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Stay in the long position. Continue to observe. -- I feel like I had a tiny moment of understanding. This is the second time you've asked what we do when price makes a higher high and we are long. Initially, I didn't even think to ask myself questions like this since a higher high...

Another demand line down, but still not seeing any convincing evidence of serious selling pressure gaining on the buyers. Our initial demand line [purple] from the first swing high about 3198 and it's minor RET is currently being tested, and the line which can be drawn from before the open...

Yes, specifically my current thought process regarding the last chart of the series in which the steeper demand line of the two has just been broken.

I apologize, but you've lost me here. I don't understand what you are trying to say. --- To clarify my own post, if the use of my term mid-point is what gave you pause, I was merely referring to mid-point as the 50% mark of the up-move which can be monitored as a general rule of thumb for...

Ah, this discussion about orders has cleared up my confusion. Thank you for the clarification. Forgive my ignorance, but I have one final question on the matter. Is there a slight spread that is generally placed between the stop and the limit price in order to get more regular fills? I...

Oh, my mistake. I was working off this definition: Definition of 'Buy Stop Order' An order to buy a security which is entered at a price above the current offering price. It is triggered when the market price touches or goes through the buy stop price. Perhaps there is a difference in...

Well, to give an honest answer, I oscillate between being too quick on the draw and succumbing to analysis paralysis when I am trying to look for theoretical entries. If I place myself in this situation, I would feel some pressure to do something like place a buy stop above 3196 to catch the...

Okay, I will try my best. Well, in the past I would make the mistake of assigning way too much importance to the more recent movement of price that I can see, which in this case could look like a down-move with a RET at about 50% which is starting to lose steam. Having more time to mull over...

Where in this chart has 3192 offered any sort of resistance [?] -- I am also interested in people's thoughts about niko's question. I feel like I am making a stab in the dark, but perhaps it's relevance comes from the fact that it accurately represents both of the opposing forces acting...

I still need to observe price for a [long] while to feel any degree of confidence in my understanding of its movements, but I made an attempt for a review of Friday Morning.

Wow, so I feel like these last few pages of discussion have finally caused a giant light-bulb to go off in my head. I have been feeling confused as to why I can't quite "get" the essence of this method. I still don't quite know why I wasn't understanding something so simple, and it seems to be...

I am unsure where you are drawing this conclusion from, as I have never said or implied anything of the sort. By no means do I intend to come across as abrupt or impolite, but are you going somewhere relevant with this query?

Thank you for responding to me. Let me see if I am understanding your instruction correctly. I will disregard volume since it does not pertain to this discussion or the thread. I have been trying to incorporate it due to references in the Wyckoff material and in the readings at TL, but...

As long as you're both on the topic, I could use some clarity on this subject as well. Do you wait until the 1m bar you are intending a potential entry on to be fully formed in order to place a stop above/below them, or do you place the stops while the bar is still active? Also, I still seem...

DB and Huyang, Thank you both for taking the time to respond to my inquiries, although I feel undeserving of the effort you've put forth to re-iterate the information that I have an incorrect perception of, even though it is readily available in the introduction of the thread. I am...

Gringo and DB, Thank you for taking the time to point out the errors I have in my understanding. I am very grateful for the time and effort that you both take to explain and expand upon the concepts in this discussion. I will take your advice and fade the boundaries from my mind after...

Well, things have been relatively quiet with Silver. Much more exciting to see most of the major US indicies pressure the bottom of their channels. It is still difficult for me to draw out a solid hypothesis on what the next decent size move of Silver could look like, but I am attempting to...

Gringo, Thank you for the welcome, and for taking the time to develop your thoughts further. I can understand now the reasoning behind your assertions with greater clarity. I would like to refine the balance by which I emphasize the information that I am receiving from various time...

Ugh, I've been waiting to begin participating in this discussion for weeks, but there was an error with my account activation, followed by a mis-communication with the ET support that prolonged the delay even further. Anyway, it is resolved now, which is fortunate. I look forward to...