Recent content by tradewhatuc

Thanks DB lots of good advice, I took this: What is far more important is an observation phase during which you just watch price without any thought of where to enter or exit or what "setup" you might develop that will provide you with an entree into trading. If you spend insufficient...

I have read your stuff on other posts with enjoyment. You have a knack for getting to the essence- describing it back on a deep level with few words, That is a rare and admirable gift! Thanks RN

Not sure if you are complementing my chart or insulting it! LOL Either way I do like the poem! It is as vague and confusing as the PA after bar 8 to 9 :D

In replay, but once bar 8 formed until bar 9, I could not get a sense of how to read who was on control; sellers or buyers

Am I drawing a straight line correctly? I need some feedback on drawing S/D lines (please see chart) Attached is a chart of todays action 10/21/13: the chart is in MST so to keep it simple I have numbered the bars I am wondering about The little blue vertical line on the bottom shows...

The the mean of the range is acting like a line in the sand. You would look for either sellers to stop selling and price heading up towards the supply line, or they keep selling and price goes to the demand line

Cool. From this could I infer that S/D lines from a larger timeframe could be trend lines on a smaller timeframe?

Heroic has the right idea, though even his purple line is too far from price. These lines have to hug price or else they are of little value. There should be another line beginning at 0600 (0800) on 10/10 and tracking price up to the high at 1300 (1500). Plot that and you're closer to being...

If I am reading this right, does this mean the dotted lines are S/D and the solid lines are trend on this chart ? http://www.elitetrader.com/vb/attachment.php?s=&postid=3844514

Hi Db, not sure if this is on message of this thread, but I needed to zoom out to get a sense of the above quote. *All of this is in hindsight of course! It seems traders were focused on the daily price mid line as price bounced off of it on 10-10-13...

I tried to attach a chart to this post, hopefully it takes!

In the meantime look for another supply/ demand line?