's mean-reverting.

You're talking about the median line on the 60m? How does that affect the way you trade the 15m chart? Since it's holding the median on the 60m trend channel, does that mean you wouldn't consider going short on the 15m or 5m? Or if you did take a short, maybe you'd keep a tighter stop? I've...

I've decided to start my own thread based on my attempts to apply Db's SLA method. Would love any comments and feedback you care to offer. Thanks

I was going to post a chart in DB's thread and then decided that I'll start my own thread with my attempt to apply SLA to intraday charts. Db just posted this 15m chart so I thought I'd start with that. (green dots are long entries, red dots are short entries, black dots are exits) If I had...

That's helpful, thanks. I can see what you mean when you say that actual observation of real price movement is necessary to really sense the balance (as opposed to just looking at static, after-the-fact charts. I'm gonna do some replays and see if I can start developing this ability. Would it...

Db, I read your TL thread and the phrase, "...just flow with the major shifts between demand and supply" really hit home for me. I'm not sure what your plan is for this thread but if you have time, would you mind giving us newbies a summary of how to best monitor the shifts between demand and...

Good point about being so close to the end of the session. I meant to add "ignoring the time of day and just looking at the price action". I'm old and getting forgetful these days! One other thing I've always wondered about. You often remind us how price is continuous and that any particular...

Hi DB, Thanks for starting another SLA thread. I've been trying to piece together the prior threads the best I can but with so many of the images missing it's tough. I did study the PDF and have a basic idea of the method. My understanding is that when price broke the down trendline, the...

Niko, I sent you a PM when you get a minute. Thanks

I see what you're saying but it seems like if you're willing to allow an event on a 1m chart override what you saw on the 1 hr chart then why bother thinking about the 1 hr chart at all? I've never been able to decide if having a "bias" based on higher timeframe context is helpful or not...

DB, absolutely OUTSTANDING contributions here (as usual). A couple of quick questions if I may. In the example you just posted, you mentioned that the mkt had been trading in a range for about 12 hours. Then, just before the open, the mkt broke out of that range to the upside and formed...