Search results

Here my ES for the morning. Best thing for me was to see the breakout at 10:30 and volume was getting lower and lower on ES as well as YM so I did not look for pt 3. Also there was no preceeding FTT.. regards, Ivo

Yes I know. I do take papertrading seriously. At this moment I just papertrade and some SPY's to gain more experience. It's hard though seeing all these great opportunities come by due to increased volatility at this moment. regards, Ivo

Yes I know. I stayed in the trade and got 12 points alltogether for the day but I am papertrading and this is different. Ivo

On this milestone page 300 :-) I want to say I agree completely with this. I feel privileged to be able to follow this invaluable journey. I'm starting to see more and more things every day based on real data that I process into information and not based on fear, greed, hope and desire and...

Is anyone here using Quotetracker? For determining PRV of important bars I have found it's pace indicator useful. It displays volume activity as a percentage of preceeding volume activity. For example, it could display 60% on the setting one minute which means volume activity of the last...

Thank you for explaining Spyder. I understand now. It's peaking red volume followed by decreasing black = change. thanks, Ivo

Okay, I understand. But you need to see substantial black volume else I would not call it reverse. We need red but certainly also we need black. Or is it just enough to see a lot of red volume and see this bar ending higher on small black volume? One could say "despite all this red volume...

Hello Spyder, A question about your chart. There's this FTT where you mention "A significant portion of this bar is red volume". What exactly do you mean by this? I mean this information would support that it is not an FTT but it was one. Also this bar ends higher than where it opened and...

No need to scalp today, the moves are good especially in the afternoon. Ivo

Hi all, I have a question about FTT's. A very important part of this method is identifying the FTT's. Is there anything you can say about the FTT's. What kind of FTT's are reliable and which ones are more likely to be a flaw? There must be a difference between them. For example I like...

If you are not sure you cannot perform the same (that is: follow the same rules) then you're not ready to use real money or trading too big because unconsciously you're not convinced the method works if you follow the rules. IMO that's tampering with the rules and from one thing comes the...

When the second bar of the HVS did not close higher than the first one you could have known it was an HVS. Even if you didn't notice the HVS you should have held it as there is no signal of change. (no FTT + no RTL broken) If you draw a tape from the FTT down, that tape was not broken...

You watch price going to RTL and break it. Then wait for 1-2-3 setup and get in on pt 3. If it doesn't break wait for next FTT. Mm. after third bar = 15 minutes. Seems a little late to me and I would not get in at that moment anymore. For me it has to be the same bar or the one after it but...

Bundle, thanks for sharing. You are smart because you were simtrading, making errors and learning from it. regards, Ivo

It's the easiest when you understand the logic behind the gaussians and what to expect. Imagine an uptrend. You see an FTT. This FTT has usually red volume. So it's a bar preferably with a big shadow on top that doesn't reach LTL. After that we should not have a lot of black volume. There can be...

I was drawing this channel starting bar 8. I don't know why but it just seemed to match better but I don't draw my channels immediately but wait a while. Maybe it has to do with volatility decreasing after the 7th bar. It's just an up channel that goes from very past pace to fast and then...

Thanks for the suggestion, I'm doing it. You should see SPY right now going all over the place (bid, ask and traded). Incredible this volatility. At least I took the ride on the first FTT from 1384 to 1400 so that's good. regards, Ivo

Yep, me. I cannot get it to work. I also get some strange MYid.exe error (on different PC's BTW). regards, Ivo

Thank you for the advice. Especially when volatility decreases (bars becoming shorter and less volume) it is important to wait I noticed. Before taking a trade I should look at volatility. Is it low then wait longer for clarity. Ivo

It seems that my channels are too "tight". When I start drawing channels. Price does not stay long inside and there are some outside bars that are part of the channel or of a new or wider channel. Maybe this means the channels are drawn too early. This is why I trade much better when I come...