Search results

I am intrigued by the notion of Sector Analysis used in accordance with watching the price action of relevant stocks, although I am close to completely inexperienced with the concept. I will be interested in observing the correlation if you continue with the process. --- Just wanted to...

This one looked a little interesting. Edit - Just spotted a typo. Purple text should read that demand has formed, not supply.

Channel Midpoint

How much of the three threads on this method have you read? I ask because the things you are saying are valid, but they have already been thoroughly covered within the discussion of this method and you speak like you are introducing a new concept. The basis of this entire method is the...

Hmm, I can't see how volume alone could indicate that. As far as I can get is that it might indicate the increased chance for a reversal. Activity lulls and it's almost like another decision has to be made, continue or reverse. As the dominant sentiment becomes clearer to an increasing amount...

New territory for me, but I'll go out on a limb here. Perhaps it indicates less traders are comfortable with the current direction price is headed in? There is either a lower consensus that price is currently a representation of fair value, or on the other hand less traders can perceive any...

Take a look at the first page of the thread.

Since you've addressed this to DB, it is totally up to him to answer you, but your question clearly demonstrates a lack of effort on your part to review the material. Even if I answered your question, I fail to see how that would help you if you're not going to do the hard work of studying and...

Ah, missed the train today on the first ride down. I even had it in my notes that heavy resistance should be expected at 88 from the Hourly Supply Line. Seems like a no brainer that such a heavy rejection of buyers upside BO attempt out the range would turn into a down-move. We've seen it...

Okay, thanks for the input. This discussion has been helpful. This chart is quite old, and my lines are a lot more accurate presently. It's difficult to say, but I think I would probably long at 99 given the chance if I were presented with the same situation real time with my present...

Actually, since they don't occur that often, here is the last time I can remember doing it. Lately, I would've kept waiting once price passed back through the blue demand line, just like I passed on #2 in my sketch after it broke the red supply line. Do you guys notice any common cues for...

Thanks for the feedback guys. Gringo, I see what you're saying, although I think every single one of us isn't on the same page with which entries we're talking about. I went ahead and numbered them. We've ruled out #1 by drawing in the demand line, but you're definitely right that in order...

You are very close to the mark. However, merely a failure to surpass the previous high, and passing through the previous low will lead to premature entries often times. You have the right conceptual idea of waiting until the balance of power has clearly shifted in the favor of the sellers...

10-30-13 NQ Open: The Trend: Strong up-trend for the past few weeks. Demand is beginning to level out but buyers still have the strength to keep making new highs. Where we are: Buyers make an honest attempt to break out of the 60-90 trading range overnight and form a new high. The...

Ugh, was feeling a little lazy after the work with WTI but I still wanted to get this one out as a sort of counter-part opportunity. It's definitely on the other side of the price vs. information risk spectrum, which I am much more comfortable with. See chart for details.

Here is a longer term prospect with WTI. The beginnings of a potential long-term up-move began about two months ago, and price has just kept looking stronger and stronger. The conditions for direct entry aren't exactly ideal at the moment, depending on how picky you want to be, but if...

Gringo, Nice to see a new thread of yours! I had an enjoyable, and informative time looking at Silver with you a couple times several weeks ago. I'm not too focused on stocks either for the time being, but I'll put my [limited] skills to use and produce a few charts every week, to try...

I am excited for the renewal of this discussion. It is almost like the process of forming a diamond, where high heat and pressure force carbon bonds to re-arrange themselves into a highly efficient and valuable structure. In the spirit of the thread, I will re-double my efforts to continue...

Great discussion as always, guys. Thank you for continuing to contribute to the thread even though so often it seems to turn into constant re-iterations of material which has been covered already. I read the introductory material of the thread again today, and each time I go back and read...

I still feel fairly inexperienced in understanding how price usually behaves during and after a hinge. As we can see from my chart, I was definitely hesitant to trade in the aftermath of the hinge during the open, because I didn't feel confident that I understood what was happening. I was...