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Nice work. Good to see individuals applying these lessons in various markets around the world. Just an FYI for you, check your FBO definition. FBO's (for the purposes of this Journal) occur when price Fails to Break Out of the Right Trend Line. What you have marked on your chart as an FBO is a...

From USENET in 1998 straight through to posting on ET today, Jack has given away his methods for free. Yet somehow, Batterup reaches the conclusion that Jack must be trying to scam people somehow and fleece them of their money. Hasn't done it in 9 years, but he must be getting ready. Priceless...

Busch Series Montoya spins Pruett to claim first Busch Series win. - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1383198>

Nothing to do with 'market action.' Tape = Two Bar Channel Point Three = Three Bars / Points used to create the channel. Bundlemaker's Video explains this nicely. - Spydertrader

See Attached. I have 'fanned' out the channel slightly to contain the most current price bar. Note The Gaussian Changes needed for Price to create a Point Three (a second FTT within the current down channel) as well as what is needed to see continuation onto downward Price Movement (arrows in...

Start with the video. It may be all you need. Price formed the Blue Down Channel before breaking your Pink Channel. Price isn't required to Break an uptrend before forming a downtrend. Channels overlap. See my post to bucherwin. No need for an apology. As nkhoi pointed out to you...

At the Forest level Resolution, we do not take action until we either 'see' a Point Three formation ('entry') or 'see' Price cross the right side trend line ('exit') - what we call the RTL. I have market the RTL in the attached chart snippet. Taking action upon viewing an FTT occurs at the Tree...

You have an incomplete understanding of what does and does not constitute an FTT and a Point Three Channel. As a result, your analysis has you arriving at incorrect conclusions. To fix this situation, you need to review bundlemaker's video. If by the end of the video, you still require...

In my mind (at the time) I did consider the 13:10 bar as a possible FTT. I imagine many people did. Again, in a sorta' 'real-time like' version of hindsight, we need to look for data sets which confirm an FTT or data which does not. Considering the 13:15 bar initially sees price head higher, it...

Anyone still having problems downloading web data while using Wealth-Lab Developer? This Article illustrates how to change the default setting from Yahoo to MSN for Web Data. Hope this helps. - Spydertrader

Note the attached DAX Chart. 1. You need to do a much better job with annotation. If you cannot properly place channels into your charts, how can you expect to correctly differentiate between continuation and change? By example, note your bright green up channel (coming in from the left of...

Any Market, Any timeframe - provided sufficient Liquidity exists. If one is learning to trade on a 'Forest Level' Resolution, yes. - Spydertrader

Your comments speak more to your character than anyone else's. For almost three years, I have provided assistance to anyone who asked, free of charge. I have often spent my own money to travel and assist those who asked. If, as you claim, money provided my motivation, I would have simply...

Bingo. Eventually, you'll get to a point where you'll just 'look' and 'know' what is what. The best analogy is driving your car. When you started (at 15 or 16 years old), you had a mental check list (Check the mirrors, check the blind spot, watch your speed, hit the turn signal, turn left)...

Actually, you raise a very good question. BA_Trader has been at this a while. Most likely, his experience allows him to monitor at a finer resolution level - bar to bar or even within a bar (what I have termed leaves or bug level). Those starting out, monitor at the Coarse Level (Forest) for...

PRV (Pro-Rata Volume) compares Volume levels NOW in order to anticipate Volume Levels by End of Bar. If one has 2000 contracts traded in the first 15 seconds of the Bar, then one can anticipate seeing 40,000 contracts traded by End of Bar (four 15 second intervals per minute x 5 minutes per bar...

'Significant portion' means, "more than a small amount." I have no idea how you reached this conclusion, but you reached it in error. There is nothing to support or disprove. We either have an FTT or we do not. Clearly we do. 1. It didn't and 'as high' though (not that it matters) 2...

Glad you found it useful. In the beginning (when entering / reversing on FTT's) we exit on an FBO, as one gains more experience (and recognizes an FBO as a signal for change), instead of exiting on an FBO, a trader will reverse. Since some people had some difficulty locating FTT's in a...

This One will drive you up the wall. - Spydertrader

Busch Series The Busch Series races in Mexico at Autodromo Hermanos Rodriguez - Sunday 1:30 PM Eastern Time on ESPN2. - Spydertrader