Search results

The foresight chart may be found here. Note that it was posted at 0514 before the support at 13 was confirmed.

Yep, that's it. Your position is so compelling that anyone who disagrees with it must be paid to do so. :rolleyes:

The key is to think of it in terms of PA, not bars or lines. Traders made one attempt to move price past the ONH (let's just leave it at "traders" rather than get into all the buyer-seller motivation thing). This fails. That does NOT mean that the UL of the range can be lifted. Rather it...

Is this a rhetorical question? Would you prefer to figure it out for yourself?

The foresight chart may be found here. Note that it was posted at 0514 before the support at 13 was confirmed.

Whether it's 1% or 2% or 3% is irrelevant. Unless the strategy has a reasonably high winrate, this approach will fail, no matter what the books claim in theory.

Did you notice any difference in how price behaves at the real extreme as opposed to what you only thought might be an extreme?

Process

If you think it may be of value to you, go ahead and test it out and see if it is reliable enough to satisfy your objectives.

Don't forget the Mexicans.

So you have four "extremes" reached over a 9-10hr period: in order from low to high, 32.75, 33, 34.5, 35. Now, as price approaches the first, are you going to wait and hope that it reaches the last, or are you going to place a sellstop below 32.75 and follow it up until it's triggered?

Yes. What were the swing highs? Numerically?

This was posted at 0519 this morning:

You needn't necessarily define "extreme" the same way he does. 40D won't be around forever. None of us will. There were four swing highs during the ON session beginning with 1925. What were those swing highs?

Depends on how you define "extreme". Is it an absolute line or a zone? Does how price behave when it approaches that high matter?

We did that at 1023.

No mirrors in your apartment?

No need. Your ignorance of so many things is on display with every post you make.