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Yes, I do need to clarify this. (Actually knew it did not read right when I wrote it, but was in a hurry.) PA is based on price movement and how price reacts at points of interest. After considering said movement and reactions a situation may have what a particular trader considers enough...

LF Every PA trade is based on some expectation. No one is going to take the time to take eyes off screen long enough to post a potential trade, that, in my case I may cancel at any time before it gets filled. Think about what you are saying. Why should someone sacrifice their trading...

LF Prediction: A prediction (Latin præ-, "before," and dicere, "to say") or forecast is a statement about the way things will happen in the future, often but not always based on experience or knowledge. The key word above is "will". No one using PA correctly says what "will"...

Nice trade Yertle!

DB did not say he went short at 8:58. I took the same trade for a long. The other shoe dropped later. Please correct me DB if I am off base here.

2. What is an "air pocket"?

No offense taken at all, thanks DB, I'll keep at it. Read Wycoff years ago, aparently not well enough. Pinhole leak in plumbing in kitchen ceiling to deal with now. Oh joy!

Ok, let me go real slow so I stay with it. Are not my first 2 lows connected?

Thanks RN, I thought that was what I did: "If this overall move (TF you’re analyzing) is up – start at the bottom of the TF and draw your first TL (iow connect the lows) If the overall move (TF you’re analyzing) is down – start at the top of the TF and draw your first TL (iow...

Thanks DB. I am struggling here.. In your chart the first 3 points were connected for a channel, similarly to my last post. What am I missing?

Attached is what I believe is a way of drawing a channel that many endorse. Transgressions, test, returns, etc. may offer some insight when testing against the initial channel. I see good and bad with it.

Thanks, will do.

DB, Do you see any validity in this channel which might suggest we may be at a possible turning point? What do you see that supports or does not support it at this point. Thanks in advance, BMW

One thing that I have learned from DB is the importance of the midrange of hinges. This is, as we all saw, the midpoint of Thur overnight hinge and the Fri bugle midpoint as they carried through Friday's action. At least that is the way I am seeing it.

Interesting how that 78 area was like a magnet attracting price back to it.

DB, Am I correct that the possible reversal we see now happening between support at 60 and resistance at 70 would be a kind of no mans land trade that would be higher risk?

My eval of today, starting with the daily, then hourly then minute.

This is what I see. Last nights high and the bugle.

that 86 was last nights high.