Recent content by yossy

So are we saying that it is the 1st line/correct context which starts/determines it all? And even an almost 100% ret of the upmove is therefore not seen as a new downmove but a ret in an uptrend.

Gringo's chart. What I asked the other day relates to this. What is the min that it takes for the 1st DL to come up. The way I see it is that none of DLs that I see are the same as Gringo's. Why this difference? Even if the 1st 2 DLs are ignored given that the SL is hardly broken, the 3rd...

Increasing demand broken. A swing low. But failure to reach a higher high. Trading range.

Gringo, but nothing is done unless there is a retracement. Right? What confuses me is this. If, price moves down and a Demand Line breaks, and then a retracement takes place and price moves up, is it a short at the end of retracement, i.e., at the crest? But if the upmove results in a new...

Can't delete my post, can I? Just read the remaining posts.

Db, I have a question related to your following exchange with Niko. Db: what would the fearful do from 1010 on? Niko: The fearful would have exited at the LH and short, perhaps at 10.75, that one would have been a 1 point loser. Db: And where and when do you see a retracement that would...

C99. I think I may have the charts on home PC. Will check and post.

Thanks for your reply Db.

Db, When retracements are spoken off, in cases where these are less than 50% of the preceding swing, the likelihood of trend continuing is taken to be higher than when the retracement retraces almost the entire preceding move. This is inferred to be resulting from the strength of the trend in...

Db, Somewhere on TL you mention that InterDay Trend may not be too relevant to IntraDay trade, unless there are levels where you may find S/R. Otherwise you just find S/R as you go with swing H/L, congestion etc. But here, you are starting with InterDay trend and then using that to primarily...

Thanks Db. I think I am getting what you are saying. Thanks for reading and replying.

Db, I may have missed it somewhere in the posts, but is there any additional filter besides breaking of SL for arriving at a conjecture that a Reversal may have happened. Whatever I have read from books generally speak about expecting continuation and not reversals and you speak about the same...

If I may so ask, would you share why you think you are ending with negative Net. As you mentioned, maybe one needs to wait. Maybe, a break of the Demand Line may not mean a reversal until a LL or LH is formed. Maybe as even Db says somewhere that a break of a TL is only an indication of a...

What do the blue dots signify? Exits?

Thanks for your reply. My question was that you took a long at 8.38 while Db takes a long at 8.35 so naturally identification of a retracement and by implication, an uptrend, is different. Similarly, Db sees a long at 8.59, so possibly the move from 8.50 to 8.59 is being identified as an...