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Midpoint of May to July range?

My goal now is what I'll call insane, sharp, intensely focused price research centered around behaviors;the behavior of every reversal and the behavior of every retracement after a breakout of some sort or after a change in stride as well as the general up and down movements in price. What type...

Hmm good questions. Honestly I think it was improper focus. I felt as if I was focused but focusing more on the left side of the chart as opposed to the right side. How price bounced around just wasn't what I was looking at. I knew it ticked up, down, and at different rates, but how the...

Oh and P.S. thanks for all of your help along the way directly and indirectly.

In terms of where I am...I am in observation/study mode but this time around (even from the time a month or so ago) the time spent observing is completely different. My chart is 100% clean no lines at all, no art projects connecting swing points all while doing that taking my eye off of price...

Using this journal for now just to post my thoughts and for those interested to comment, pick them apart, and just discuss. This is in no particular order. I. Behavior Pace of the ticker *accelerations, decelerations, pauses, dead stops and the grouping of the changes/shifts in how the...

What made you take your first long?

From what I've been observing there is a definite flow to price movement. I'd say combining the changes in flow/behavior, w a bit of the mechanical SLA (although that doesn't have to be mechanical) and adding in AMT are the beginnings to a well devised plan.

Something else that helped was basically ignoring the bar as a whole. When a wave of buying or selling is set and price begins to move in the opposite direction I focus on the activity of the ticker alone in relation to the high point, halfway, and low point of the previous wave basically using...

I hope this helps you out it def did for me. I speed up the replay for two weeks then once I went back to regular speed everything started to make sense. Another thing that helped was just using the lines, swings, and half way points as nothing more than reference points to compare the behavior...

Did some more observation today w my new thought process and it was great. Something else that I was thinking about after observing was in terms of entering the market. I think one to a certain extent has to disassociate themselves from the price at which they entered. With regards to this...

Amazing. It makes perfect sense.

It all hit me last night and while I thought I had observed enough to go into creating a trading plan I think I will go back to observing for a little longer with more of this newly found thought process. I'll tell you how I go to this point. What I did was watched replays at 4x the...

Just posting this because I think I have had an aha moment and I wanted to put it to paper to read later and see if it still makes sense in my head lol. DB has said that "bars" don't matter, the lines are in the traders head, etc etc (paraphrasing obv). I think I get it now. None of these...

For what its worth I have stopped drawing the lines and just visualize them in my head which actually in turn has helped me to stay focused on price. It has eliminated the "hope" that the line will hold. If price bounces hard and is about to break the line that would have been drawn that means...

Thanks DB. Question. Any links, resources, or info you can provide in terms of back testing? Is it just a matter of going back in time and going day by day?

That's a good point to consider. I'd still wait for one of the exits I've listed anyway even if at the opposite end of the range as S or R only is S or R when the behaviors at those levels says so. But I think that's something to add. Where are the exit criteria happening. Thanks Niko

Went through around few weeks of observation and I am ready to devise my trading plan. From observing I feel the "plan" almost needs to be called more of a method as opposed to a hard fast plan. Learning more of how to read price or the balance/imbalance of supply and demand has lead me to...

Good stuff Niko. I have come to learn also that the beginning of these moves tend to happen (from what I've been observing) based around AMT at least moves that are really worth my while.

Yes. I have stopped trading or trying to trade. I am doing replays until i have something concrete. I don't care how long it takes anymore. I am very goal oriented and tend to want to accomplish things as quickly as possible and usually i do pretty well accomplishing my goals rather quickly...