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Gringo, I think we are on the same page here. The drastic drop in volume over this last runup may be an overture the the longs about to start taking profits. FWIW. I don' use indicators, but did notice the the OBV has finally shown a divergence on the daily chart.

I am sorry BigHog is no longer with us. Every loss of a friend, relative or mild acquaintance is like a slap in the face, that makes me put the things in life back into a more proper perspective.

KP, I have not read that rule from ND. I guess I missed some of her posts. Do you mean that after a break of a down trendline to the upside, that price then falls back through the trendline, but does not exceed the previous low?

Been away for a while. Glad to see you are still at it and doing well Slugar. Keep it up!

G. Your evaluations are right on. Just the facts as they are. Thank you.

I think I understand what you are saying. So when you speak of fearfulness or less fearfulness, it is all in the non-rational arena, where some degree of fear is influencing the trade rather than pure rational observation and reaction to price. Thanks for there response.

Ah, and so enter the forementioned variables. So are you saying you support staying in a trade until the 50% retracement has been violated, nevermind that it may cost you 10 points or more? Thanks for the response.

Fearful......less fearful? When I read the fearful/less fearful scenarios for exiting a trade, I find myself asking "So if a fearful exit at the slightest line break will result in smaller profits, will being less fearful result in more or will the larger losses on trades negate the larger...

Friday post mortum: I am becoming more aware of the midpoint of ranges and it really does add a bit of clarity when you see price respond to a mp after departing from a range. Price was left at an interesting place on Friday.

I've been really working hard getting my mind totally wrapped around AMT and mean reversion as the basic inner workings of a market. It seems that it is not uncommon for an assumed profitable trader to espouse the use an "anchor" chart of a larger timeframe than the "entry" chart in their...

SLA is kickin ass this morning!

Speaking of sugar..... It looks like on the daily there has been a pullback to a support area, a break in the supply line and today starting a ret. Some will surely be trailing with a buy stop. FWIW.

Do a little research GG. "Wyckoff implemented his methods in the financial markets, and grew his account such that he eventually owned nine and a half acres and a mansion next door to the General Motors' Industrialist, Alfred Sloan Estate, in Great Neck, New York (Hamptons). As Wyckoff...

Oh, ok. I was reading it incorrectly. And yes english is my first language. :)

DB, I have noticed something that may be insignificant, but perhaps you could clarify for me. On page 15 of the last document you posted, is the following: 2. When price takes off in one direction or the other, wait for a retracement. 3. Enter on that retracement, a few ticks above the...

These type threads and all the negative responses they seem to elicit used to get me a bit flustered. Now, to borrow a view from DB, I see many of these negative posters as very damaged traders. From what I can tell, they are failed traders for the most part. Failed usually...

Your trading the 60 min. now? !

It is a gem! Thank you!

I'm sure Lazie Farie will not be able to resist a response to that. :)

Having a bit of trouble finding the "Zen" thread. Do you have a link or which category it is located in? Thanks, b