Line Changes:
Added new slightly up sloping bottom red line. This will be the last red line unless / until an up trend starts or resumes. Will also probably move the start of the line forward Monday.

Now short 25% net allocation. btw - The main purpose of this blog is to develop (in real time) a method to ‘stay’ with moves in systems where staying in as long as possible is the best way to exit. The entries, avg price, size % allocated to this are superfluous. Could just...

Line Changes:
Slid the live green horizontal line up a little above the recent swing.

From a trading standpoint, moving the line would only be significant if the line was being used as a stop triggger. For me, it was insignificant bcse would only lift some of the shorts on solid PA above that line.

Would add a couple % more shorts if price went above the live red line and then came back down through it... and start building substantial % short position on...

Formatting convention note:
Thicker lines are "live" / on
Thinner lines are expired / expiring / off



Changes:
Top green line turned off, extended it back to pivot and to 9/30 PM bar.
Added new live green line 0 deg.
Top red line turned off
Turned the bottom/long live red line to darkred color.
...Gets it back to only one live green line and one live red line

The bottom/long live darkred line...

Line trading – lines only, no PA, no MA, no ocs, no Vol. – just lines
It’s not quite Trendline trading in that they are
> discretionary lines ie not bound to conventional rules for drawing and using trendlines
> adaptive, moving, especially in changing angles

Charts are ‘continuous’ YM 720 minute from TS. Bars run ~12 hours and day starts ~ 12 AM.

This is just an exploration of a concept I have been interested in for a while but never followed...