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I'm lost. I don't trade NQ, so somebody help me out. At 8:58 NQ was about 3216. Then it went up to 3221 and down to 3203. If you went short at 3216 that would be a max profit of 13 points which is 52 ticks. I don't see a reason to short at 8:58 either except price retraced about 1/2...

Nice post. Wish I could write that well.

Sometimes the best stop runs or whatever you want to call them occur with a large amount of volume trapping a large amount of traders. I would say they are more common when price isn't trending strongly. If there is a strong trend then just go with it. Trends work. I definitely "do not"...

I'm not so sure about, "This shit really ain't that hard...", but I don't have a final conclusion yet. The market isn't out to get anybody, but it pays to watch & make a bet when it looks like a bunch of traders are about to experience a nice juicy stop run. It seems like no matter what...

The obvious is that whoever started the other thread, "Why is the Obvious Not So Obvious?" was paid to post on this site to generate some activity, because no matter what anyone said there was never a correct answer. (Now if someone wants to prove me wrong & send me the answer to the question I...

To create your own example: Watch a chart until you see a perfect setup..................one that you have 100% confidence in & one that you feel completely comfortable taking. Make sure your stop order is far enough away that it won't get hit by noise. Make sure technical analysis...

Good question. I have absolutely no idea which one is the correct one to follow (if there is such a thing as a correct one). I would say start with the line it's hitting right now & see how it reacts. Then if it gets past that see how it reacts to the next line. Right now price...

DBPhoenix, you have a ton of experience writing & trying to teach people. Do you see very many people succeed at trading with what you teach? I just wonder because I've read your posts & understood them & see the value in what you're saying, but if I try to do what you teach in real time it...

I trade using the DOM to place orders, but why should I care if it shows only 5 levels or 10 levels or 20 levels? Would a person trade differently if the DOM showed 20 levels instead of only 5? It's all faked & manipulated now; it would probably be more manipulated the more that was shown...

Hello Dbphoenix. I read part of that journal you mentioned & some of your other writings. You are extremely knowledgeable & an excellent writer. Have you ever stated anywhere who the heck you are in real life? I always read a bunch of garbage & questionable stuff on the internet, then...

I know it happens all the time; I was just curious why it happens. It doesn't seem like a professional institution would just dump in a huge order with 2 minutes to go until close. That doesn't seem very professional. Doesn't seem like there would be a ton of amateurs all exiting at the...

Anyone know what causes price spikes like the one today in oil at the end of the trading session? It went up about 70 ticks in 2 minutes. If it's a huge buy order why would a company place an order all at once like that? I could see it being a vacuum due to a lack of sellers since it...

Do you have a target to get out? Where should I put my stop?

Thanks for the articles. Do you find those all summarized on one site, or on various sites?

Why wouldn't AHG work? It was just trading with the trend & trying to get the best entry price possible, always managing the trade to make the best use of risk, reward, probability. That's about it. If anyone tried following somebody else's method like a robot though then I believe they...

How do you know if somebody was banned from this site? I don't see it listed anywhere.

Where did Xspurt go?

I've never understood this about some of the traders on this site. If you aren't mentally tough enough to handle goofballs on a public forum how on earth can you be mentally tough enough to be a good trader? You're as much a problem as they are if you let them get to you. Either don't...

Thank you. How do you visualize or construct the cycles?

1. How many trades does your rookie execute per day on average? 2. Do you think he is different from an "average" rookie in some way? An "average" rookie, if left to trade without you standing over him, would screw things up in no time from what I've seen. Lack of patience, cutting gains...