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on not-springboard 3/25/1931

On reading Wyckoff analysis 1930-31 In Wyckoff analysis 1930 to 31, he talked about springboard twice, 12/29/1930 and 7/6/1931, after climax and near the ending of secondary reaction. On 3/25/1931, except 2leg secondary reaction instead of one leg secondary reaction after distribution top...

Madman: I donot think i understand your elaboration well, and look forward to read your chart. To save your time, please explain the reasoning for one springboard in your chart. Thank you very much.

Jack Hershey: Would you please help to point me to the link or links on definition of channel? Thank you very much for your time and kind help.

MadeMan: Could you please explain why you think the market is on the spring board in your second chart? i feel your springboard is different from springboard in the following chart with notes from Wyckoff. Prob i am thinking in a shallow level. Thank you very much. http://i.imgur.com/2HnIwqh.jpg

Gringo: It seems that likely accumulation is going on to test 22 and it may go down again before going up but i am new to price and vol thing, so likely my understanding is incorrect. weekly: http://i.imgur.com/1y5ibLT.jpg daily: http://i.imgur.com/JuDOvdg.jpg llIHeroic: i was...

Attached is today's trading log since i put all those trades details in TOS chart. To be clear, i put links for charts of todays' trades (pdf has charts of contexts): NQ trades: http://i.imgur.com/bKbK5Zl.jpg ES trades: http://i.imgur.com/ogTuxMr.jpg

I like the following very much, from the thread page 67 Son of if you can draw a straight line: In Lao Tzu's Dao De Ching, his philosophy in both life and government prefers inactivity, non-coerciveness and self-lessness. These attitudes will naturally align oneself with the path of least...

llIHeroic: The chart showed how i draw a channel. Hope somebody could point out if i draw it incorrectly. Thanks.

Gringo: Another difference observed at swing top. Thank you for your advice. One friend mentioned it to me many times but i always refuse to really try it until now. I really need to follow line of least resistance but not the opposite, not only in price move also in choosing trading market.

Fortydraws: May you please point to the link related to the book in the above you called "its not the journey it's the path"? I found the link to other books in the above except this one. Thanks a lot.

Gringo: Thank you very much for your kind words and advice. I believe what you said. My plan is: (1) I have watched ES for one year and will continue to observe it for several days and refine my trading plan and then will start sim-trading ES for 15 days. The objective is to consistently...

Today I observed ES and did some reading. You may find the following informative on "having to modify one's approach according to traders' zigs and zags rather than glue oneself to mechanical trade-by-number"...

DB: I found the following link is very helpful, to share with others. May you please point to other specific links most relevant to turning point trading? It is not urgent. Thank you. Info on how to trade climax: particularly chart for ES 2008_4_21...

About ENTRY at the turning point of NQ 9/30 by DB: Note also that the drop to 90 is also a test of the 0830 swing low. If one has tunnel vision, these movements are far more likely to shake him out of an otherwise legitimate trade. In Wyckoff terms, you have preliminary support...

About entry with the best price, smallest winning probability, scary feeling on ES 10/1/2013 (initial chart in previous post on page 6): Context: 60m chart--- http://i.imgur.com/Omx1HJt.jpg Possible future move: 15 chat --- http://i.imgur.com/x7yRvtz.jpg Timing entry: 1m chart ---...

Wyckoff: By learning to judge all sizes of market waves, you will gradually learn to spot the time when a rising market or a rally, and the time when a declining market or a reaction, has halted and is about to reverse. These are the turning points. You draw from the tape or from your charts...

DB: Would you please point to the link about W's contributions on trading extremes? Would you please elaborate how you would trade extreme or point to the link if you have talked about it before? Thank you very much.

Comparison between two entries. Correction: similar price but not same price.

Schizo: I said best price and did not say best entry, so did not mean the most ideal places for entry; context is the key for this kind of entry (today's context is very good for this entry). In Wyckoff's paper, he did say best entry. At best price entry, stop would be 1t below open low or...