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humble, this may or may not be of any help or interest. You probably know that E&M is based on Schabacker's work (Edwards was Schabacker's brother-in-law and continued his work after Schabacker's death). Schabacker's work also includes a number of elements that originated with Wyckoff...

Funny thing about that. When one is surrounded by pricks, one is far more likely to behave like a prick than if he is surrounded by grown-ups who know how to conduct grown-up exchanges. The powers-that-be at ET have never understood this, and even those who strive like hell to maintain the high...

Personally, yes. The charts he posts are neutral in that their intention is only to show how to plot S/R, not how to trade the price action. I trade breakouts and reversals, but one could also trade retracements. First, however, one has to plot the S/R correctly. In this case, price had...

http://www.trade2win.com/boards/attachment.php?attachmentid=21197 http://www.trade2win.com/boards/attachment.php?attachmentid=21205 http://www.trade2win.com/boards/attachment.php?attachmentid=21208 These are copied from dbphoenix's thread on t2w. They may be of interest. Or not. One...

S/R is forever . . . :)

If you're interested in larger moves, you may want to look at a thread which dbphoenix began at t2w: http://www.trade2win.com/boards/showthread.php?t=20336

Easy answer is to head for Eric Berne's website (the originator of TA): http://www.ericberne.com/ Essentially, transactional analysis addresses the transactions between and among people and how the participants get what they want from those transactions. "Games" and game theory are a large...

You may be interested in a thread that dbphoenix has started at t2w: http://www.trade2win.com/boards/showthread.php?t=20336 Simple S/R is also useful since the tests and swing points are visible to everybody.

I agree with coolweb: whoever taught you PV analysis didn't know what he was talking about. Suggest you start with the thread below. There is also an entire forum devoted to PV at T2W.com. http://www.elitetrader.com/vb/showthread.php?s=&threadid=29005

Which is what S/R is all about. And which is what so many people miss. Yes, one can plot S/R in advance, and should. But then he has to pay close attention to what happens there when price approaches, crosses, recoils. If nothing happens, then it's not S/R. If something does, what? where? for...

Correct, and not an unlikely situation at all. Unless the probabilities for success in either a breakout or reversal are on the trader's side, then the trader can easily end up with as many stopouts as successful trades. Therefore, he has to be accurate with regard to the S/R levels he...

"Many occasions" and "other times" aren't going to be of much help. Perhaps your S/R levels aren't what you think they are or expect them to be. Suggest you post a chart which illustrates the problem you see.

If you maintain your datafeed for both contracts, you'll get clues as to why price behaves as it does.

This may or may not be of interest, but these little Ss and Rs at or near the open can offer good opportunities for scalping. In this case, the long in the ES would be 65.75 +/-. The same pattern showed in the NQ. A similar pattern showed yesterday in both, though those also incorporated the PDC.

Technically, the changeover is next week, but the new contract is available for trading tomorrow. You can trade either, but for this you'd want whatever has the most volume. You may want to track both with your platform to see where the volume is. As for S/R, you may want to look to the...

I use one-tick charts for both the NQ and ES. Edit: In case I'm misunderstanding your question, I use the one-tick chart to fine-tune the entry. The charts I use to plot S/R use volume bars.

You think you'll be able to reach BE with all that congestion between 59 and 61?

Shorted 1609.5 just after the open for a sharp drop. Two so-so trades after that. Didn't play the afternoon, though if this keeps up, I may have to make a point of coming back for 1400 (EST).

An NQ chart for tomorrow, in case anyone else is trading it.

Hey, if I really were on a roll, I'd've taken the drop below 10. Not greedy enough :)