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Thanks to all who posted about the discrepancy in price. I am going to continue on the grounds that , trendlines and TCs are guides to price behavior, they aren't written in stone. My trading decisions are based on supply and demand and context , my thinking is a couple of points shouldn't make...

Buyers refuse to surrender, but we are at a critical juncture with price making a HH on the 60 min. First the daily chart price has rallied above the mean of the channel and is now bumping against resistance , if buyers can lift price above the SL its possible the highs at 40 will be challenged...

Price is still below the mean of the daily TC however it doesn't seem to have made up its mind if it wants to go up or down. price closing above 73 will be bullish as a close below 3640 will lead me to look to the downside. On the 60 min chart, I am not sure if the channel is "correct" I...

This is the quote I was referring to The above experience of sliding to the side in my trading because of a conceptual error reminds me of one of my favorite quotes from Redneck: "See.., that’s just it.., and what many don’t get – this business isn't like any other.., where one can...

kp thanks for your post. There are so many levels to this at least for me. I feel like I'm at a point where I know enough to blow myself up lol. In my case its not the knowledge its the discipline and behavior, and I'm not there yet. To answer your question no I'm not trading live, this...

well it would appear SLA has won the day , at least so far. T he breaking of the SL on the 60 min lead to price trading up to 3673, and has traded in a range from 3652-3672 . 1. long oppt right after the open . 2. I took the long after the RET at 9:36 but exited much to soon, there was no...

Good morning , Looking at the daily chart price, has dropped from the top of the TC and is now trading below the mean, I would watch for a drop to the lower TC at 3555 + -. On the 60 min cart I have redrawn the TC to better fit price to the mean, this chart reflects that change. If drawn...

After the large drop yesterday price has sat on the lower trend channel on the 60 min chart and the mean of the daily chart. Price is going to do one of three things. 1. trade back up toward 3740 -62 the highs on the daily and top of the channel 2. trade up to 3680, the mean of the 60...

Yes I agree, I feel like I am only now getting to the point where I am "teachable" in the sense of being aware of what is happening. If that makes any sense, I am going to watch price tomorrow and over the weekend go back to my plan and do some tweaking. Thanks for your comments.

Well it was a good day for both trading and learning. Price did break down from the top of the channel, in fact it dropped all the way to the bottom of the channel at 3643. I would like to say I sold a large part of that but I didn't. In the last few days, I feel I made a lot of progress...

Breaking the 3661 lows on the daily chart might influence a few more traders to sell. Price looks to be forming a DT at the top of a TC on the 60 min chart. Breaking the LSL at 3708.75 and price may trade down to the mean at 3687?. Price trading above 3721-22 will face resistance at 3726...

I appreciate your insisting on struggling traders to observe both the tick chart and the tick on the 1 minute bar. Finally starting to understand and see price as continuous. When I started seeing price as continuous the PA itself was easier to follow. Not where I want to be but the veil is...

Today was a good trading day, at least for learning. Had to fan the SL/DL lines a few times. Am getting better at seeing PA as continuous, the tick chart was starting to give me a seizure, so I switched to a 15 sec chart , just a little one in the corner of the screen. I am trying to primarily...

I've often wondered why some people seem to get this so easily, and others (myself) seem to struggle. Something Hooti had posted in his journal written by RN and I am paraphrasing " this business isn't like any other where you could work harder and be successful, you have to do the right things...

If I've drawn the channels correctly it looks like price is dropping towards the mean at 3650 + -. the 60 min chart would seem to support that 3650 is going to be important today again if the channels are correct.

Thank you for a good post Hooti, got my attention in a big way. I thought this past weekend I had turned a corner and reading this I realize I have a lot of work to do , more on myself than any other area. paying attention to the things I know work.

Yes I appreciate your posting a chart at the end of the day, and I'm sure many others too.

Thank you for clearing this up Db .

hey game I was wondering what your exit criteria is? It seems if you got out on a SL/DL break it might improve your results , like I said just curious. I am trying to define a scratching protocol myself , am finding out its true exits are harder than entries. Good trading

I think this is a big one Niko, how many times have we heard Db say price is a movie not a slideshow. Maybe we'll both learn to wait for those extremes lol I speak only of myself when I say, I think I make this harder than it has to be. Good trading