Ghost of If You Can Draw A Straight Line

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Anyone who feels annoyed with the recent off-topic non-sense please use the complain feature liberally. I don't understand how people that have no interested in drawing a straight line are starting to outnumber those who are interested.

Fluke - I will admit your writing is similar to Db's. (I know Db has no time for an extra username). I think that is what is being alluded to?
 
This thread has been cleaned up with a number of posts removed (along with those who quoted them). I am tired of the bickering, the off-topic posts, the "challenges". If you have something to contribute to the Straight Line approach, then please post. If not and you want to make a case for a better or different way then please start your own journal.
 
green.green said:
Fluke - I will admit your writing is similar to Db's. (I know Db has no time for an extra username). I think that is what is being alluded to?
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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 discussion with DB. It made laugh a bit thinking about him over there writing and responding to himself from multiple user names.]

As for my writing being similar, I can only say that he and I appear to like spelling correctly and using, for the most part, proper grammar, something that we seem, at times, to loose around here. :p
 
I don't know who is reading this journal who is not reading the SLAAMT exercise, but a post I made there today may help refocus the effort on employing the SLA.

There has been much emphasis on lines and broken lines and what constitutes a broken line and how and where to draw the lines and how and where to re-enter after the line is broken and so on. But I will repeat, yet again, that the lines are there to focus the trader's attention on the balance between supply and demand. That is their only function. If one does the work properly and needs them for more than a few weeks, then he either doesn't understand what they're for or he has no concept of supply/demand and trader behavior. If the latter, the lines are going to be of no help whatsoever.

The following is part of the post I made:

dbphoenix said:
Is the SLA about lines or it is about supply and demand?
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Note that if one entered by focusing on supply/demand imbalances as we rejected the mean of the trend channel (see "mean" at the top), he would have made one short entry. And that would be it. He would need to make no further exits or re-entrys until he reached the lower limit of the trend channel. If he were reading supply/demand imbalances rather than lines and line breaks. If one doesn't understand how, I suggest he go back and review the first journal. Trying to fix one's trading by fiddling with these lines is like trying to overhaul one's transmission by fiddling with the radio.
 
Aside from all the lines and channels and so forth, the central question with regard to prep is do you know exactly what you're going to do at 0930?

If you don't, none of the rest of it matters.
 
to me some represent price rejection and minor turning points. The longer wide range bars represent a definitive action in the given direction. In terms of the bar itself nothing though. What happens in the other bars is important as well.
 
Let me put this another way.

What is the significance of each of these bars, in succession, "high" to "low", "open" to "close", in context? What is each story?

First bar?
 
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