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  1. dbphoenix

    Ghost of If You Can Draw A Straight Line

    Yes, even though I re-introduced the box in the SLA-AMT pdf, I went into boxes several years ago, but they never really clicked. If you've looked at Appendix E, you'll note I mention the "line in the sand". Those were clear yesterday and today and are every bit as useful as the box as far as...
  2. dbphoenix

    Ghost of If You Can Draw A Straight Line

    You're welcome to start one in the WF at TL. I'm still a moderator there.
  3. dbphoenix

    NQ Price Action Journal

    Too much mess. Clarity. Plot a daily chart with the trend channel mean.
  4. dbphoenix

    Another Straight Line Analysis Journal

    A minor tweak: "we can watch for [a lack of sellers below] 27 . . .". As for 490, who knows? Will sellers find friends down there? Or will they have to accept what buyers are willing to pay at that lower level? Sellers want high prices. Buyers want low prices.
  5. dbphoenix

    Is day trading worth it?

    Failing to take the foresight trade is a matter of accountability. What is more important is that it was made and that it was successful. So-called "real-time calls" on message boards are little different from Three Card Monte. Again, those who read this will know whether or not they know where...
  6. dbphoenix

    Is day trading worth it?

    So that would be a "no". The object of the question, of course, is not to shine a light on those who know vs those who don't. Those who don't know know that they don't know. The more important question is why not? Because if one doesn't know, then he isn't prepared. And if he isn't prepared...
  7. dbphoenix

    Is day trading worth it?

    Keyword being "real time" as opposed to foresight. What are the lines in the sand today for the ES and the NQ? Do you know? If not, why not?
  8. dbphoenix

    Is day trading worth it?

    So much pffft from people who don't know how to trade in foresight. Why is that, do you suppose?
  9. dbphoenix

    Is day trading worth it?

    I'm too famous as it is. That's why I turned down Kim for that Vogue cover.
  10. dbphoenix

    Revisiting Acrary

    Wouldn't make any difference whether they did or not. If the backtest is done by computer, the trader generally finds when he begins trading it for real that the results are very different from what he expected. Even if by some rare chance they aren't, the system has to be changed whenever the...
  11. dbphoenix

    Ghost of If You Can Draw A Straight Line

    One of the best rules anybody can learn about investing is to do nothing, absolutely nothing, unless there is something to do. Most people always have to be playing; they always have to be doing something. They can't just sit there and wait for something new to develop. I wait until there is...
  12. dbphoenix

    NQ Price Action Journal

    Trades don't take place in a vacuum. You will likely find that the context is a larger determinant than you think.
  13. dbphoenix

    NQ Price Action Journal

    Did you keep records of where all these trades are taking place?
  14. dbphoenix

    Ghost of If You Can Draw A Straight Line

    ET doesn't allow anything that large. The pdf can be found here.
  15. dbphoenix

    Ghost of If You Can Draw A Straight Line

    A good example of the different functions of trendlines and demand/supply lines:
  16. dbphoenix

    Another Straight Line Analysis Journal

    Those ships have likely sailed. The professionals have already sold, so I suggest you stick with AMT. That doesn't mean laser-like focus that excludes everything else, but the aircraft carrier has the right-of-way regardless of how many dinghys are in the water.
  17. dbphoenix

    Section 7

    Sometimes we all miss the obvious. That's the chief advantage of working in a group. At least one whose members can read maps. :)
  18. dbphoenix

    Why easy is difficult

    Apparently so. Look at Al Brooks :)
  19. dbphoenix

    Section 7

    Correct. But if they occupy any space at all in your universe, use a LH and a HL to trigger an alert in your head somewhere so that you become aware of any potential hinges, whether you want to avoid them or trade them.
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