Recent content by trip

So the original rules are a bit fuzzy? Or perhaps you're not following them. I'm just sayin'... :p

Hm. Are you trolling? You're stating things you can't possibly know anything about. For the record, I did study "the material" (you say I didn't) and I had a very clear idea on what the SLA was even before I joined the once active "SLA chat" or started my now defunct journal. I was fully...

:( I'm sorry but I think you have me mixed up with someone else. Both your statements are wrong.

:confused: I did read and study the material. What gave you the impression that I didn't?

Several people are still working at it. Some are here, some are elsewhere and some do it in private (like me).

The rules are fuzzy which makes following them difficult. At a first glance they are very simple and clear. When one tries to apply them, things become blurry because of "context". Sometimes one is to take every retrace after a supply or demand line break and sometimes one should not but...

Are these numbers gross or net? If they're gross they don't say much. Would you also include the number of trades for the day? That'd make these figures more interesting.

What's your definition of "small profits"?

That was a tongue-in-cheek answer from me with the gist that if you look hard and long enough you can come up with whatever reason for 57 being a "level". Or as I suggested, look at pre-market for an easier explanation (one that might be wrong, of course). Sorry for trying to be funny. I don't...

If you look back far enough you'll always find some answer that'll fit the question. The question is: is it relevant? 57-ish is the MP "point of control" from 27th March and a composite peak from the day before that (in MP lingo also the limit at value area low). Price has since banged through...

You introduced "mean reversion" in your post so maybe I should have asked for clarification and not just assume you mean what I mean. To me it is the tendency of price to return to an average or mean that reflects the perceived true value of an asset. Price will only be there for a while and...

I know the importance of understanding AMT ( because you tell us it is important and as I can see it in hindsight). But still - and sorry if this is a stupid question: Did today highlight the importance of understanding mean reversion because today price oscillated round the pre-market mean...

Only I was really sleeping at the time :p .

Would it be fair to say that price continues to do (or not do) what it did (or did not) at that specific level? A picture of traders behavior. With other words, if few trades did take place at a level "before", then few trades may take place once the level is visited again (shown as a quick...

The above image shows part of a composite market profile chart (left) and a 5m time bar chart (right). The composite peaks (green) and valleys (red) were overloaded on the 5m chart before market open. I then ran a replay for the session (it's from last Thursday) as shown above. The day session...