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Based on the limits of your software, it appears you have everything set as Jack described. I have recommended to others to begin by using only price (and channels) in an effort to locate the FTT (See posts I, II & III linked above). However, follow the directions as Jack has recommended, and...

Today's ES Chart. Enjoy the weekend all. - Spydertrader

Jack describes the channel drawing process, step by step (complete with easy to understand .gif files), in DbPhoenix's Determining Trend Thread. If you still have difficulty, you might try the Channels for Building Wealth v2.2.pdf. Good Trading to you. - Spydertrader

Combine what you have gleaned from Jack's posts with these posts. See if that doesn't clear things up a bit for you. Post One Post Two Post Three Good Trading to you. - Spydertrader

You may either build you own Universe from scratch or use the current Universe and add any stocks you find moving forward. Building your own Universe reinforces the lessons of how the methodology works. Starting off with the current Universe permits you to 'see' more signals while you learn...

You use the chartscript indicated by the instructions at the point you find yourself in the Journals. As you read, the Journals indicate where Chartscript Upgrades occur. Do not skip ahead. You are in the process of building your Final Universe. You may, or you may not have a trade signal as you...

Congrats on your success. For the benefit of those who have found it difficult to 'see' the market in the same manner as you, could you elaborate on how you find the FTT's so quickly? Perhaps, you could give an example on what aspects of the market you focus? I believe many would find such a...

I recommend continuing to read through the Journals - one step at a time. Take the necessary time now to build a strong foundation for the future. No matter your current level of anticipation, do NOT begin to trade live until you have a complete understanding of the methodology. Read through...

The Daily Watchlist in Journal One consists of stocks we want to monitor the following market day. We monitor these stocks looking for price and volume break outs. Keep reading through the Journals, and take good notes as you go. As I am sure others can comment, you'll learn quite a bit if...

Today's ES Chart. See highlighted area for above post. - Spydertrader

Sometimes referred to as 'the wall' of contracts, notice the imbalance on the DOM right at the point where price briefly headed south. I have highlighted this area at the 14:25 bar on the chart (soon to be posted) below. Right side T$S has all contracts added. Left side T&S I have filtered...

FTT (Failure to Traverse) on 12-11-2006 in the down channel signalling a bull move. I'm long the ET07H futs. :D - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1295704>

You have correctly followed procedure. Nicely done. The differences between your Universe and mine stem from 2 things - 1. My list is much older and contains stocks which made it in long ago. 2. I used different values for EPS. Keep up the great work. - Spydertrader

HVS = High Volatility Stall EW & 8-ball = EllisWyatt & 8-ball - two traders who requested I highlight areas on the ES chart discussed in the ET Chatroom. No. for now, only trade the FTT's If by 'second line,' you mean the left trend line (bottom line) then yes, you have it correct...

Akin to driving a car, a trader needs to anticipate into the future. Using your mind's eye, project the chart pattern a single bar ahead. What do you see? Now, try anticipating a few bars ahead. Use the market signals to confirm or invalidate the hypothesis created in the mind's eye. Over time...

If you begin with 80 for EPS and RS, you'll start with a bigger list. However, you have things started off just fine. Ten Stocks Not at this point in the culling process. Again, Ten Stocks. You are creating three lists of Ten Stocks 200,000 minimum Average Daily Volume Here...

The point to which you refer actually has two FTT's from two different channels. The first (I failed to annotate) is an FTT of the orange (thick lines) down trend. The second refers to the trend annotated by Spooz in his chart above. I don't add these steep trends as I feel they add too much...

If you choose to monitor on the 30 minute fractal, even after your initial entry, then yes, you properly followed the rule set. However, most follow the daily fractal after the initial entry in an effort to avoid early shakeout. I score the trade a wash if the result falls within +/- half a...

Nicely done. I believe these are the 'medium weight channels' to which Jack often refers - larger than traverses, but smaller than the dominant trends. I do not draw these channels in (normally). The slope of such channels being too steep, I do not see the trend as sustainable - beyond the...

from Jayski.... http://jayski.com/teams/24.htm Jeff Gordon and Wife Expecting Baby: Ingrid Vandebosch, wife of four-time Cup Series champion #24-Jeff Gordon, is pregnant. "We're obviously very excited," said Gordon, who announced his engagement at Infineon Raceway in June and married...