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This was our original down sloping channel with an extension added. It doesn't represent the mean. The mean should be half way between the two center lines or around 3505.

The overnight session has firmed up a range from 87.50 to 77.50. Price pushed lower during the ON and found support at the mean of the previous smaller range. Price looks poised to open below 81. If price breaks above 87.50 I will be looking for a long entry. If price can move below 75 I...

Thanks Db - luckily I wasn't trading today but the point is still taken. It wasn't much of a market prep but it was clearly biased and I can imagine myself taking a few failed shorts if I wasn't careful (or not taking a long which can be just as big of a mistake). From now on I'm going to try...

Again - not trading today because of family in town. I think this 3 hour chart says something about the strength of this up move. We are in an overbought position. I believe this implies weakness and makes a return to the mean (at least) more likely than a breakout of the channel. I guess...

This is obvious but I'm looking at more than the Weekly, Daily, Hourly that most people are stopping with. I will look at a daily volume profile, several tick charts, a P and F chart etc. I'm not trying to trade off any of them but they help give me a sense of the LOLR and important levels...

Quick question - I tend to pull up a bunch of charts before the market opens, looking at multiple time frames but when the opening bell sounds I'm just looking at 1. I'm assuming this is okay as long as the multiple charts are adding something to my analysis - correct?

On the 5000 tick chart we can see we are at the bottom of the rising coil that has formed over the last few days. The demand line has been fanned numerous times which highlights the struggle that buyers have had moving price higher. On the 1000 tick chart we can see an channel capturing...

For those following the Ghost thread, DBP and I have been discussing how to characterize a market (clumsily on my part). I've since had a nap and read the latest pdf and realized something (I hope) that wasn't clear to me. I think a poker analogy might be the clearest here... A poker expert...

I drink coffee (2 cups - cold brewed with MCT oil added) and eat fruit every trading day so no argument here. I'd be interested if anyone else wants to share their morning routine.

Not that this should surprise anyone...

I post the macro view because I didn't see anything in the overnight action that gave me any clarity. I've included two views of what I was trying to make sense of. I see that we were rotating around 3500 yesterday but where we were at the open looked like the middle of nowhere. I couldn't...

I will spend some time reviewing your post on using a journal effectively this weekend. I've been trying to give myself the least amount of things to think about before the day begins; the location of the mean, the upper channel, the longer-term DL and the LOLR. As for it being hindsight -...

I'm trying to follow the gorilla to skull island but I'm lost. We have an overnight range, we try down and can't find trades, we spike above the range and can't find trades. We do this three more times resulting in the big blue swing. The midpoint of this is the top of the range. We get...

As you have already pointed out - these criminals are humans. They are hardened but we are all hardened. For the first time they can peek behind the veil. They receive joy. We are hard-wired to seek this joy. If we understand them as the same as us and not a separate species then the...

Here is a look at where we are this morning. The mean is at 3475 and the top of the range is at 3545. We briefly broke below the DL and broke a swing low. We already tested the mean yesterday however and even though we seem to be struggling to move higher the LOLR is up. If we fail to make a...

Can you say more on this, what product you use etc. I feel like there is a lot of scammers in this market. Also - how do you sleep with earphones in?

For some reason I thought you were suggesting not taking the short and waiting for the mean and I was confused. If there is enough room to make some points you take the short either here or on the retrace. Then you see what happens and maybe get long.

A good night sleep should be a core of your preparation for trading. In this video a former Navy Seal and sleep expert is interviewed from the perspective of optimum health and recovery for athletes. It applies to traders as well...

No offense meant Jack but I never have any idea what you are talking about. You are more than welcome to post here as I'm guessing you are at least trying to be on topic? "I'm not a hunter but i am told, that in places like in the arctic, where indigenous people sometimes hunt a wolf...

What does it mean - if anything if price doesn't make it back to the top of the channel?