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Price will trade back and forth across many lines, or points. That's what the auction market is all about. But unless you're scalping, all that is irrelevant. The trade was when price failed to hold 20 back on the 18th. After that, it was just a matter of holding until it reached the mean, as it...

You said seven words or less. If you want details, see the Wyckoff Forum at TL.

Trade the imbalances between demand and supply. (7)

Yes, it's incorrect. Your trend channel is drawn incorrectly, so whatever mean there might be is useless for trading. A reversion to a mean isn't going to do you any good unless you're looking at the same price movements -- and their means -- as professionals, such as the channel I drew in the...

Wyckoff predates that and he's a lot simpler, though I wouldn't consider even him to be "antiquity". Homma, maybe.

Sounds like several years ago when people were arguing about who was the better American. Now it's who's the better Republican (or TeaPartier or Libertarian or Christian or whatever). Fun to watch.

I disagree. He ought to work his way through jem's posts. There are only a few thousand or so.

Antiquity!?! Jesus Christ! Bring me my walker . . .

No point in being afraid to die since none of us has a choice. But I do think it's a shame that we've fucked this up so badly.

This abortion opponent wants to execute women who have abortions How strange it is that at the very moment when the left is routing the right in the culture war, the battle over abortion seems more polarized than ever. On one side, supporters of abortion rights increasingly (and...

:rolleyes:

So why didn't you just entitle the thread "Donchian channel breakouts are the simplest strategy" and take it from there?

You don't have to be a scientist to see that; it's just common sense. As for having a dog in the fight, we all do in one way or another, unfortunately. Profits from fossil fuels aren't going to do one any good when he's dead.

In "more general ways", perhaps. But it has nothing to do with the article. I underestimated the capacity to find conspiracies everywhere. But it's posted, so there it is.

Tourists from around the world are drawn to a stretch of palm-fringed shoreline known as “Seven Mile Beach,” a crescent of white sand along the turquoise waters of Jamaica’s western coast. But the sands are slipping away and Jamaicans fear the beach, someday, will need a new nickname. Each...

No, they actually knew what they were doing. Jem, on the other hand . . .

You can't be serious :D

Actually we're up to three people now who understand the point of it. Guess you won't make four.

And this solves the border/immigrant/ebola/et al problem you keep whining about?

I'm not surprised given your other posts that you don't understand the point of the article. Hint: it's not about how government has to make the choices.