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  1. dbphoenix

    Ghost of If You Can Draw A Straight Line

    Green was being facetious :)
  2. dbphoenix

    Ghost of If You Can Draw A Straight Line

    I want to repeat this because it's going to be important: POKER RULE#39: When you take your emotions out of the game, other players' emotions become visible. When we are focused exclusively on our own emotions (as we often are), the emotion of others tend to be obscured. When we make...
  3. dbphoenix

    Ghost of If You Can Draw A Straight Line

    No, this is fine. This thread is more flexible than the others since it's assumed that those who went through the fire of the first three have a better idea of what's going on. And all this is based on W anyway. But I see what you mean, yes. The idea was to bid prices up in order to force...
  4. dbphoenix

    Ghost of If You Can Draw A Straight Line

    Since the NQ has been so vulnerable to wild moves in the majors recently, I thought it might be a good idea to look at them directly since the NQ remains on the cusp of a potentially major move.
  5. dbphoenix

    Trading Price:Phase One:Observation

    If possible.
  6. dbphoenix

    switching gears to Price Action via SLA

    Yes, only lower than an entry made off the level of the purple one.
  7. dbphoenix

    Is day trading worth it?

    You really ought to take up gardening. Or bonsai. Or maybe working with the homeless. Or disabled veterans. Get out of yourself a bit.
  8. dbphoenix

    Trading Price:Phase One:Observation

    Here's a suggestion: the conditions surrounding parabolic reversals. There sure have been a lot of them lately.
  9. dbphoenix

    Is day trading worth it?

    Actually you're doing the promoting. As for the trades, you'll just have to read the threads.
  10. dbphoenix

    Is day trading worth it?

    And why would I want to stop your promoting my threads?
  11. dbphoenix

    Is day trading worth it?

    Are you shooting milk out of your nose yet? :)
  12. dbphoenix

    Trading Price:Phase One:Observation

    A very Zen quality.
  13. dbphoenix

    Is day trading worth it?

    Actually I don't care if he even trades. I'm interested in his work. Are you in free-wheeling attack mode? Shall we all move to another thread in order to exchange ideas?
  14. dbphoenix

    Is day trading worth it?

    Exiting is very often a bitch, esp if one hasn't put his ego issues to rest. I'd be interested in your exit tactics if you feel like sharing them. If not, that's fine. Maybe a chart or two to illustrate if you don't want to get into lengthy explanations.
  15. dbphoenix

    Trading Price:Phase One:Observation

    I see, so you were looking more for confirmation, which is one way of defining an upmove. However, once gets into backtesting, he may find that that's too late for a profitable trade. But then that's partly what backtesting is for. Of course, you've been at this for 12yrs, so I'm not telling...
  16. dbphoenix

    Trading Price:Phase One:Observation

    If you're referring to the chart in post #21 (and I assume you are), reading left to right, bar 50 would be the beginning of a potential upmove and the next three would join in that. But 54 wouldn't be in synch with an upmove. In fact, it's longer than any of the three preceding bars, and...
  17. dbphoenix

    Is day trading worth it?

    True. There is also the matter of multiple accounts and sharing only the results of the profitable ones (this is pretty ancient). For me, I stopped posting daily charts because there were so few comments. Lots of views, but no comments or questions. And then the chat thing came up, which is...
  18. dbphoenix

    Trading Price:Phase One:Observation

    While it's great that so many people have become interested in this, the charts I posted were only to get the ball rolling. Of much greater benefit would be to post something you yourselves have been observing, particularly if you don't want to make the commitment of a journal. It's not about...
  19. dbphoenix

    Ghost of If You Can Draw A Straight Line

    If it's placed above the swing high, it won't be inside the trough. Can you provide an example of what you're talking about? If not, just look at gears' recent charts. Edit: Sorry, all these responses while I was chowing down. If there's further confusion, let me know. God knows there's enough...
  20. dbphoenix

    Is day trading worth it?

    Same here. The task is to cut the losers short and let the profits run. DP gets jazzed about my P:L, but if one keeps one's losses to a few ticks, has a rigorous methodology, and lets his profits run, a healthy P:L isn't that difficult to achieve. I'll decline to respond to DP's posts one by...
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