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Here is the same zone marked by the vertical lines on my next higher time frame, the 1500 tick

Here is a congestion zone on the NQ on the 21st

An MA cross in a lower tf can be simply a garden variety pull back in a higher. I need to see the momentum and PA dynamics in all three to determine whether I treat it as a reversal or a continuation. There is of course nothing fail safe but I it gives me a definitive signal one way or the...

...also, while others don't care to use them, I find MA's and an oscillator useful in differentiating between continuation vs reversal.

There is structure, support and resistance elements which serve similar purpose as pullback entries. Price action is fractal, I employ 3 different time frames to get wide angle, medium and closeup looks at PA. What appears to be random noise can be a fairly clean structure on a higher tf, thus...

There is usually order in congestion, it's just not as easy to identify. A clean and orderly pullback may or not work as any would any setup.

He'd be pushing 90 if he is.

I don't caught up too much in identifying "trends". I prefer to think of my trades as momentum impulse signals although my methodology is based on "trend pullback". Congestion is simply another form of corrective action as is the more obvious and clean pullback. I have signals which I enter in...

If I were Al, I would be more concerned about an Emmett Moore endorsement.

One mans signal is another mans noise.

Someone could be a profitable trader and a lousy communicator or worse, communicate deceptively. Someone could be non-profitable trader and communicate valuable ideas and strategies very well. As traders, we have to be able to distinguish signal from noise, the same dynamic holds true for...

nodoji was whom I confused dbphoenix Xela

I trade strictly from charts. It takes time, often a lot of time for the fog to lift and being able to see through the noise. The amount of time will differ as to the individual and his or her efforts.

ironchef, at least you are coming to the realization that you've been listening to a lot of nonsense. Your time would be better spent in study and observation and testing ideas based on the aforementioned.

A small group of us had a ventrilo chat room. We would all both post charts and setups but also email back and forth charts and ideas...trading mostly the old ER. Al and I would also talk about other common interests like track and field and NCAA football, his daughters, tennis etc..

Xela, when I made that comment about dbphoenix weeks ago, I must have been thinking of someone else. I pay little attention to others trading threads.

I traded with Al before he became a public figure and have little doubt of his ability to trade profitably but whether he or anybody is or isn't bears little correlation as to our own prospects for success. You will not trade like him or anybody else, you will trade in your own unique fashion...

Had a discussion with Al when he was finishing the first book about whether to go with a major publisher or a smaller house. One of the trade off's being on one hand visibility, credibility and marketing clout. On the other hand a smaller house can more enthusiastic about it's readiness and...

I've done a fair amount of forward testing on Ninja with various strategies on both the ES and the NQ and found their simulation algorithms to be pretty realistic.

Actually 6 1/4 but thin enough. Standard issue Summer stuff, couple decent days and a couple snoozers. Just have to wait for your setups, don't force.