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supermht
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thank you so much , DB with your guidance, I start to understand and use your 3 foresight chart amazing thanks again
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hi, DB, where is content of this post? i am confused The content is in the chart. You have a range, you buy the breakout. If price re-enters the range, you short the reversal. If it breaks out again, you buy the breakout again. The rules for drawing the SLs and DLs are in the pdf. If you're reluctant to take any of these trades, then you probably aren't preparing thoroughly enough and don't know what to do once the session begins. That's something you'll have to work on.
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thanks DB price is approaching bottom ( 4337 area) I am going to short pullback after breakout to downside but i hesitate to buy at 4337 area, ( should I ? ) If you don't know ahead of time, then you shouldn't trade at all and instead test this tactic with 100 ranges. If the odds turn out to be favorable, then trade it. If they don't, don't.
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thank you DB still hesitate to trade breakout That's something the approach can't fix.
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1; trade reversal at extreme ( bottom or top ) 2, trade pullback after breakout of extreme And trade the breakout, if any.
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4280-4270 on 15m chart And what strategies are available to you when trading ranges?
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hi, DB and all the experts here I followed DB 3 foresight chart, and I read the PDF, but still have no idea how to trade the 3 charts could any experts here show to how to read and how to those 3 charts on a live trade, for example, DB post 3 charts on ET. any illustration? thanks What was the range before the open this morning?
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where is DB, all journals discontinued....
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right, those HFT is bad for day traders.... but i think for swing or long term trading, Wyckoff method still applies....
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upset Wyckoff threads are helpful to understand market behavior.... :crap:
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Wyckoff threads become quiet, everybody in the thread have gave up wyckoff method? I want to know why