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romanus - I've had to wade through countless pages of your "thinking out loud" and brain farts. The least you can do is respect my turn to ask questions.

Oh come on, don't recite. Think. Volume peaked in the dominant traverse. We are then in change modus. The FTT comes as anticipated and price breaks the dominant traverse RTL in the non-dom traverse. All that's changed in the last couple of weeks is a new definition of Peak Volume...

I still fail to see why a traverse level trader cannot make informed decisions and actions throughout the day in question using the ES only. Am I the only one? One more go: I've annotated some of my observations on your chart for discussion (see also my last couple of posts and also Mr...

Luckily for my mental health I knew you were going to say that, so I was not taken by surprise. It was peak volume, dammit! :D

Peak Volume followed by FTT. Works for me anyway.

Sure it did! I think ehorn's analysis of the dominant traverse was spot on (where he posted the chart snippet). In other words I believe the traverse level trader had every reason to reverse to long after the anticipated FTT (following Peak Volume* in the dom traverse) and hold through the...

Just adding this to the mix. No I didn't trade it, but it seems to fit the criteria Jack teaches. I'm sure some people can see that.

You're right, it's actually 1 + 0 = 1. I figured out early on that it will be worth the effort to learn, to get to a place where you CAN know. It's a discounted present value thing. My grandchildren will sure be glad I made the effort, as will others I intend to help. My wife might even...

A corrected chart snippet.

It's clear to me (now) that where I was considering the possibility of a P2 long, this was not a possibility at all because of the FTT of the "dominant" traverse before a 123 channel had been established. To get to a possible channel P2 we must have seen a full traverse of the green, at the...

Thanks, that helps a lot. I have 3 follow up questions: [/b] 1. Was the actual point of the FTT the start (the open to high movement) of the next bar? [/b] 2. Do you mean a traverse of the carry over short which started on Wednesday? 3. Do you consider, even if you don't annotate...

Spyder please see the attached annotated chart with some questions, the answers to which will help me along. (Your previous answers certainly did help and this is a related follow up.) ES July 25 2008 The context was that I was long early in the green channel but held through the FTT at...

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There was no ftt on the faster/steeper fractal. That reminds me, when are we going to discuss Jack's 7 2-bar cases? (For the avoidance of doubt, I was not looking at this bar in real time, I went to bed just before 12. Just so everyone is clear on that.)

No I don't, it is pink, similar to Spyder's background shading of IBGS bars. :D Look at my volume pane. Thanks for looking though.

Hi Spyder No action on 12:05 (open time) bar? Looks like an FTT. I have a question the answer to which I think will help me along and maybe others too. Please see the attachment. I can see the differences in your annotations to mine (principally starting a new channel whereas I fanned...

I composed the previous post while waiting for this short. I'm finally taking my own advice, LOL.

Some tips for active monitoring. Nothing is more frustrating than being told that you have to go back to the start and sit and watch price/volume action all day. Nothing that is except losing money. To ensure that you are getting the most out of your monitoring, in addition to full...

And the FTT occurs after you have had peak volume for the channel and are therefore in Change modus for the channel. Price fails to traverse despite increasing volume. Big clue. Huge.

Start with the 4 cell matrix. Imagine that is the outer container we are considering, to monitor the IT trend for example (or a leg in a W or M day). It sets the relevant context. Now divide each cell into 4 to give 16 cells. These cells can be used to track the PV changes on your faster...