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IMO it was an extremely basic day, not much analysis to be had, at least on that bar interval. I'd be wary of over-analyzing it. For me it was a pretty simple two-legged day, initial change in sentiment was gradual and then picked up pace into EOD.

Full-time? Couldn't say from experience. But my personal plan has mirrored what a few others have said; to transition when working any other job seems completely absurd. I opened the thread after glossing over the title and initially thought the question was when to go consistently live, and...

Look after the losers and the winners will look after themselves. @J_Smith , this statement of yours really resonated with me. I think it is a concise gem packing a lot of wisdom. I strongly believe the value of detachment is very important in trading. If an individual cares too much about...

Wanted to share my 2c. I think you're asking some good questions. I second the necessity of proper context. A breakout is a nice, simple criteria for an entry. You could say that all every single one of my entries triggered by a BO of some form, at least on a small enough level. But which...

My vote goes toward discipline. Perhaps I'd even go so far as to say a form of humility, in the sense that the individual is able and willing to accept objective reality despite their desires and personal bias. I'm sure there are a lot of cases where someone is in the right place at the right...

Agree completely. Technical Analysis doesn't consist of any single indicator or data point. Technical Analysis is the science of using empirical market data; successive price range per interval of time, volume per interval of time, etc, or indicators, all of which are derived from the former...

Mike, I think your thread is fantastic. Thanks for taking the time to share a detailed explanation of a strategy you use to the community. Wish this site had a lot more quality content like what you've done here. Wish you the best going into 2016!

@Maverick74 Hey, just wanted to let you know I thought your posts here were really good. It's refreshing to see an occasional dose of realism presented amidst the chatter here, about a broader perspective of the market, who participates in it, and the reasons why. I've enjoyed a lot of your...

The basis of my trading method is an obscure branch of technical analysis. TA in the sense that instead of trying to predict future market movements or relying on public opinion to bend to fundamental conditions; the goal is to react successfully to other market participants and their actions...

Forgive the excessive length. I only post here once in a blue moon these days so there's a lot of thoughts to get out when the mood strikes. If I were to give someone advice who is just starting out studying the market, regardless of the instrument or type of security, it would be to begin...

Bnnf, I think you're on the right track based off your comments. We continually monitor the market and adjust/update our annotations bar by bar as more data comes in. After certain points we're able to lock in certain annotations; such as if we have a bar-to-bar tape that ftt's and it's RTL is...

I appreciate the effort you've put into communicating your thought process. Take a look at some of these notes. You've really got to dig into the details and build things from the ground up; bar-to-bar taping creates FC's, FC's build larger fractals, etc. Gaussians follow a continuous pattern...

Here are a few basic corrections. I've already spoken to you about fixing up your bar-to-bar annotations, and there has been discussion earlier in the thread how to start with bar-to-bar trend-lines and build them properly from there. Also, see recent post #252. We don't have random gaussians...

I've tried to give an outline of basic annotation principles along with enough framework for people who want to practice and refine this paradigm of technical analysis to begin to do so. Once you get past a certain point, I feel that more and more of this stuff becomes self-correcting. A few...

Bleh, okay.. where to begin? This is a very complex trend. I can't answer your questions properly either because there are still a few problems with your ability to annotate without accidentally dropping fractals over time. So, let's try to address that. Firstly though, there's something...

@kut2k2 I am definitely one of the traders that connects with the metaphor of managing a trade like driving a car. I do agree though that some entries are more optimal regarding the capture of a specific movement. My reason for stating that an entry isn't the end-all is because what happens...

Yes, I am aware that you are averse to homework. You're continually asking and/or challenging other traders on this board for something that you're just not going to get, instead of pursuing what they are going to, and have given you. There's a number of individuals who've spent some time and...

I don't often try to have a dialogue with individuals that come across like you do. You talk so much, and you think so much, that your ability to listen and contemplate suffers. Your current thought patterns won't lend themselves easily to successful trading, as we've already seen. Whenever I...

I gave my two cents in the last thread about DB, and I just happened upon this one while checking ET, so I will reiterate. DB was the first of several people who were very instrumental in my continuing development as a trader. I've moved away from a lot of the specifics of his "methods", and...

Those couple of days have some excellent content to study; I'm not surprised that you have a few fuzzy patches around that area. We get some really good examples of the fact that [exempting Pace Accel] we need three equal sub-fractal trends in order to build the slower fractal. It's very...