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  1. dbphoenix

    Ghost of If You Can Draw A Straight Line

    I've traded it in real time, here and in chat, but it has little effect. Given how simple it is, the problem is not the trading but the failure to trade it as prescribed. Since this is nearly always the result of fear, there's nothing more I can do in that regard. I suggest that those who are...
  2. dbphoenix

    Ghost of If You Can Draw A Straight Line

    http://www.traderslaboratory.com/forums/wyckoff-forum/16270-if-you-can-draw-straight-line.html#post179217
  3. dbphoenix

    Ghost of If You Can Draw A Straight Line

    In re Wyckoff, not something that came along decades later. But this journal appears to have run its course anyway, so it's all good.
  4. dbphoenix

    Ghost of If You Can Draw A Straight Line

    While Market Profile is certainly a sound option for those who are unable to make the SLA work for them, it has nothing to do with the SLA. And since this is an SLA journal, I'd appreciate it if those who post to it keep that in mind. Surely there are tons of Market Profile threads here at...
  5. dbphoenix

    Wyckoff's Monster

    Don't dwell on what you think, feel, or believe price WILL do. Focus instead on what it IS doing and what you plan to do if and when certain scenarios present themselves.
  6. dbphoenix

    boru's price action journal

    Did you go long at 0948?
  7. dbphoenix

    Investors Business Daily necessary?

    Given the number of posts you've made to this thread, that would appear not to be the case. Nonetheless, Maverick has been trying -- apparently unsuccessfully -- to make a distinction between the newspaper and the data it provides. I hope the OP eventually finds whatever it is he's looking for.
  8. dbphoenix

    Investors Business Daily necessary?

    I have to go with Maverick here. You seem not to have a clear notion of what it is you want. You say you're interested in investing, not daytrading, yet you get all excited about the "pops" in Z and MXWL, ignoring the fact that the CS ratings also include EPS growth, etc, not just relative...
  9. dbphoenix

    Ghost of If You Can Draw A Straight Line

    While I'm not suggesting that everyone else got it wrong, I do want to point out Bern's prep and post charts. What he did in prep was pretty much everything he needed to know to have a successful session. Whether he actually did it or not in real time is the purpose of the review. In other...
  10. dbphoenix

    Ghost of If You Can Draw A Straight Line

    Let's say diplomatic. So how's Magee going?
  11. dbphoenix

    Ghost of If You Can Draw A Straight Line

    I wouldn't say I'm "hinting"; I'm saying flat out: if one doesn't spend the time and put forth the effort to characterize his market AND prepare thoroughly for whatever his upcoming trading session might be, then he may as well give it up and go back to being a hobbyist. This is the wall we run...
  12. dbphoenix

    Ghost of If You Can Draw A Straight Line

    All of that can be useful in prep, but once the trading session begins, it's a distraction.
  13. dbphoenix

    Ghost of If You Can Draw A Straight Line

    For some reason, the end of the next to last paragraph got cut off. It should read "You can't weaken your fear if you don't understand what you're looking at, and you can't understand what you're not looking at."
  14. dbphoenix

    Ghost of If You Can Draw A Straight Line

    How is "mean reversion" defined?
  15. dbphoenix

    Ghost of If You Can Draw A Straight Line

    I hope today re-emphasizes the importance of understanding AMT and mean reversion. I also hope that all of you wrote down not only the where and when and how you entered but the WHY you entered. Or didn't. You can now go back and analyze your thought processes to avoid making the same mistakes...
  16. dbphoenix

    Making of a method

    I don't know what you mean by "divergence". AAPL topped out in December. GOOGL, AMZN, FB, CMCSA and GILD topped out in March. MSFT appears to have topped out three weeks ago. When only 3 out of the top 10 are holding their own, how much divergence does one need?
  17. dbphoenix

    Making of a method

    That's what all those NDX charts I've been posting are all about.
  18. dbphoenix

    Making of a method

    Picking up on the DB off the mean from Thursday was clever.
  19. dbphoenix

    Trading NQ via Price Action

    Point is that incorporating volume prevented you from profiting from a 30pt downmove and a so far 25pt reversal. You may think that it helps you and feel that it helps you and believe that it helps you, but if you insist on using it, you're looking forward to a great deal of testing to determine...
  20. dbphoenix

    Trading NQ via Price Action

    Why plot it at all? Did it benefit you in any way today?
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