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Why didn't Taleb learn to bookmark????? LOL...... Does anyone see how staying on the correct side of the market works????? I know, no one can figure out how to see an ftt when it happens. Look on the YM 2 minute to see "inside" the ES 5 minute. what if you are a little sloppy and...

You go through the bookmark on bar 12 and see another ftt where you make another point in profits. that puts you short through the end of bar 14 where you go long and take another ride up to bar 20 where you then go short again to take the ride to the bottom of bar 23. There you ride long...

On this BO of the lateral we have a black stitch. So fan the original rtl to include the lateral and see that the stitch second bar is the FTT afterthe book mark you reversed on and then went to the ftt to take another round of profits. (1 point). So bookmark and reverse short.

Bar 10 gives us a lateral Keep your case sheet handy.

we took profits at the top of bar 8, bookmarked it and we are reversed short. The long trade was three bars and went from 66.50 to 70.75. On bar 9 we have a SYM.

Bar 7 is not a VE and not an FTT. We are past point 3 and looking for an ftt. The drill is to reverse on the ftt, book mark it and annotate. This keeps us on the right side of the market and always taking the offer for the whole pattern thqt is underway. Oh by the way, they are...

So the open was a six bar price move and we are long and bookmarked and annotated for bar 7.

We end bar 6 holding long after our fourth ftt of the day. For those who follow the pattern, you can see where we are as the bars of the day pass. we are ahead about 10 points of realized profits and holding long on bar 7. We need to annotate the bar 7 as soon as possible to know that...

we have many trades in by now. some make money others get us on the right side of the market by washing at bookmarked prices. The last money maker was from 72 down to 68.5, only a little ovr 10% of margin. Our total run so far is from 75.5. We go short on bar 6 at the bookmark and...

Bar 5 starts out as a SYM and goes to a FBP. Is it an ftt? Yes it is. reverse long and bookmark bar 5 bottom

This is the correct situation for annotating. Don't get sloppy.

Look at bar 4 Do you have an ftt? Do you have a VE? No you do not. You hold after you did the wash reverse back short when the bookmark was hit. do you put in this bookmark on the bottom of the bar? No you do not since there is no ftt AND you aree already short.

Reverse short when price on bar 3 comes to the book mark. You are now short and picking up making money where your first trade left off taking profits. On the ftt of bar 3 reverse long. Bookmark the ftt in green. You made an additional 3 ticks on this trade on the ftt. You are long...

Now we go to bar 3 and SEE it is open and going south. right here and now we are on the ball and looking for whatever the market tells us. Look at you logging. The SYM is forming going south. Put in a fan on the rtl. Add an ltl.

So the first trade was from 75.5 down to the ftt @ 72.0 more or less. At the ftt a reversal occurree going long. A bookmark is put in to show the wash value if a wash is required due to a market sentiment change from long to short. The bookmark is green in color and it is at a wash...

Thre can be an argument on how bar two formed. If an arguement is done then both people use their loggsequence for bar 2 to discuss the sequence of forming bar 2. as both people log the formation of the bar they are also putting in the ltl once they have the slope of the rtl determined...

Bar 2 lets you draw the rtl when the top of the bar occurs. Look a quarter of the way down the first page of your long to see the top put in during the formation of the second bar this is point 3 and you KNOW an ftt is going after point 3. you reverse long when the ftt occurs.

we use these two bars to draw the trend. Use your sheet of cases to find out how to handle these two bars. There are 10 cases. Here you see a black to red stitch which tells you the case is a short stitchat the end of the bar. For making 100,000 a day on a daily basis we play hard...

The prints of the posts from this thread go into a three ring binder and they are sorted according to four main parts: Markets, Trader, carry over and making money. there will be a series of posts that show how MADA works bar to bar to build an SCT trading approach. We will take a person...

I'll head over to where the rubber meets the road thread and explain how to be a beginner who trades the ES and continues to take the market's offer by keeping it KISS.