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    Ghost of If You Can Draw A Straight Line

    I was joking with DB via message that it would be only a matter of time before that insinuation would be made. My understanding, and thus vocabulary, concerning the market, has been primarily a product of DB's writing. [You could go to TL right now and see my thread where I am having a...
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    ES Journal - 2014

    Okay. I am not capable of fully discussing what "those who make it big" do or don't do, as I only know two personally who have. Both are discretionary traders; one using price, volume, and time to choose entries and exits; the other using price and several mathematical derivatives of price to...
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    ES Journal - 2014

    How do your models work? You don't have to give away the formula, but I'm curious - is it fully automated? Is it based on price, volume, and time? Or is it based on something extraneous such as mathematically derived formulas from the above three inputs?
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    Ghost of If You Can Draw A Straight Line

    Trip what is your actual entry trigger? Are you marking the bar that would setup your entry? I ask because it appears your entries are inside the bar somewhere. [We'll assume we all understand price is continuous, but there is a happy medium we all have to find between theoretical...
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    Ghost of If You Can Draw A Straight Line

    I apologize; I must have misunderstood your question. I had read your question as you saying you were confused by additional filters and I was attempting to first clarify that additional filters are unnecessary to actually produce a profit, but that the location provided by AMT could...
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    Ghost of If You Can Draw A Straight Line

    Back testing a filter-less SLA plan produced a positive expectancy. There are three entries: retracements, reversals, and breakouts. Both reversals and breakouts can be played by simply taking the first retracement following their occurrence, so there is really only one entry, retracements. SL...
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    Ghost of If You Can Draw A Straight Line

    I am not sure how you define support and resistance levels, but put simply support or resistance is a "zone or level at which those who have enough money to make a difference attempt to retard, halt, and reverse a fall/rise by buying/selling." This price, where the last set of transactions took...
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    Ghost of If You Can Draw A Straight Line

    I would say that is likely. However, this approach could be applied to any number of time frames. In fact, this thread started out with the application of this method on the 60-minute bar interval chart, which would most likely, but not necessarily, put one's time frame at beyond a single day.
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    Ghost of If You Can Draw A Straight Line

    I primarily only trade the first 90 minutes of the "RTH" session and price during that period was anything but sleepy. However, in opposition to more aggressively advancing sessions as of the entirety of February and into March, traders do seem to advance rapidly from the lows of their...
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    Ghost of If You Can Draw A Straight Line

    Could you perhaps provide some more information concerning what you believe it did differently today and yesterday afternoon than in other sessions? Perhaps you are referring to the rate at which the declines are increasing in extent and decreasing in duration while the advances are decreasing...
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    Ghost of If You Can Draw A Straight Line

    First, I would say that I am hoping for more clarity from overnight/Sunday action to perhaps provide a range to better define that actual price level, similar to how Thursday night / Friday morning's action helped define the lateral level of interest. Such a situation would strengthen my...
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    Ghost of If You Can Draw A Straight Line

    I was playing around with the weekly chart and came up with something like this: And I will most likely attempt to look for, at a minimum, a bounce around there should the opportunity present itself:
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    Trading NQ via Price Action

    Thank you Game - I will never forget the post of 40 Draws, I believe it either in the original SLA thread or the next one, where he posted his 2 hour chart, showing price at the lower extreme of a down trend channel. That morning's open was violent - it dropped suddenly below the trend...
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    Trading NQ via Price Action

    It didn't take me a year to do the walk-forward testing, it was just a year's worth of data. All the time spent testing took several months. Application of the principles was/is a whole other game. Its amazing how hard it was to simply do what I was supposed to, what I had planned to, do...
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    Trading NQ via Price Action

    The first step I took was to run a 12 month bar-by-bar walk-forward test of SLA on its own. I would step through each 90 minute morning session and draw in the SL/DLs, and place the trade without seeing what came next, using nothing but the basic rules - I believe this was coined "surfing" at...
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    Ghost of If You Can Draw A Straight Line

    Pre-Open Analysis: Post-Open Action: DB, you gotta stop selling the snake oil :)
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    Ghost of If You Can Draw A Straight Line

    To be fair, my reasoning was a RET rather than a REV. So maybe ya'll will still talk to me -
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    Trading NQ via Price Action

    Same here - looking back over my journey, so much time was initially spent on the entry. Ultimately, that is the less complicated part. Its what you do with it afterwards that makes all the difference. [Of course entering in the right location can simplify to some degree what to do with it...
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    Ghost of If You Can Draw A Straight Line

    More along the lines of what you are looking at?
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