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Hi, Why would the PT2 -> PT3 volume decrease make it easier? We don't just enter somewhere between PT2 and PT3 do we? We enter on BO and this often goes too fast for me... What I can understand is that PT3's are very reliable. I mean, there's no doubt we just saw the PT3 after price really...

Thank you, but...... 4 words, 3 mistakes. Que tengas una buena semana. Now you can continue to point out my trading mistakes :p regards, Ivo

Guava, Pt3's are formed as FTT's or flaws (or LTL bounces). Just on a faster fractal / non dom channel. You see point 2-->3 on ES and this is just another channel if you zoom in. It's the same thing. Often on YM you can see it clearly (before any tape breakout). BTW for myself speaking I...

Just asking. Is he in Mexico? I'm currently in Mexico during the winter (actually until April). Maybe we can trade together :p regards, Ivo

These are FTT's indeed and the color corresponds with the channel. (except for the first red circle now that I see it) Result was nice indeed because I completely missed the 14:05 breakout and was up already 20 points by then. What did I do different in simtrading compared to trading live...

My chart for today. +21 points. Minor detail: went back to simtrading : - ) regards, Ivo

ljyoung = Jack ???? :D regards, Ivo

However you call it, aren't we just looking for a breakout of the triangle on increasing volume? regards, Ivo

If volume doesn't 'drop off' at the Open like today. Wat does that mean? regards, Ivo

Okay, I understand now. The drill isn't about the profit just about executing the method. However, the following remarks did make me think that profits were important, should be counted and could be made using the drill. At least it seems to me that you were counting profits just like I was...

I did Spyder's drill but I was not very succesful with respect to collecting points. I think I lost about 15 points before Bernanke's speech. Collecting points was not the objective however. The point is when is a bar really broken on increasing volume? Sometimes there's +PRV while the...

Spyder, If a bar is taken out on increasing volume (using PRV) we enter. What if that same bar at close did not turn out to be increasing volume compared to the previous bar? Does that matter with respect to this drill? This happens often BTW. Does that mean my judgement was wrong...

Just a question about this drill. If price breaks the low of the previous bar on increasing PRV we go short. What if that bar subsequently closes higher than the low of the previous bar. (so we have FBO). Do we still hold? regards, Ivo

I have the exact same problem Guava. My profits have been more consistent lately (max 3 points a day) but I never seem to be able to really apply the rules and next to this I still have big losing days usually because of being trigger happy. Seeing too many changes in a trend. So either it's...

SCT or not, in the future when we are (even more :-) skilled, confident and professional my opinion is we just have to be in moves like this. Why? The market was rolling over. We saw change (FTT). RTL break on increasing volume, next bar broken on increasing volume, etc. I knew it could be...

Same here Guava. I also missed it because I could not discover a good point 3 entry. And I noticed also yesterday (esp morning) there was a strong move and no good point 3 could be found. don't worry about it. Learn from it and we'll catch it next time. regards, Ivo

Hi, Just a note about the "down channel that never happened". Just wanted to mention that YM showed a clear FTT where ES touched LTL. So in fact we were looking for pt3 up and not pt3 down. regards, Ivo

Hi, Check my chart. Each traverse (channel within the forrest) should have a directional change before it's a channel. In general the breaking of the tape in the opposite direction. There is intra bar change at the 10 am bar. (first continuation down then decr black). The same should...

Hello, Hello, I haven't resigned myself to anything. It's just a fact that I perceive things differently at this moment when I have a position on and I think this is the case with almost everyone. I don't want to but it happens. Therefore I state that the most objective position is no...

Hi, I have the same problem. If you are early the trade always looks like failing at some point or worse: you reverse. Besides this if you've been in the market for 10 minutes it seems an eternity and staying objective is then kind of hard. Being early and gaining points quickly after...