Ghost of If You Can Draw A Straight Line

on et under nq-supply and demand

 

Thank You. Haven't seriously looked at him yet, does his work differ from traditional TL convention? Is he unique?

 

I've never read tl so I can't tell you but I know his forums here have helped me !

 

no no, by "TL" i refer to simple conventional trend line methods drawing lines on tops of HH's and LL's etc. Does he bring something unique or a primer on those methods that have been around forever?

 

not anything unique just keeps it simple

 

Yes, I'm unique (but then everybody is). But aside from that, read the first post. It's all there.

 

Update:



Much has been said about "noise". Without getting into all that, I'm posting the 15m along with the 60m to show only that one, if he has the time, can monitor the buyer/seller activity using a smaller bar interval even though he has no intention of changing his entry point.

 

So I guess, this is how predictability looks. I have seen that same behavior in the 1 min, when the 5 min entry is triggered. Once one is in, price doesn't even bother to look back.

 

Except in this case I've already been stopped out . I would have posted it earlier but couldn't get access to the site. And I don't feel like doing it over. So . . .

 

Yep, but it also proves the effectiveness of a good scratching policy, the stop out on the first short is really insignificant compared with the still open profit of the second one.