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Search: Posts Made By: DbPhoenix
Forum: Trading Journals August 12th, 2015, 05:47 PM
Replies: 97
Views: 14,883
Posted By DbPhoenix
My suggestion, as given in the pdf, is that...

My suggestion, as given in the pdf, is that beginners and damaged traders exit as soon as the line is broken. Without hesitation. Without question. If it turns out to be too early, so what? The point...
Forum: Trading Journals August 12th, 2015, 01:55 PM
Replies: 97
Views: 14,883
Posted By DbPhoenix
These are kinds of criteria you have to establish...

These are kinds of criteria you have to establish ahead of time so that you can make the real-time decisions you'll have to make in real time.

What constitutes a "break"? How deep does it have to...
Forum: Trading Journals August 12th, 2015, 12:48 PM
Replies: 97
Views: 14,883
Posted By DbPhoenix
This is what you'd be looking at in real time: ...

This is what you'd be looking at in real time:


https://nexusfi.com/attachment.php?attachmentid=189832


Do you still choose to enter as noted in your chart above?

Do you still choose to...
Forum: Trading Journals August 12th, 2015, 12:09 PM
Replies: 97
Views: 14,883
Posted By DbPhoenix
One step at a time. Finish 3/23 and your issues...

One step at a time. Finish 3/23 and your issues with the earlier trade may become clearer.

You've posted a daily chart of 3/23. Now plot the hourly for that same date.
Forum: Trading Journals August 11th, 2015, 05:35 AM
Replies: 97
Views: 14,883
Posted By DbPhoenix
You are (a) viewing all of this in hindsight and...

You are (a) viewing all of this in hindsight and (b) not following the rules properly. Due to these, your focus is on the potential losses incurred by making what are essentially random trades. Given...
Forum: Trading Journals August 10th, 2015, 09:18 PM
Replies: 97
Views: 14,883
Posted By DbPhoenix
If post 85 is not clear, and the examples in the...

If post 85 is not clear, and the examples in the pdf are not helpful, I really don't know what more to do.

I'm sorry. Perhaps some other method would be more suitable.
Forum: Trading Journals July 28th, 2015, 07:58 PM
Replies: 97
Views: 14,883
Posted By DbPhoenix
The first step is to determine the current trend...

The first step is to determine the current trend of the market (Wyckoff): the Weekly

The second step is to determine one's place in the current trend: the Daily

The third step is to determine...
Forum: Trading Journals July 28th, 2015, 02:57 PM
Replies: 97
Views: 14,883
Posted By DbPhoenix
So according to the rules, what do you do now?

So according to the rules, what do you do now?
Forum: Trading Journals July 27th, 2015, 08:56 AM
Replies: 97
Views: 14,883
Posted By DbPhoenix
How does all of this apply to the chart above? ...

How does all of this apply to the chart above?

Where and how does this intersect the weekly trend channel?

Has the stride been broken? Where?

Do you have a retracement after the break?...
Forum: Trading Journals July 22nd, 2015, 11:10 PM
Replies: 97
Views: 14,883
Posted By DbPhoenix
If that's the case, then this is what you'd be...

If that's the case, then this is what you'd be seeing in real time.

https://nexusfi.com/attachment.php?attachmentid=187941


According to the rules, what do you do?
Forum: Trading Journals July 21st, 2015, 04:41 PM
Replies: 97
Views: 14,883
Posted By DbPhoenix
Given the hourly charts you posted, I assume that...

Given the hourly charts you posted, I assume that this is the area you're interested in?

(It would be helpful to draw the weekly channel lines)
...
Forum: Trading Journals July 21st, 2015, 04:28 PM
Replies: 97
Views: 14,883
Posted By DbPhoenix
The "why" is addressed in the series of posts I...

The "why" is addressed in the series of posts I made to my thread and in the SLA pdf.

Weekly > Daily > Hourly.

Rather than fight me on it, why not just post the charts? Then I can give you...
Forum: Trading Journals July 21st, 2015, 03:42 PM
Replies: 97
Views: 14,883
Posted By DbPhoenix
You posted a correctly-drawn weekly channel last...

