Ghost of If You Can Draw A Straight Line

I suggest you read pp 4-11 of this pdf.

 

For those who have been following this hinge, price did not exit by 1345, so the odds shift toward a trading range, which involves much the same BO/RET tactic but can be much lazier.

 

Thanks DBP - this is just what I needed. I'm shocked its only been viewed 27 times. I wish this had been the first thing I ever read on training although I probably wouldn't have recognized it for what it is at that time.

 

I only just finished it a few days ago and uploaded it then. Glad it was helpful.

 

It is a gem! Thank you!

 

A wonderful synthesis of your work Db. Thank you.

Oh and that 'When World's Collide' chart is such a clear example of the harmony between mean reversion and trend.

 

Thanks db very helpful as usual

 

Thanks DB for posting this document and all the effort you put into educating.

 

Sure beats reading 15,000 posts.

 

I wasn't in chat long this morning bec I had to leave by 1030, but there was a question about retracements and reversals. Perhaps this chart, which I posted long ago, will be of some help: