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  1. dbphoenix

    The Foresight Thread

    Your trading plan for the session isn't hindsight if it was formulated before the session began. If it was formulated before the session began and these important levels were not taken into account, I suggest you take them into consideration for tomorrow.
  2. dbphoenix

    The Foresight Thread

    You mapped halfway levels. What was your trading plan for the day with regard to those levels?
  3. dbphoenix

    The Foresight Thread

    Do you plan your trades in advance?
  4. dbphoenix

    The Foresight Thread

    The thesis that 80 was/would be important.
  5. dbphoenix

    The Foresight Thread

    No need to think that much. 80+/- was the postulated halfway level of the advance. When price plunged through it so hard and so fast, that confirmed the thesis. Ditto 72. This is what Auction Market Theory is all about, and how one profits from an understanding of it. That the "experienced"...
  6. dbphoenix

    The Trouble With Scribbles

    What happened to the 4484 short with a stop at 4524? You can't go long if you're still short.
  7. dbphoenix

    The Foresight Thread

    The 1310 bar that dropped 10pts in one minute, through 80. And where did we reverse? 72.
  8. dbphoenix

    The Foresight Thread

    Did you see how price behaved as it dropped through 80? This tells you that traders consider that level to be important. Or at least the traders who move money.
  9. dbphoenix

    Does Probability exist?

    The probability that traders will behave one way vs another. Which is the basis for behavioral economics and thereby behavioral finance, nearly all of which stems from Charles Mackay and Gustave Le Bon.
  10. dbphoenix

    The Foresight Thread

    Pretty much, except that if you begin at the beginning, at about 58, the halfway level is lowered a bit.
  11. dbphoenix

    The Foresight Thread

    You're trying to predict where price will go rather than just follow it as far as it's willing to take you. This trade has been discussed since last week. Anyone who missed it hasn't been studying.
  12. dbphoenix

    Does Probability exist?

    The market isn't an engineering schematic; it's a behavioral model. Has been for millennia.
  13. dbphoenix

    Does Probability exist?

    "How other people are today" is reflected in what buyers are willing to pay and sellers are willing to accept. As to what that means, one must look at context, or structure, or architecture, i.e., how the auction market functions. "lol"
  14. dbphoenix

    Does Probability exist?

    If you're limiting your definition of "data" to numbers, then you are missing out on a great deal.
  15. dbphoenix

    Does Probability exist?

    No, just about traders trading. Behavior. That is, after all, the purpose of an auction market: to facilitate trade.
  16. dbphoenix

    Does Probability exist?

    I don't know that it's undiscovered, though you may be right. Probably more the belief that the lessons of centuries no longer matter.
  17. dbphoenix

    The Foresight Thread

    My emphasizing entering on retracements wasn't accidental :)
  18. dbphoenix

    Does Probability exist?

    Depends on whether one is looking at numbers or behavior. If the latter, there is nothing that has not happened before. Charles Mackay can tell you all about it.
  19. dbphoenix

    What is a Libertarian?

    Particularly in the P&R Forum.
  20. dbphoenix

    The Foresight Thread

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