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Hi, This bar: - just formed a point three up - broke out of congestion area - has relatively high volume and is large - takes out 8 former bars - closes almost at its high You are getting volume here in the direction of the trend. It does not touch LTL but the next bar could just as...

David, I would not have taken this long trade (from a neutral perspective) at all because of the following reasons: 1. There's no FTT or sign of FTT on YM. We see a bar with large shadow on the bottom + an inside bar forming. No big deal. We need additional signals. YM doesn't show it...

Yeah. Forget about SCT. Thinking you should always "be in" is ridiculous unless you have a lot of experience and always know what's going on. Collecting points is all that matters. Only take the trades where you "know for sure". Period. This is fun and automatically you will take more and...

My suggestion. Start posting your charts with annotations. I don't remember you did this on a regular basis (others including myself did). That's where it all starts. regards, Ivo

Difficult afternoon. One of the most difficult thinks for me is that I often stick to my (trading) rhythm although the rhythm of the market has changed... Sometimes the smallest FTT like bar has to be traded immediately followed by another one soon thereafter. No time to wait. Other times...

Another nice DAX trade using JH system. Note the grey downchannel. Breakout happened but we still needed a point 3 down (or at least an attempt...) which came but failed to continue and resulted in FBO and FTT at the same time. Note the red FTT and the volume levels compared to the volume...

Sometimes it actually looks like retraces in very steep channels are in the direction of the channel (dominant direction). For example the last 1-2-3 channel of the day. It looks like price just cannot go up on the left to right retrace from 1->2. Funny regards, Ivo

Haha, ok now I see it... sorry. regards, Ivo

I agree 100% The only thing that matters is to continue to learn to understand the market. Ivo

It looks there's a small little bar between 15:30 and 15:35... what is it? Did you add it later manually? There's no volume bar either for it. On ES I did not notice an FTT there (on YM yes) regards, Ivo

My trading improved when I realised I had to wait for a point three, that a tape is not a channel, and when I started to understand the fractal nature of the market (1-2-3's and FTT's on every fractal). It will improve more when I realise quicker we are having a slow period so I don't enter...

Just wanted to share this nice DAX trade for about 30 points. regards, Ivo

Hi, Just a question about PRV. Maybe I missed something very basic. Imagine a potential FTT bar. PRV after one minute is 90% of the former bar so it could be an FTT. We know that volume will turn out about 90% of the previous bar. But we don't know where price will close within the bar...

First you take the trade (because it looks like FTT). Then you find out it's a flaw (based on PRV) so you know the trend will continue (but you don't know when yet). As soon as you find out which kind of flaw it is you can trade accordingly. For example a HVS is traded different then a hitch or...

You can recognise it is a flaw while the flaw is being formed even before knowing which kind it of flaw it is based on the characteristics of the flaw such as volume. Knowing which flaws exists helps you even better to recognise the particular flaw at that moment. Because you know it's a...

Yep, that's how I see it. It's the market orders that are important. They want to buy (or sell) and they want it now. So if you want to buy 1000 contracts you can either enter a market order or eat the wall (hit the ask) if you know there is enough supply. regards, Ivo

Hi all, 10:45 - 10:50 was a problem for me. There had not been a flaw or VE yet so I was expecting price to continue going up especially after the 10:50 bar which is an outside bar. Of course the whole thing (10:15 - 10:45) was just a retrace from the 10 o click bar so maybe I should have...

Get out or reverse as soon as you notice you are on the wrong side. This does not mean that price must has moved against your position already. It's just that something occurs that should not occur had you been on the right side. If you reverse quickly you will make up for any lost ticks...

Hi all, Bundle's post about looking for an FTT AFTER you've found a point three got me thinking and I know what I have been doing wrong. I share it because maybe others are also experiencing this. I forgot to count until three.... Amazing. Been working on this for months and I was still...

That's what's happening here. I was papertrading with good profits every day and hardly any losing trade. Then it suddenly all stopped and I am still trying to analyse why. Maybe I was too confident or predicting. I think it started after a few losing trades. Maybe I need to go more back to the...