You posted a correctly-drawn weekly channel last Tuesday. I assume it is the one you've been working with as the hourly charts appear to be at the upper extent of it. However, you don't provide a...
Forum: Trading Journals July 19th, 2015, 09:30 PM
Replies: 97
Views: 14,883
Posted By DbPhoenix
If you see no connection between your questions...

If you see no connection between your questions and the posts I've been making, perhaps reviewing the charts I've posted at TL and ET will help. If not, I suggest you post the stats you've collected...
Forum: Trading Journals July 15th, 2015, 04:57 PM
Replies: 97
Views: 14,883
Posted By DbPhoenix
See this post: ...

See this post:
https://nexusfi.com/index-futures-trading/34908-trading-sla-amt-intraday-12.html#post503892
Forum: Trading Journals July 15th, 2015, 04:55 PM
Replies: 97
Views: 14,883
Posted By DbPhoenix
With regard to the chart you've posted, the...

With regard to the chart you've posted, the channel does not exist until April. The first opportunity to trade an extreme does not present itself until August, though you could have tried a...
Forum: Trading Journals July 15th, 2015, 09:10 AM
Replies: 97
Views: 14,883
Posted By DbPhoenix
To cut to the chase, I posted the above chart to...

To cut to the chase, I posted the above chart to illustrate that even if one is using the "incorrect" trend channel ("incorrect" is in quotes because I don't know where this particular channel is...
Forum: Trading Journals July 14th, 2015, 02:04 PM
Replies: 97
Views: 14,883
Posted By DbPhoenix
If I'm reading this correctly, it appears to...

If I'm reading this correctly, it appears to begin with January '14. Please post the weekly trend channel that begins with the swing low in June '13. June '13 should be visible and to the far left of...
Forum: Trading Journals July 14th, 2015, 12:31 PM
Replies: 97
Views: 14,883
Posted By DbPhoenix
The current period beginning with the swing low...

The current period beginning with the swing low in June '13.
Forum: Trading Journals July 14th, 2015, 10:54 AM
Replies: 97
Views: 14,883
Posted By DbPhoenix
In this case, "approaching" means plotting the...

In this case, "approaching" means plotting the weekly trend channel for this period beginning with the first swing low in June '13. No trades. No lines other than the trend channel lines. One chart....
Forum: Trading Journals July 14th, 2015, 06:48 AM
Replies: 97
Views: 14,883
Posted By DbPhoenix
The same rules apply regardless of the bar...

The same rules apply regardless of the bar interval, but an hourly chart is going to have fewer trades than a 1m chart, just as a monthly chart will have fewer trades than an hourly.

Plot the...
Forum: Trading Journals July 13th, 2015, 09:41 PM
Replies: 97
Views: 14,883
Posted By DbPhoenix
The losses are minimal, which is the point. As...

The losses are minimal, which is the point. As you can't know the future when trading this in real time, you have no choice but to follow the rules and play the hand you're dealt. You can estimate...
Forum: Trading Journals July 13th, 2015, 07:10 PM
Replies: 97
Views: 14,883
Posted By DbPhoenix
I don't have time to do all of them, and this one...

I don't have time to do all of them, and this one was done quickly, so I can't guarantee that there are no errors.

https://nexusfi.com/attachment.php?attachmentid=187162
Forum: Trading Journals July 13th, 2015, 06:33 PM
Replies: 97
Views: 14,883
Posted By DbPhoenix
That depends on where you are in regard to the...

That depends on where you are in regard to the level at which you're trading. If you're just beginning and you're trading it mechanically, yes, particularly if you have issues with fear. Once you...
Forum: Trading Journals July 13th, 2015, 06:23 PM
Replies: 97
Views: 14,883
Posted By DbPhoenix
1. Yes 2. Yes 3. Maybe. If you were...

1. Yes

2. Yes

3. Maybe. If you were quick to see the change in the angle of the trend and plotted a new trendline, Nov/Dec would be "overbought" and subject to correction. This condition...
Showing results 1 to 25 of 44
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