Search results

  1. Gringo

    Have you used dbphoenix's teachings to become a successful trader?

    Seriously? I can accept there can be a few differences but generally a plan's a plan. It tells one precisely what to do after a few check marks have been ticked. Price moves up and down in various ways but a bounce around support is a bounce around support. There aren't two ways about it...
  2. Gringo

    House of If You Can Draw A Straight Line

    Market is at a location where I might get an entry. Time to stay alert. I have been waiting patiently.
  3. Gringo

    House of If You Can Draw A Straight Line

    Time to wake up for me!
  4. Gringo

    Gold, Silver, and Indexes Using Price Action

    Sitting on razor's edge. In case demand doesn't show up I'll have to exit this position. Position started going underwater from the start and usually it's a sign that things aren't working out well. Gave price enough room due to support showing up around these levels time and again but the lower...
  5. Gringo

    Stocks Analysis Using Price Action

    GOOGL is at the 50% and seems lethargic. I am not trading it but gives the impression of weakness coming back in. Gringo
  6. Gringo

    Gold, Silver, and Indexes Using Price Action

    I have made an entry on the long side. This time I have chosen GDXJ. These are Junior Gold Miners and are showing more strength than Gold miners (GDX) themselves and Gold (GLD). Below the last swing low around 25.70 I am not likely to stay long. The exit is mainly based on price behavior...
  7. Gringo

    Obama’s ‘Complete Abdication’ of the Law

    The problem isn't the republicans on the democrats. The problem is democracy itself. When 51% dictate to the other 49% that isn't freedom. Tough Read due to heavy logic: Democracy: The God that Failed, by Hans-Hermann Hoppe Easy Read: Beyond Democracy: Why Democracy Does Not Lead to...
  8. Gringo

    Have you used dbphoenix's teachings to become a successful trader?

    Do you believe future is certain? This is a probabilistic assessment at best. I seriously think the way Db or I think about markets or prices is diametrically different from how you think about them. I seriously was shocked to hear that statement. It could be just a different in how we perceive...
  9. Gringo

    Observations (an example)

    Db doesn't use P&F. It was mainly to summarize the info in the past when computer wasn't available. Now we can stretch the chart and data any way we want. Gringo (Db's PR manager)
  10. Gringo

    Gold, Silver, and Indexes Using Price Action

    After quite some time I am going to have a look at gold. Gold, as far as I can tell is giving mixed signals. The drop during the retracement has been a bit fast and that has put a bit of doubt in my mind as to the viability of solid demand. So we are at a location where it's possible for price...
  11. Gringo

    Have you used dbphoenix's teachings to become a successful trader?

    If SLA doesn't work for you then stop using it. It's supposed to be a crutch anyways. What you seem to be doing is trying to become Db or 40D which isn't helping. Do you have enough funds available that a 2 point loss is too big for your psyche? We all have our quirks and only you can determine...
  12. Gringo

    Have you used dbphoenix's teachings to become a successful trader?

    I didn't take those crazy entries you are mentioning when I traded the intra-day for training. I prefer a bit of price risk over information risk. I only used 1 min and nothing smaller. Even if you have two or three 2 point losses don't you get that 20-30 point run eventually? This is EXACTLY...
  13. Gringo

    House of If You Can Draw A Straight Line

    I might have posted it there in the volume threat. Can't recall now.
  14. Gringo

    House of If You Can Draw A Straight Line

    I wrote this stuff a few years ago focusing on volume. Price isn't as nicely analyzed as I now see some hindsight bias. So, don't kill me for making errors here. Nonetheless, it sheds another light onto a recent market bottom. Note: If I recall correctly, even though the analysis may have...
  15. Gringo

    House of If You Can Draw A Straight Line

    That's the wonderful thing about opinion and trading. One can have all kinds of opinions yet the trading signals keep one's head straight. Markets do take time to change stride and so far upward mobility has been the norm. Price is consistently heading up. What I do wonder is the possibility...
  16. Gringo

    House of If You Can Draw A Straight Line

    My buddy's buddy does that rig thing. Gets to travel across the world for work. Mud business.
  17. Gringo

    House of If You Can Draw A Straight Line

    That beats my record with Db by a lot! Gringo
  18. Gringo

    House of If You Can Draw A Straight Line

    Back at the apex.
  19. Gringo

    House of If You Can Draw A Straight Line

    Holmes would be proud of you Emini.
Back
Top