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  1. dbphoenix

    Why Do We Trade? For Real.

    No, I just know how to draw a trend channel. Anyone can do it. If they can draw a straight line.
  2. dbphoenix

    Why Do We Trade? For Real.

    It would help if "TA" were defined, but, yes, pretty much.
  3. dbphoenix

    Why Do We Trade? For Real.

    Depends on who "they" is. I "predicted" that the NQ would turn at or about 4500. It turned at 4483. I then "predicted" that we would work our way toward the median of its weekly trend channel, and we are currently within 30pts of that objective. Anyone who doesn't know what to do with this...
  4. dbphoenix

    Arkansas Republican Gave Adopted Girls to Rapist Because They Were ‘Possessed By Demons’

    The story of Arkansas state Rep. Justin Harris (R) — whose family adopted a pair of girls then “re-homed” them to another household where one of the girls was raped — has taken a bizarre turn with allegations that the Harris family gave the girls up because they believed the children could...
  5. dbphoenix

    Two officers shot outside Ferguson police HQ after chief quits

    And you'll be stocking up on Viagra.
  6. dbphoenix

    Why Do We Trade? For Real.

    It would be nice, though, to discuss it rationally and logically rather than transform it into a platform for proselytizing one's agenda.
  7. dbphoenix

    Black gangster girls beating up a white chick at McDonalds

    "The girl in blue swings at one of the teens but is soon outnumbered by her target’s friends." Hmmm
  8. dbphoenix

    Two officers shot outside Ferguson police HQ after chief quits

    If I were you, I'd buy more guns and stock up on pork&beans.
  9. dbphoenix

    Price Action - NQ

  10. dbphoenix

    My Wyckoff journal

    Sorry, I thought it was directed to me. And this journal is probably not the best place to address these questions. So perhaps I can avoid a lot of back and forth by suggesting that anyone who reads these posts read the following: 1. The SLA/AMT. 2. Wyckoff's course, at least Section 7. 3...
  11. dbphoenix

    My Wyckoff journal

    I mean everyone who's engaged in the market. If by "classic TA" you mean price behavior, possibly. Many may buy because they think the price is reasonable or even cheap based on fundamentals. They may sell because they think price is too dear, again based on fundamentals. But they still must...
  12. dbphoenix

    My Wyckoff journal

    There is no such thing as "noise".
  13. dbphoenix

    Iran letter blowback startles GOP

    An Open Letter to 47 Republican Senators of the United States of America from Iran’s Hard-Liners March 11, 2015 Dear senators: Thank you for your letter of March 9 explaining your system of government. We were unfamiliar with the complexity of your laws. For three years we have been...
  14. dbphoenix

    Iran letter blowback startles GOP

    Taking stupid to a whole new level. First Netenyahu . . .
  15. dbphoenix

    My Wyckoff journal

    I posted this somewhere and some found it helpful when beginning observations, having to do with focusing on the behavior rather than potential entries: What are they doing? Where are they doing it? Why are they doing it? How are they doing it? What were they doing before? Think of...
  16. dbphoenix

    My Wyckoff journal

    In terms of an individual trade, it doesn't matter. Each and every trade involves a buyer and a seller. If price rises, buyers are willing to pay the ask. If they aren't, it doesn't. Volume is nothing more than the number of transactions. The result of all that activity is illustrated by price...
  17. dbphoenix

    Why Do We Trade? For Real.

    The problem is that the thread is not about him. And MS craves attention. And when he doesn't get enough of it, he embarks on yet another of his tired crusades, intruding on thread after thread, making discussion ever more difficult. Whatever one might say about MS, no one can deny that he...
  18. dbphoenix

    My Wyckoff journal

    Beware the Jabberwock, my son, the jaws that bite, the claws that catch!
  19. dbphoenix

    The Death of Outrage

    At the end of 2014, Slate chronicled the year’s seemingly nonstop stream of outrage, during which nearly every day brought a new scandal demanding our opprobrium. Someone said the wrong thing, a celebrity did something awful, a Slate writer argued a contrarian position—even a minor imbroglio...
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