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Price is stuck in a TR between 45 and 62. The propensity of price to not get slapped down is indicating demand to not be backing off. This could mean more upside unless price starts behaving weakly. The DL is broken but not decisively. It's broken more in time than in terms of price movement...

A pianist can't just use the notes he's comfortable with. A trader has the choice to not engage until and unless the conditions are met. He also has the choice to exit if he thinks things are not looking up. The total lack of structure in trading is it's biggest challenge, and also the biggest...

This question isn't about the chop, but is about having an edge.

No selling is possible without the consent and active participation of a buyer. Selling does involve an exchange of one good for another. This in effect is not selling but rather free sharing for information. Some may choose as free individuals to try it and others may find it to be outright...

There is no secret. This is one man's rule. Others may prefer some other criteria for stopping out. Maybe a statistical measure or volatility measure or something else. Those looking at price alone must make decisions based on price behaviour. Please define what "and move on" means. One person...

Everyone equals not everyone.

The Message Profound wisdom distilled down For mere mortals so they won’t drown 'Tis simple, but not easy Drawing line without feeling queasy What's this magical concoction? Explaining markets as an auction! There’re few who see the light; A rupture of pure delight! While others who twist'n...

NQ around 60 is my potential S/R. Until then I wait. The S/R and the more recent downward sloping smaller TC are both converging around 60. Gringo

KP, There are worlds beyond one star And many a test beyond one scar Waste not life on a fruitless battle Focus the mind to win the war Gringo p.s. How many others have written quatrains for you before? I must have cared somewhat to devote precious moments of my life sending you a sweet...

One day, Schultz positioned Julio on a chair in a dimly lit room and turned on a computer monitor. Julio’s job was to touch a lever whenever colored shapes—small yellow spirals, red squiggles, blue lines—appeared on the screen. If Julio touched the lever when a shape appeared, a drop of...

How another (Db) sees the behavior. For later comparison. Trend vs. SL/DL.

Both the above books are available for free at Amazon and/or Gutenberg.

Only if people would learn to take their own advice.

I don't trade in the middle and this is to show with some coherence as to how one might make a decision beforehand. Not that the beforehand and foresight analysis dispelled any concerns in the past! It's more for those intra-day gunslingers. Edit: 1:53pm: Demand hasn't shown up with...

4408 might be getting ready to give a long entry. One has to see if demand asserts itself here or gives up again. Reassert would mean the probabilities for up increasing.

I have posted real time trades in my journal but not here. There's only so much one can do with the posting. Maybe I'll try to add a link here next time I attempt something.

Losing zero still beats losing more than zero. I must add though that compared to most other Scribbler haters I at least respect your posting the trades. Whatever the case may be, at least you're not running away.