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The purpose of this is to serve as a closet, or attic, or self-storage facility. A place for me to store what I don't want to lose, all in one place, partly for me, but largely for those who may be interested in what I think about market stuff and trading stuff.

I've reserved the right to moderate comments. Assuming that this works, the point of it is to keep the blog on task as much as possible. Substantive questions will be answered, if I can, but good wishes and so forth will not be posted, not because I don't appreciate them, but because all of that is a lot for newcomers to wade through after a while, so please don't be insulted if you don't see your comment posted.

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Good trading.

Note: it may not be immediately apparent that this is neither a journal nor a trading log. Therefore, the chronology of the posts is immaterial. The posts are instead organized according to the "categories" listed in the sidebar on the left.
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For Daytraders Only: the TICKQ

Posted 05-03-2009 at 10:07 AM by DbPhoenix (Dbs Burrow)
Updated 05-17-2009 at 02:45 PM by DbPhoenix

Trading by price can sometimes seem like trying to negotiate Manhattan with a map drawn in 1625. Any confirmation, weak as it may be, any landmark would be helpful in determining whether or not one was making the correct choices: turn here? there? move forward? go back?

The trader who trades via daily charts has a number of aids at his disposal to help him make his choices: a variety of charts of indexes, sectors, groups, sister stocks and "indicator" stocks, measures of trading...
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Getting Down to Cases

Posted 04-29-2009 at 06:55 PM by DbPhoenix (Dbs Burrow)
Updated 05-03-2009 at 09:14 PM by DbPhoenix

So how does AMT play out in trading? There are several ways of locating the requisite support (upper limit), resistance (lower limit), and consolidations (or congestions or trading ranges or any sort of sideways movement). One can, for example, plot a volume distribution (the hinge is circled):







Drawing a line below the bottom
...
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Auction Markets

Posted 04-27-2009 at 01:44 PM by DbPhoenix (Dbs Burrow)
Updated 04-29-2009 at 07:03 PM by DbPhoenix

I read somewhere recently -- and can't remember where -- having to do with Market Profile, I believe -- that most experienced traders will avoid trying to catch the tops and bottoms and focus on "the middle", waiting for confirmations to enter and confirmations to exit. However, since "the middle" is by definition where most of the trading is going on and is largely non-directional, there is also a lot of whipsawing in the middle, and that generates a lot of losing trades. One...
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Indicators

Posted 04-27-2009 at 01:19 PM by DbPhoenix (Dbs Burrow)
Updated 04-27-2009 at 01:26 PM by DbPhoenix

The indicator phase is something that probably everybody probably has to go through, whether it's MAs, stochastics, MACD, %R, VWAP, Market Profile (if you're looking only at the form if it), Pivot Points, Fibonacci, Bollinger Bands, chart patterns of one sort or another, candles, or even the price bars themselves (range bars, CVBs, tick bars, VSA, etc). And if one can make that endeavor successful by going through the necessary testing and developing the necessary plan, then there's absolutely nothing...
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Trading By Price

Posted 04-27-2009 at 01:12 PM by DbPhoenix (Dbs Burrow)
Updated 04-30-2009 at 03:39 PM by DbPhoenix

Trading by price -- and "volume" (or trading activity) -- requires a perceptual and conceptual readjustment that many people just can't make, and many of those who can make it don't want to. But making that adjustment is somewhat like parting a veil in that doing so enables one to look at the market in a very different way, one might say on a different level.

One must first accept the continuous nature of the market, the continuity of price, of transactions, of the trading...
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