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That's what the chart is for. The NQ is a mean-reverting instrument. When trading a mean-reverting instrument, one trades the reversals off the limits of the channel and rides them to the mean. That's the chief advantage of trading a mean-reverting instrument, knowing in advance what it is most...

Not only that, he's read the material. I wonder if that has anything to do with his being able to apply it to market movements? Hmmm

And price dropped to the median, as forecast. Did you trade it?

I think Gringo is giving you a pop quiz. ;)

From Thursday:

With regard to ET, that advice doesn't fly.

Egghead!! :D

That's not what I'm saying at all. It has nothing to do with "intuition", nor is it limited to "entry points". If you can draw a straight line . . .

So You're About To Become A Minority... A Helpful Guide For The Future White Minority

But you are neither, so what's your point? All you've demonstrated so far is cherry-picking and an almost pathological confirmation bias.

Doesn't matter. I've lost count of how many times I've said that a proper price action approach is self-correcting and self-adapting since it by definition has to be. But one may as well be arguing evolution to a pentecostal. I suggest you shrug your shoulders, heave a big sigh, and go on...

Starting over from the beginning? Maybe you can get it right this time. (Pssst! Repetition does not become truth) Cute cartoons, though. Even more time on your hands than I thought.

Those highs in the smalls and mids were almost a month ago. And strength in those coinciding with weakness in the majors is generally considered to be at least one sign of an impending top.

Those who are familiar with the material will recognize that we are stalled here most likely because of the median of the weekly trend channel.

And he has so much to be saved from . . .

Deja vu

Assuming that you really are a lawyer, and given that you're this stupid, it's no wonder you have so much free time on your hands.

Stay tuned, same Bat-time, same Bat-channel.

That's pretty much a requirement for trading failures, which is why so few can do it. Until one eliminates fear, he'll be missing out on a lot of good trades.