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Because the purpose of both a trend line and a trend channel is to track the trend. If it doesn't do that, it's pointless. I suggest you not try to "learn" anything from that example because it's a poor example to begin with. Focus instead on the six or so charts I posted to show how one...

It's all that MedicAid and food stamps.

Pretty much, if those who post here are representative.

If for some reason you want to learn this, and the pdf makes no sense to you, and the previous four journals don't do it for you either, you'll have to study the source material. If you don't want to read the entire course, I've made suggestions for reducing it to Wyckoff Lite.

In the wake of a racist incident involving a campus fraternity, University of Oklahoma president David Boren issued a scathing response — describing members of Sigma Alpha Epsilon as "disgraceful" The controversy started Sunday, when a video surfaced showing members of the fraternity signing an...

When beginners ask me where to get started, I refer them here, the first step of which follows: The first step is to decide what kind of trader you want to be. What do you want to accomplish with your trading? Is it recreational? Supplementary income? A part-time job? Do you want to make a...

Don't let it go on too long. One can get trapped in observation once he becomes comfortable with it, and then a year has gone by and he still hasn't made a trade. As a intellectual exercise, tho, it's hard to beat it.

At this stage I think it's great. You won't be able to decide until you've tested potential entries what your criteria will be, e.g., how you want to trade ranges or whether or not you want to trade them at all.

There are twelve numerals. What do they signify?

I understand. Just a reminder of how reality can intrude.

OK. When you begin testing, remember that you can't go long if you're short until you exit the short. This will alter your data.

I assume this is satirical?

Is the first green dot a short?

You know you’ve crossed the line when Glenn Beck tells his audience that what you’ve said is “the dumbest thing I’ve ever heard.” That, presumably, includes the voices in his head—not to impugn the voices in his head. GOP presidential contender Ben Carson did it. He broke it. He pushed it too...

Or stay home. That'll show 'em.

And the trade off the 1m. I was going to do this myself but thought it would make a nice quiz. Anyone who wants to play is welcome to do so. The DTs are freebies.

As the interest is sincere, I'll begin at the beginning. Shoe-horning this stuff into somebody's else's perceptions does not end well. How to find a trend and draw a trend channel, per Wyckoff: How to find a trading opportunity:

I wonder if they've reviewed the literature on sedition.

A more interesting question is why people keep bumping this thread if everyone is so tired of hearing about it? There is a quantifiable edge. But one has to do the testing to find it. But you wouldn't know anything about that, mostly because you have no idea what the "plan" is.

The ranges are being missed entirely. Trendlines and channels aren't going to work because there hasn't been a trend since the end of November. I'll reconstruct the whole thing later.