Your statements look like open ended "if then" statements to me --- but maybe I a wrong. Can you make a call for today so we can see your acumen? A specific market call, not hedged in any way. Thank you.
As I said, twice, if price breaks above the TR, go long on a retracement. If it breaks below, go short on a retracement. Do you know what a retracement is? If you don't, see the linked material. Or do a search for "retracement".
Still sitting in this range. Notice the relationship of this range to yesterday evening's swing high.
i have to bump some (not all, lol) of DP points firstly, no one has made more trade calls in "advance" than this guy in all of ET history..and i have been here since 2003 lurking, then posting. that point is an objective fact, not subjective. hell, there have been many that did not pan out and were clear to see..thus reaffirming the honesty in the calls...none have been edited that blew. of course you had more winners...kudos. enough said on that. he knows me well, as i know him..and we have disagreed our share..but one thing we have in common is ability to trade for decades..quite well. Nodogi....u have to be a crackpot (and then some) to say (which i read verbatim) u never lose anymore...are there really people here who actually believe this nonsense? please i beg you not to reply with some of ur calls...or quotes..i do not need to see (again, in my case u can see why because i post blotters, et al for years here) DB, do u really sell an ebook? forgive me if i am off...no time to flip through countless posts.
With all respect, how much is a retracement? And how much is a breakout before retracement? I guess people mean this by clarity.
Depends on the bar interval. But a retracement is any move counter to the prevailing move. Some call it a pullback. A breakout in this case is a move above or below a trading range. The pdf that's been mentioned provides a number of chart examples, or one can look at the charts posted to my journals. Or he can search "retracement" and "breakout".
Thanks. See where's the problem: what you tell makes perfect sense to me as theory of the markets. But it isn't strictly a call or prediction by any means.
Points well taken---- but drownpruf is second to the late great marketsurfer as far as number of specific calls made on this site since 2000. Not talking accuracy, just numbers.