Search found 157 matches

by eric-pal
Tue Sep 24, 2024 1:08 pm
Forum: The Price Action Lectures
Topic: 5 Minute – 1 Year Overview Early recognition/confirmation of bias
Replies: 2
Views: 106

Re: 5 Minute – 1 Year Overview Early recognition/confirmation of bias

Some good thinking happening. Consider two variables: 1) Global Bias (usually a slower variable to change) 2) Local Bias (can change very quickly First the difference between RTH & ETH. For RTH, the markets begin at 9:30 so it takes a little bit for the ema averages to catch up. So, on the open one ...
by eric-pal
Sun Aug 11, 2024 6:23 pm
Forum: The Price Action Lectures
Topic: Channel lines cutting through price bars
Replies: 1
Views: 120

Re: Channel lines cutting through price bars

There are evaluative sequences which are happening in both of the charts based on context. Please keep track of your questions here, as the entire evaluative process and how to read context and market state which needs to be built. The course works from the ground upwards, and please do the homework ...
by eric-pal
Sun Aug 11, 2024 5:35 pm
Forum: Open Discussion
Topic: The rules regarding trend and channel lines cutting through price bars
Replies: 3
Views: 148

Re: The rules regarding trend and channel lines cutting through price bars

The open forum area is an open inquisitive area for non members. Thanks!
by eric-pal
Sun Aug 11, 2024 3:50 pm
Forum: Open Discussion
Topic: The rules regarding trend and channel lines cutting through price bars
Replies: 3
Views: 148

Re: The rules regarding trend and channel lines cutting through price bars

Cheers!

This thread needs to be moved first to a private area. Then, if you could, please provide a little more insight into your current experience and background. Thank you.

Good trades to you!
by eric-pal
Fri Aug 09, 2024 9:36 pm
Forum: Open Discussion
Topic: Is there any free software that I can use to draw channel lines easily on JPEG files?
Replies: 1
Views: 90

Re: Is there any free software that I can use to draw channel lines easily on JPEG files?

If you are working with Ninja Trader, you could always bring up the files, mark them in platform, and then export. The Windows Paint program easily allows for drawing objects which includes lines. What you will find, when you understand the rules of how channels are drawn, is that after may ...
by eric-pal
Mon Jul 22, 2024 8:02 pm
Forum: The Price Action Lectures
Topic: Great course - few questions
Replies: 5
Views: 225

Re: Great course - few questions

great to hear! A good plan.
Keep moving forward and good trades to you!
by eric-pal
Sun Jul 21, 2024 8:36 pm
Forum: The Price Action Lectures
Topic: Great course - few questions
Replies: 5
Views: 225

Re: Great course - few questions

Your description is EXCELLENT! And this is why so many get lost, at least initially. They are looking to "check a box" vs understand what the participants are actually doing, and understanding the underlying directional strength, when present (trending or always in), or lack thereof (trading range ...
by eric-pal
Fri Jul 19, 2024 2:13 am
Forum: The Price Action Lectures
Topic: Great course - few questions
Replies: 5
Views: 225

Re: Great course - few questions

Thank you! A lot goes into making material accessible w/o becoming overly burdened. There is a lot to your questions, and there are some very good ones. Some of the answers are in line below, and I ask you to consider the following: remember, this isn't about the bars but what they represent. The ...
by eric-pal
Sun Apr 14, 2024 1:56 pm
Forum: The Price Action Lectures
Topic: Breakouts and Runners
Replies: 1
Views: 320

Re: Breakouts and Runners

Let's simplify, and hopefully in doing so, many things will "come into frame". A breakout has many different connotations. One can have a breakout of a trading range, the breakout of the previous bar, a breakout of a trend line. . . Because of this, the question becomes, how and when can a runner ...
by eric-pal
Tue Apr 09, 2024 9:08 pm
Forum: The Price Action Lectures
Topic: Charts to use for homework
Replies: 3
Views: 565

Re: Charts to use for homework

Each segment has a specific quality which should be reviewed by going through the charts. This isn't about thinking "what is this", but observing specific factors which are present within the charts which most likely have not been observed well. Why have they not been observed? Great question!!! It ...