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  1. L

    SCTlearning from scratch

    Don't assign this logic to all cases. There are often bars that contain two OOE's of their fractal. This includes FTT and P2. See attachment. Regarding 'fbo': Laterals aren't the only thing that can decelerate channels; if the next sequence doesn't begin then we have to conclude our current...
  2. L

    SCTlearning from scratch

    Man, sometimes it just amazes me how the market constantly runs like clockwork. You could almost call it beautiful. Third leg of today's channel just taking off.
  3. L

    New Gold and Silver Journal

    Interesting perspective. Thanks for taking the time to share your thoughts; you've given me a few things to ponder. Either way, I think we both agree that it seems plausible that Gold could turn over into a long-term uptrend relatively soon. It will be a learning experience to see how things...
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    New Gold and Silver Journal

    I looked at a big picture chart of Gold earlier today after I saw it being discussed briefly in another thread. At first glance it doesn't look like there is a large amount of down-side to current longs imminent, but I know if I was a big player, I would be taking note to myself that Gold is...
  5. L

    Stocks Analysis Using Price Action

    Haha, don't take it for Gospel. I just drew a rough sketch of a possible reality I could see playing out; and I'll be very interested to compare my projection to an actual chart six months from now, and learn a few things.
  6. L

    Stocks Analysis Using Price Action

    It will definitely be interesting to see how this area plays out over time, but I wouldn't be quite as eager as you are to buy so soon. I think it might take a little longer than this for such a macro-trend to roll over into long-term appreciation once again. I think it will probably be the...
  7. L

    Trading NQ via Price Action

    You've had several individuals try to get the point that RN is trying to make across to you, and from the looks of your reply to him it seems like it's gone over your head once again. You obviously can't see it, but it appears that multiple outsiders have perceived the same impression from...
  8. L

    Trading NQ via Price Action

    Well, here. Consider the following: Trade 1: The position is profitable immediately upon being opened. Price moves five points in a single direction with only 2-3 ticks of adverse excursion from the extreme at any point in time. It's closed right when the opportunity begins to diminish...
  9. L

    Trading NQ via Price Action

    I think you're making a mistake by judging the quality of trades by favorable ticks; you seemed to make the same assumption when I posted a few of mine earlier. Blotto didn't show you his size.
  10. L

    Trading NQ via Price Action

    First Trade Example: I had a strong bias that since the RTL of my previous up-trend was broken on a convincing run of accelerating volume, the market would open with a segment upward that was less severe than the downward rally at the previous close. The first change from long to short after...
  11. L

    Trading NQ via Price Action

    Preamble: I think it is a good idea to use adjacent bar intervals in order to help yourself get a better picture of what is happening in the market. I find your discussion interesting, and I hope it will not be an imposition to use a post in your thread to indulge the desire that occasionally...
  12. L

    Making of a method

    Haha, fair enough. It is refreshing to see you with a spring in your step. Best wishes.
  13. L

    Making of a method

    I am very encouraged and quite happy for you that all of your hard work seems to be paying off, my friend. I think one of the best things is that just about your entire journey has been publicized in your journal, which has turned into a great source of content from many different parties as...
  14. L

    I am glad you found some value to my posts back then. If you keep reading, you will come across...

    I am glad you found some value to my posts back then. If you keep reading, you will come across the divergence in thought that eventually led me to part ways with DB's method and the participating group. I do have the first page or two of the Son thread saved though, and I can send you that if...
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    Making of a method

    If such is true, it would be much more likely that my recent post invalidates whatever you're referring to, not vice versa. Edit - I think it's probable that your perceived invalidation is a communication breakdown between the two of us. I can't think of any contrary developments in my...
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    Making of a method

    Something you should have tested and defined a long time ago. The market sends out the same group of extremely accurate change signals day in and day out. Only the context differs. The first arrow I drew is called a PP6. Take 50 charts and find all of the PP6's. Use hindsight to discover...
  17. L

    Practicing Stan Weinstein's Method

    Consider that it is possible to know that the sentiment of this stock changed far before it came anywhere near your stop. If I read the chart from left to right, it tells me to short on 5/13 mid-day, and cover it on 6/2.
  18. L

    SCTlearning from scratch

    First Traverse up. Currently headed towards FTT and change to short sentiment on this fractal. Possibilities: 1. FBO of traverse / fanning for more laterals and additional long leg. 2. BO through RTL after FTT into down-traverse. 3. VE of the current traverse on high volume.
  19. L

    SCTlearning from scratch

    Well, this was a rather lackadaisical morning. We open with a long lateral, and a sub-fractal trend completes ending with an upside BO that gives us our traverse P2. Either we see some recession on decreasing volume as P3 forms, or there is a small chance of BM REV and an improved P2. -- @...
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    SCTlearning from scratch

    Well, this was a pretty interesting morning. We have a fairly wide traverse being carried over from the wake of the FOMC. The first traverse of the day might have just ended, we have an ftt turn in place but currently there is a lateral pushing the accelerated rtl as we speak. We could see an...
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