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Hmmm. I'm going to have to chew on that one for awhile. Another one of those things where I kind of understand that, but I definitely don't own it. How does one apply this knowledge to the observation phase? When prices are dropping buyers are essentially in control because they are waiting...

Sounds good. My first sentence is what I see then.

I suppose you could call it a battle within that 4 point range or so however in the nearest term sellers are moving the price down toward the lower end of the range. Are you asking what our play would be as well or just what we are seeing?

Funny you say that I've read the "important" sections again two weekends ago and I've retained and learned much more this time around then the first two times i've gone through it. Almost like the first two times if someone gave me a written test I could get an A on the test, but if I had to...

So DB, who was your teacher or how did you learn to trade this way?

So according to my crazy marked up chart if we are around 2700 in the morning and we get a short op, one could take that op with more confidence? Also, if we do get that op to go short around 2700 what could/should one expect via AMT? A drop to 2660ish, 40, 00? If we break 2700 and continue up...

Two things from today and yesterday. One is well I guess somewhat of an old adage that the trades that work, work right away. I've seen this numerous times now with the retracement entry. We get a push in one direction, then a retracement and the trades that work we get another push before...

Clearing my head As an observation update: What i've been trying to focus on is trying to detect the turning points in price with more proficiency. What i've been noticing is that certain "patterns" in the behavior of price repeat themselves, but the bars at times can sort of disguise them if...

Anyone ever try flipping a chart counter clockwise?

Present day I've made much improvements. I think I understand "the flow" now I am just trying to put all of the information together into a plan. I am not going to lie sometimes I feel like just winging it and go with that flow. Trying to devise a plan I've always struggled with...

chart I found from about a year ago. Thought it was interesting to check out.

I gotta get in this chat lol. Stupid work haha. Here's a question how do you not miss the initial move??? From what I've been noticing price rejections often lead to real nice moves in the other direction.

I was certainly locked into that one. Previously I would have been wow look at that thing go now what do I do. Good stuff as always DB.

My goodness my typing has been awful lately. I have to proofread more.

Yes. I recall you staying that on the other site.

Two things. 1. Why no short at around 10:50? Because we are near 50% of the previous up move from 9:50-10:22? 2. I find that when price moves a great distance in one direction without a retracement where a 1 min bar prints "within" another 1 min bar (sorry to talk in bars, I see now there...

I have always been intrigued by the T&S and sort of the mystique of being a "tape reader" ala Wyckoff and Livermore. I don't think though that Wyckoff and Livermore saw as many transactions going through that the modern day time and sales window shows. I'd assume there was more of a time...

Churning?

Hey DB, when if at all could/should volume be incorporated? Or could volume sort of be assumed based on the activity or inactivity of the ticker? If the ticker is moving as slow as molasses could one assume volume is decreasing. I say this bc for shits and giggles I threw volume onto my chart...

I agree Niko. The fear comes from not knowing or being unsure of what is going on. I'm sure you can use other experiences in life where at first you may have had some fears or anxieties but with time those diminished. I believe they diminish from a gain in confidence and successful...