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  1. dbphoenix

    The Foresight Thread

  2. dbphoenix

    If you had to do it all over again.......

    You referred to "Gurus that are out there to steal your money with courses and newsletter or seminars because they can't make a buck trading the market yet they don't leave the business." Does not Wycoff qualify? Do you know whether he made money trading or not?
  3. dbphoenix

    9 Things Many Americans Just Don’t Grasp (Compared to the Rest of the World)

    1. Universal Healthcare Is Great for Free Enterprise and Great for Small Businesses 2. Comprehensive Sex Education Decreases Sexual Problems 3. American Exceptionalism Is Absolute Nonsense in 2015 4. Adequate Mass Transit Is a Huge Convenience 5. The Bible Was Not Written by Billionaire...
  4. dbphoenix

    GOP Congresswoman's Facebook Invitation to Constituents to Share Obamacare Horror Stories Backfires

    Congresswoman Cathy McMorris Rodgers posted an image on her official Facebook page, slamming the Affordable Care Act on the fifth anniversary of President Obama signing it into law. She asked constituents to share their Obamacare nightmare stories and well, the response probably wasn't what she...
  5. dbphoenix

    switching gears to Price Action via SLA

    Here is another, which is the follow-on to your original chart. Note here that if you buy the breakout, price is going to recoil on you. You must decide in advance whether you are going to hold and wait to see if price drops back into the range, exit if price does not advance immediately, or...
  6. dbphoenix

    switching gears to Price Action via SLA

    One must have rules that he's tested and that he trusts. What the specific rules are doesn't matter if one can't locate the range and start with it. If he does locate the range and trades it correctly, the rules may change throughout the session according to how traders are trading. But if he...
  7. dbphoenix

    switching gears to Price Action via SLA

    The "rule" was merely a suggestion. It's up to the trader to determine whether he enters on a tick or two or four or twelve, understanding that the later he enters, the more likely he is to be underwater and quickly.
  8. dbphoenix

    Did you know Obama just took new executive action on immigration?

    That's 'cause he's the anti-Christ.
  9. dbphoenix

    The American Conservative review of Ted Cruz

    Yes. The Canadian Latino.
  10. dbphoenix

    switching gears to Price Action via SLA

    The SLA doesn't apply in ranges. Ranges are traded via reversals, not retracements. The trend begins after price leaves the range. You're overthinking it, trying to protect yourself from being wrong. But you're incorporating so much unnecessary information in your assessments that you're pretty...
  11. dbphoenix

    switching gears to Price Action via SLA

    If you're not sure about the range, use what I post before the open. As for "where price might pause or reverse", you're putting the cart before the horse. Review the hindsight charts I posted. The lines you've drawn are incorrect. If the lines are drawn correctly, any other consideration is...
  12. dbphoenix

    switching gears to Price Action via SLA

    Why so many lines?
  13. dbphoenix

    The Hindsight Thread.

    The Foresight chart may be found here.
  14. dbphoenix

    The American Conservative review of Ted Cruz

    No. Cruz and Palin.
  15. dbphoenix

    Is backtesting necessary before Walk Forward Analysis?

    Don't tug on Superman's cape.
  16. dbphoenix

    The American Conservative review of Ted Cruz

    Good grief.
  17. dbphoenix

    The Foresight Thread

  18. dbphoenix

    What will form?

    I'll point out that price overnight reached and penetrated the "mean" line that I drew in my post above. This has its own implications. But you seem not to have any interest in Auction Market Theory. Sorry to intrude. :)
  19. dbphoenix

    Is backtesting necessary before Walk Forward Analysis?

    It's easier and quicker to refer to this: Developing A Plan. Observation, backtesting, forwardtesting, simtrading, real trading.
  20. dbphoenix

    What will form?

    Or, since this is mean-reverting . . . The lines come from the weekly chart. Something else to consider, though this is probably too easy:
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