Search results

You quoted a comment directed at Hershey not DBP. DBP isn't selling anything. Why not have a look at his methodology and attack that? No one has actually discredited the methodology but enjoy kicking the method maker around for sport. Two posts and you already know who is the real deal and...

You are in and out a lot more than I am but it seems to be working for you.

Are the blue dots exits?

There was a thread on it here: http://www.trade2win.com/boards/educational-resources/54572-larry-levin-secrets-traders-33.html#post1473756 There are a lot of glowing reviews from 1 post members if that tells you anything.

One thing I neglected to mention - if you look at the hourly chart I've posted everyone else seems to be using the point marked in the grey oval as their swing high for drawing their channel and I'm not sure why?

It won't be accurate if you retake it as the time factor will be thrown and its important. I got 141 although I doubt a 20 question IQ test has a lot of accuracy.

Quick update this morning. Not much has changed on the hourly. Price has been slowly moving higher. We are approaching both the mean of the small up channel and potential overhead resistance. On the minute chart we can see price is at the mid point of the hinge from yesterday with already...

I think your probably right that it's too much at this point. Once SLA becomes a little more fluid I can start worrying more about AMT. If you do decide to expand your newest pdf further it is definitely AMT that I'm not fully in tune with. The SLA part is coming along well and I'm getting...

I saw that one too but I thought it might be overkill. Everything is being well respected so its hard not to draw them. I even drew a new down sloping one on the hourly which assumes that today's high is a swing high and that median line is showing some good interaction with price. I've...

I'm still not great exiting trades quickly. A lot of this is because I'm not proficient with the software yet. I'm trying to follow the rules its just when I see the line break it seems like I'm losing an extra point before I actually get out of the position. Not a huge deal but something I...

That made me laugh thanks. You do need a hobby or maybe some higher education?

You could say the same thing about poker players - 90% lose. However there is no correlation between higher education and success at poker (or trading). If I had to wager I would guess that a lot of the retail traders who fail have similar characteristics. They likely don't have a trading...

I can't figure out how to do this. I'm assuming there is a visual way to show filled orders. Does anyone know how this can be done?

Looks like buyers have the upper hand. The median of the small blue channel acted as support after sellers temporarily took control. We'll see if buyers can challenge today's high.

I thought I had already posted Friday's charts so this is going to be a little out of order. I've included my hourly view. We can see that price has poked above the most recent supply line (drawn as channel). Price still hasn't made a higher high and doesn't look poised to. Beneath us we...

Anyone cooking beans from scratch - add a couple of bay leaves. It makes them more digestible and therefore less gassy. I also think rinsing helps but I don't always do it. Also - nobody has mentioned it but eating cultured foods is great for your digestion. I'm a fan of kimchi.

You know how well active funds perform against the indexes right? These students are learning "industry standards". The industry standard for funds is to under perform the market. Why would you want to pay a lot of money to learn the techniques that fail fund managers again and again? You...

sorry guys - I was mirroring another thread and using the same rhetoric but applying it toward Wyckoff (rather than DBP). I thought the "I would have trolled his mailing list so hard" line would have made it clear but it didn't. I didn't actually know the details of his success so I did...

I call BS. I doubt this guy ever even traded. He probably made all his money selling this information by mail and was a blow up artist like all the other failed gurus of his day. Where are his trading statements and verified tax returns? How will I know if his system works without this? He...

I was reading section 7 again of W's course and am amazed by some of his trade placements. Particularly a short he takes on June 27th when price is closing on its high (page 23 first full paragraph if you don't have it memorized yet). He is basically selling at the exact top. I think i...