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Once again, I have only marked the FTT signals for today. In this fashion, you can compare your own signals with the ones I have marked during debriefing of your day. - Spydertrader

For those who may have developed some confusion as the topic shifts back and forth between equities and futures, I wanted to once again remind everyone of the current plan to split the futures and equities discussions at the end of 2006. Although many (if not all) of the methods overlap between...

Granted, the entire annotated chart uses 'hindsight' analysis, but drawing in the various trend lines, allows a trader to see what might have been. Even if one assumes a trader only has the ability to capture half of the distance between FTT's on the QQQ, the attached chart shows many profitable...

With an average distance of $1.33 between each FTT (low near .43 cents and high near $4.55), I would respectfully disagree with your analysis. It ain't the futures (then again, what is?), but plenty of money in the cubes for the taking. I'll say it again, FTT's work in any market and on any time...

Follow the FTT's until one of the competing trends takes hold and dominates price. - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1299703>

As requested, Today's YM Chart. - Spydertrader

Earnhardt family feud heats up Racing series NASCAR Date 2006-12-16 (New York City) By Linda Przygodski - Motorsport.com The Earnhardt family feud is heating up. Teresa Earnhardt, the widow of the late Dale Earnhardt and stepmother of Dale Earnhardt, Jr. took a...

Due to Time Constraints today, I have only marked the FTT Signals on this Chart. Hopefully, you all had similar channels to the ones I have drawn in here. Good Trading to you all. - Spydertrader

Kinda'? Yes. Close Enough? No. I recommend you remove everything, except for price and volume and learn to draw in channels on the ES (not the YM). The YM part comes in later. Learn to locate the FTT's as discussed previously in this Journal. Compare your channels to the charts posted here. Once...

We have seen this before. The discrepancies result from different web sites using either Quarterly or Yearly EPS values. I believe Quote.com uses yearly EPS values (last I checked). Again, thanks for bringing RBAK to everyone's attention. - Spydertrader

After your post, I went back and reviewed the RBAK Chart. Price had just finished a 20% run on Friday - providing the 5th such run in the last six months. Normally, the chartscript takes a day or two to recognize the last trend when price sits on the left trend line (as it does with RBAK)...

Forget stops. Forget everything you thought you knew before about the markets. Set it completely aside, out of sight and out of mind. Starting with bar one of your chart, you offered up the experimental position that you were long. We can start there. On Bar Six (again on your chart) price fails...

I agree with your observation with respect to debating two seemingly divergent methods within a single thread causes unneeded confusion. However, The methods as I have described them require nothing more than a monitoring of price and volume - nothing complex at all. As such, while Jack's...

Correct. Price failed to 'break out' of the Green up channel following an FTT (also in Green lactated at your circled 'Area One'). The FBO remains a significant point to observe because Beginner Traders exit on an FBO, and Intermediate or Advanced Traders reverse at these points. The...

You should feel comfortable in choosing any stocks you want to trade using any methodology you prefer. - Spydertrader

Rather than take my word for it, talk to some of the ET Members who have recently started to bank some real money using these very same methods. You can find them in the ET Chatroom almost any day talking about the turning points in the ES (and in other markets as well). Send a PM to the author...

One need look no further than the ET chat logs to find where I have stated I have seen Jack take extremely large numbers of points out of the ES Market. As to the exact date, look to the June or July FOMC dates - I do not recall which at present. However, no need to track the success or failure...

Yahoo Finance gives you a three month moving average which comes very close. Click Here for Answer. Good Journey to you. - Spydertrader

Thank-you for taking the time to post such a detailed response. I have no doubt many will find your efforts both educational and inspirational to their own trading. Keep up the great work, and feel free to continue to update everyone on your progress. Good trading to you. - Spydertrader

As requested, Today's YM Chart - Spydertrader