It was a difficult day for me as well. After the two failed continuations, I lost some confidence and become a little over-conservative. Seeing...
Okay, this is encouraging. Some more pieces of the puzzle are coming into place. I can see that I already started to drift in the right...
Okay, thanks a lot for going over this again with me, niko and DB. I feel like I have a realization dawning, but still need to work out the...
@game as well Interesting, you are seeing a long-term short much earlier than I am. Can you elaborate on what you're looking at? I must be...
Perhaps we are having a mis-communication of some sort. Trend channels are essentially long-standing supply or demand which price frequently...
Very interesting discussion of the overnight price action. I am learning a lot. I had the support at 76 coming from the Demand line which...
Yeah, haha. The woes of us beginners. By the way, the first Red dash you see was me covering the long, so back to flat as we head back under...
Good point. I notice that I often attempt to become too surgical and precise when I encounter gaps in my understanding. It's like an auto-pilot...
It sure is fascinating to watch you demonstrate your understanding of the market sometimes DB. It is clear that I was missing a few pieces of the...
Food for thought.
Had to re-do my post, trouble with the attachment. -- Quick look at the morning. Getting fairly comfortable with spotting a clean trade or...
Oh, I was tracking Supply and Demand the entire time, I just didn't start drawing the lines on the chart I posted until price began to move...
I drew my channel on your chart. The Green was a long, and the next red was the cover. The 2nd and 3rd red lines were both short entries. As...
niko, I don't know how you are always finding entries where I see none, or at least finding them way earlier than I am comfortable with. If...
niko, I wasn't really seeing any strength there at the time. Here are some quick thoughts about the situation. Although the down-move has...
r3algood, Here are some basic PA annotations for the NQ Open today. Hopefully this example will help you to continue learning the essence of...
Hmm, you've lost me a little here. We are still in the midst of a strong up-move that hasn't shown any real weakness which would indicate a...
Okay, so this chart accurately represents the current state of our trade. I agree with your analysis of the faltering strength of the down-move....
It gets difficult to know what I would do when actually placed in this situation, but I would hope that I would have just exited after the break...
Thinking further, it seems like I have the tendency to keep looking at the trade on the macro level since we've been holding it for over 10...
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