Recent content by r3algood

Db, I believe it would be helpful for all if you would create a video of you going through the SLA process in real time. It could be as simple as you talking over a screenshare video of your live trading or replay of a chosen day. I think this would help those who have the general idea of...

I believe that many are trying to make this more complicated than it really is. I put forth that even if one forget about means, ranges, trend channels, etc, and simply use straight SLA for entries and exits one can and will be profitable. Everything else is simply icing on the cake, icing...

Here is the 36.75 short.

SLA paying dividends today, a few small scratches, one loser, and then caught the current short at 36.75 based on 1m SLA demand line break and retracement with entry below v retracement.

Bigger picture for today (4hr and 1hr): Approaching supply line of down sloping trend channel, a few opportunities may present themselves. 1. Supply overwhelms demand as the market approaches the supply line and we head lower towards the mean of the TC. In this case I would be looking for...

Regarding Thursday's (4/17) session, one bigger picture (if a 5m chart can be called 'bigger picture') that kept me focused on measuring the differences between supply and demand was the trend channel I identified before the session started (the green TC lines). As the session progressed, I was...

Where we are now this morning (see attached image) My pre-session evaluation is that we have found support at the TC mean and may look to test the top of TC, or at least work our way north over the course of the session. My alternate scenario is a ranging day around the TC mean. I look...

Is there a pdf of your thoughts on channel means and how price reacts to them? I feel like there was a pdf of something relating to channel means, but I can't find anything using EliteTrader's search feature. Thanks from your radio listeners!

Agreed, that is the level I consider the battle line too. I would exit a long (if I had a long) and look to initiate a short on a retest trigger. I've been following the "If You Can Draw" threads since the "Son" thread and I just wanted to thank everyone for their contributions. Each post...

Fantastic post Hero. Goes to show that once a trader can fully utilize price action, one has an edge that will never go away.

Balance and Imbalance Can we discuss the idea of balance and imbalance? Let me start with my idea of the concept: Let's begin with the mental image of a strongly trending upwards market, with multiple retracements and continuations, all the while respecting an initial demand line. This...

"Therefore, supply and demand -- and the retracements that enable one to enter a trade -- will be the focus of this thread. No breakouts, no reversals, no hinges, no S&R, no trendlines and trend channels: all of that can be discussed in either of the preceding two threads." In line with the...

NQ respecting the demand lines like crazy today. Great trading

How can we best contribute to the discussion DB? Is it by posting our interpretations and markups of the charts, or by asking questions on concepts we do not understand or don't quite get yet?

Drawing my demand lines and letting price decide. Dotted line is one I had to erase and redraw, red line is 50% for that little leg up. (Is this chart too big?)