SquatAttack

DB: In post #82 (pg.11) you reveal a lot about your trading habits/preferences. Since you have proven yourself to be a market veteran in multiple threads over multiple forums, one would be wise to heed your every advice, would he not? I came away from that post in particular with two golden nuggets: 1. You only trade SLA around the extremes (upper and lower limits of Daily/Hourly TC). You are "content not to trade until the best opportunities arise". Also not trading around the means, which is always choppy. "It's not a matter of "actively trading" but of locating the best opportunities and trading size. Otherwise, one is just overtrading with no particular purpose." In essence, you capitalize on the few times price is around the extremes instead of trading SLA without AMT every single day, correct? 2. You are trading "far less than anyone else who is attempting to implement it". It seems like all the newbs (including myself) are getting so narrowed in on perfecting SLA that they forget the appropriate context to apply it, would you agree? Patience is a virtue. An issue of ambiguity I'm having is to know when to begin using SLA "at" these extremes. For instance, if the 9:30 open is NEAR an extreme, but not AT or ON an extreme, do you go ahead and trade SLA from the open? I recall reading one post where you said it was a "go mow your lawn day", but I cant remember where I read it. Obviously that day was probably around a mean, so I'm assuming you walk away from your charts if you see the day is opening at a mean? I HIGHLY appreciate all the hard work you've put into all these threads, DB... sincerely. You have given me hope in a time that I need it most, and led me to the water that might finally quench my financial thirst. Words cannot express my gratitude. I'm glad you're finding value in it, but the questions you've asked are essentially hypotheses that must be tested in order to find the answers that are best for you, and those may not be and probably won't be what are best for me.

Is anyone using a bit 'slower' chart for their entries and exits? I find a 5min chart easier to keep up with and see the bigger "waves". It also allows me to trail a bit longer going with the flow of the market. Of course, the trade-off is that my stops are a bit bigger and entries a few points later, occasionally. DB, would you advise against this? The laws of Supply and Demand work on all timeframes, correct? So I'm not really seeing any obvious pitfalls to a 5min vs. 1min, as long as one is using AMT as a backdrop. Since price is continuous, it doesn't really matter how you illustrate it. I use hourly charts in the SLA/AMT pdf.