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  1. dbphoenix

    The Trouble With Scribbles

    I can do it. I just don't see the point. And trying to deflect your own lack of transparency onto others is pretty transparent itself.
  2. dbphoenix

    noob trader looking for some advice from pros

    Before evaluating any of these people, it will be necessary for you to understand what it is they're trying to do. In order to do that, you'll have to understand what a market is, how it works, how to profit from its movements. Otherwise it will all be gurubabble.
  3. dbphoenix

    The Trouble With Scribbles

    Those who understand what equilibrium is will also understand that trading in it or around it leads to a lot of whipsawing. Setting a wide stop and hoping for the best is not prudent.
  4. dbphoenix

    The Trouble With Scribbles

    And now a range from 98 to 05 is shaping up. That the median of this range is 1.5pts above equilibrium is not necessarily important.
  5. dbphoenix

    The Trouble With Scribbles

    I should point out that though there are only three strategies -- reversals, breakouts, and retracements -- the variety of tactics to implement these strategies are near limitless. Thus no two Scribblers will enter in exactly the same place with exactly the same "stop", nor will they have...
  6. dbphoenix

    The Trouble With Scribbles

    An example of equilibrium:
  7. dbphoenix

    It's Open Season

    It's 'Open Season' On Christians & White Men It Feels Like Open Season On Black Men In America
  8. dbphoenix

    The Trouble With Scribbles

    Which has been done, which few people pay any attention to, which are soon forgotten. After 15 years, you ought to know that. Posting the trading opportunities in advance is more effective in both the short and long terms, at least for those who know what's going on. If one knows the rules and...
  9. dbphoenix

    Can Short Term Trading Be More Profitable Than Long Term

    And more to come if AMT holds true for this leg.
  10. dbphoenix

    Can Short Term Trading Be More Profitable Than Long Term

    There is a tendency to equate daytrading with scalping, or trading the ladder. But even if one ignores the fact that the futures market is 24hrs, not 6.5, there are plenty of "big moves" available if one (a) knows what to look for and (b) is willing to wait for it. Yesterday, for example: 3...
  11. dbphoenix

    The Trouble With Scribbles

    An update on last Thursday's chart:
  12. dbphoenix

    The Trouble With Scribbles

    Posted yesterday evening: No response so far, which is unfortunate since we have plunged to 4387.
  13. dbphoenix

    The Trouble With Scribbles

    So much for the notion that the overnight action is irrelevant:
  14. dbphoenix

    The Trouble With Scribbles

    For those who are interested in comparing a rules-based approach that can be planned in advance to what the OP presents:
  15. dbphoenix

    The Trouble With Scribbles

    I must have missed where any of this was pointed out in real time, much less in advance. Key words: "could have been".
  16. dbphoenix

    The Trouble With Scribbles

    There's more, if you're interested.
  17. dbphoenix

    Christianity - For the Record

    No. But then your thinking is even sloppier than his.
  18. dbphoenix

    Price Action - NQ III

    Right. This is essentially a check to make sure you didn't screw up and travel the wrong road during the backtest. If what you think should happen actually happens, then you can move on to demo trading. This shouldn't take long, not at this point.
  19. dbphoenix

    The Trouble With Scribbles

    1. Without ranges, there's no place to start unless you're entering a reversal off the upper or lower limits of a trend channel, which is itself a range; a diagonal range. 2. You will NEVER allow price to hit your stop. The purpose of such a stop beyond the problem of losing connectivity is to...
  20. dbphoenix

    Price Action - NQ III

    You're not actually demo trading are you?
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