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tradewhatuc sat on a bar tradewhatuc was a great star all the trading masters and all the trading men couldn't put tradewhatuc's bar together again Gringo

We all go at our own pace. Now that you have started to identify line breaks and retracements keep an eye out for being in a trading range or close to S/R. 1) SL/DL breaks + RET 2) S/R 3) TR Used for entry: 1 @ 2, 1 = YES (aggressively) @ 3, 1 = No (caution/give room/stay in if...

You are looking and SL and DL to make decisions right now. As your understanding of this increases then you can start incorporating this subtle thinking of price really not breaking DL or SL with strength but just breaking it with sideways movement in time. This will take some screen time but...

Today was a bit of a punch in the gut for you. Gringo

Now a closer look at QQQ daily. Price is heading straight up. Our friendly neighbourhood demand line is standing there on guard. Gringo

Q's are approaching the upper channel. The fact that price is approaching or even if it crosses the channel doesn't mean an imminent drop. It does mean however, to stay alert to changing conditions, and not overly pushing for long positions. Bigger view of what has happened in the last...

Huyang, Your lingo is using too much of the word 'bar'. This word is a harbinger of some trouble in the future. A few questions for you. What's the difference between the below: 1. Price going below the LSL (last swing low) and rising above it a second before the bar closes. 2...

Gold breached the supply line and the downward sloping trend line. This shows there's some kind of a possibility of something exciting happening or not. Price has gone up and started to retrace. If a rise comes here then getting in on the long side wouldn't be too bad. If the retracement...

Compare your DL with mine. You have a new DL from almost every breach. I didn't do that. I used the same point of origin but used the new swing low to have this new DL. What you're doing may not be wrong actually. Gringo

I have glanced at what you have posted and how you have drawn the lines and I must say it's much much better. Keep it up. Do you feel your understanding of when a decision needs to be made getting better. Even though you're not always right the reasons for getting out at a loss or a profit...

MadeMan, This thread is about a certain way of trading: The straight line way. The questions that are not related to the topic of this thread get less of a preference than those directly related to it. Those who start drifting away from the topic at times get ignored. Despite all that...

If you have replay then attempt to draw lines in real time. This Friday, the price action wasn't without twists. Gringo

The advantage compared to golf, martial arts, wrestling, soccer, and all other competitive competitions is CHOICE. The choice to disengage when the opposition is playing well. No one else can do that. The tennis player cannot say I am taking a break and just abort a potentially losing game...

Even if you pick a wrong direction you'll be out with 1.5 points or less. Keep doing it and eventually you'll get that large move that just keeps on going. Db, is remarkable with what he does and gives price room to maneuver but you can exit faster if there's fear involved. The whole point is...

I have screen shots of the day till 1100. I am going through them and thinking about every step. Soon I'll try to start posting them. We're still operation on the purely s/d lines here. I have found it to be the most amazing way to learn how price actually moves. No S/R lines, problems with...

Is it a question, a plea, or a scream? If alligators got wings, they still would have trouble flying. Gringo

This is the current situation:

Here's the chart. This shows the short but where is the short exiting? I have shown the location where the short might exit. Is the short exited even before that black dot? Edit: Thank you Db. I am feeling normal again :)

I made a mistake in not paying attention to what I was looking at. When I re-read it couldn't get my head around what I was saying. I'll re-post soon. Edit: Agree with long on 11 after SL break, RET, and up move. Edit2: Where is the short exiting? Isn't the short exiting first and then...

I'm getting confused here. Isn't RET when/if price starts rising up from here and not before? Price is at 3210.