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Hi, thanks for your comment, when you say that the 4H timeframe offers stronger reversals, you mean that Support and Resistance Levels visible in the 4H are more important in order to start a Reversal position, or that Reversals that are visible in the 4H have less chances of becoming breakouts?

Thanks, and I know is not easy, so I am not expecting to find the answer fast. But It is something I never explored before so I want to see where my exploration gets me, perhaps nowhere and I wont be able to make this a tradable system or perhaps I will, I just hope to learn something new in the...

Hi Sprout, great to see you found your way here as well! I am doing the whole Hershey drill, but it takes time as it is not the only approach I am following. So once I have the toolkit in my head I will be in a better position to interact with you regarding that method.

Thanks, I understand the logic of the Climax+Test in the second one where I can see after strong volume to the downside, prices bounce on what is still strong volume (compared to any volume bar during the downmove) to the upside and then comes the test on lower volume before prices form a small...

I am starting a journal with the goal of finding the nuances that diferentiate a Reversal from a continuation, in order to define what I understand by reversal and what I am looking for is the last countertrend movement before the trend turns into either a trading range (no more Higher Highs in...

Lcraston and Sprout, thank you very much for your help. I am very interested in both methods and as both have suggested, the only way to actually achieve anything is to roll up my sleeves and put myself to work. So that Is what I will do.

By this you mean the task that he specifies here? https://www.elitetrader.com/et/threads/sctlearning-from-scratch.282221/

This one is still eluding me, weakness could be a climactic volume before moving back into the range, or just an upwave with less volume after a climactic move. Or it could be that volume rose before or at the break, but then stalled before the reversal. For example, I took this chart from the...

Thanks I read the posts, and I think I understand the basics of AMT: Wait for the extreme (Range, Channel, Hinge) and price will most often than not return to the mean. As everything in trading that is easier said than done when it comes to applying that to real time trading decisions, as a...

Thank you, but the purpose of this thread is to understand what makes the difference in a Break out, based on the analysis of the behavior during the preceding congestion, in any time interval.

Thanks, I will do that!

Thanks, I was already reading this: https://www.elitetrader.com/et/threads/sctlearning-from-scratch.282221/ will keep you posted in my journey, I really appreciate your input!

Thanks I will give it a read! Are you a DB´s alumni?

Thanks I will do that

Hi Sprout, I have been away on vacation, but thanks for your comments, while I get back I would like to have time to read the theory behind all of this, can you help me with a link to where I can find it?

Thank you, this method has provided great clarity in the bar to bar observation, something I lacked. Here is a new attempt to comment a chart, the timestamp is included, I got lost regarding 1,2,3 when the trend accelerated after 10:05. The other thing I am having great issues with is the...

Perhaps you can help me understand this: "The path to determing what something is or is not resides in the Volume Pane." Spydertrader This was said regarding the definition of a movement as a Tape vs a traverse.

Ok, I gave it a try. Here is my first annotated chart:

Thanks, will look into that!

Thanks. Will look into that.