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Observation: Today's low of day is 4431. The high of the overnight market was 4448.75. Should price reach a high of 4466.75, then 4448.75 will be the mean of the low and high of the day. The present high of day is 4464.75, with 30 minutes of trading left. Even if price does not reach 4466.75, it...

Thank you dp. Appreciate it. Ged

db, what is the name of the thread you are referring to? Is it the same thread you referenced in regard to your method of projecting targets? Thanks much. Ged

forty, I would appreciate it if you would amplify on the above statement, why you make this differentiation between the morning and afternoon sessions. Also, if in the afternoon you "are more likely to let price retrace on [your] position..." what might this type of retrace really look like?

I observe that the mean between today's high, 4461, and the present low of day, 4429.25, is 4445, and that 4445 is also the mean of the overnight market. Ged

Right, I wasn't looking at the channel high, or anything else, but just making the observation of what seems to me an interesting fact. We may yet go above 4461, somewhat nullifying my observation, but I tend to believe in relationships more than coincidences. Ged

I observe that the mean between today's low, 4438, and the present high of day, 4461, is 4449.50, and that 4449.50 is also the high of the overnight market. Ged

I like the 'scratch' terminology, just not used to using it. I could have managed my trades better, so I learned some things. A day is never a total loss if you learn something helpful. Ged

Thank you forty, Eddiemorra, theapprentice, LLIHeroic, and db. Appreciate the responses very much. - I believed, after the fact, that this was not a very good day to implement all aspects of the method. Good to know I wasn't kidding myself. I finished down $30/contract plus commissions...

Forty, it seems to me (albeit I am inexperienced in various aspects of the method you trade) that price action for the first 2.5 hours of today (RTH) has not been optimum. I'd be interested in the grade you would give to the day, so far, on a scale of 0 to 10 - 5 being average? My interest stems...

Thank you Gringo.

Aha...It seems to me that a level of resistance, with additional levels of resistance shortly above it, would normally not be a poor spot to consider taking a range reversal.

emini, my thought is that 88 is just 2 points above 86, and 91 is just 3 points above that. So, to take a breakout to the top side it seems it would be prudent to allow it to clear those levels before making entry.

Thank you db. I've read so much of your work, but I couldn't recall just now if you had mentioned using P&F charts. Ged

db, do you use a P&F chart to calculate your target(s)? Ged

Thank you forty, a very helpful response. Appreciate you taking the time. Ged

forty, you mentioned in the House thread that perhaps better than half of your trades are entered from a recent prior daily hi or daily lo. Are you referring to the recent prior daily hi's & daily lo's of the NY RTH? Or, daily hi's & lo's of the 24 hr trading period? Or both? Do you maintain...

I did not realize that, as you are a disciple of Wyckoff. But, there are many ways to skin a cat. It appears to me that you have put together a very specific approach to locating, executing and terminating your trades; that this approach meshes well with your temperament, and it is very...

Thank you kp. I yet have a sense of humor, and sometimes that is what it takes.

forty, do you have an idea when you will post the next series of charts? Will volume find its way into the discussion in the next series? The price action of the past several days, NQ's current price level, and daily NQ volume over the past few days are interesting and helpful observations that...