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.

The first post is a link to a preview of my book. This may be of no interest to you whatsoever, but I do encourage those who are interested to at least look over it before plunking down any money for something that may be of little or no use to them.

Good trading.

Support & Resistance and Trading Trend Posted 02-26-2008 at 11:17 AM by DbPhoenix Updated 03-28-2008 at 08:16 AM by DbPhoenix The following illustrates the potential support and resistance provided by swing points and zones. It also illustrates a means by which one can define "trend". If one doesn't understand trend, he’s going to have trouble understanding breakouts, retracements, and reversals. If he doesn’t understand support and resistance, he’s going to have trouble understanding how and where and when to enter and exit, much less where to take profits, assuming he has any. . ... Continue reading... DbPhoenix

Posted in II. Support & Resistance and Trading Trend Comments 0