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Bob, Your "entry" was way too late. I took the same "trade" but at 12:20:18 with an entry @ 1446. Coincidently this was the break of the high of the 12:15 bar but increasing black prv was clearly visible at that time. You were correctly anticipating the pt3. You just got in too late. FWIW, I...

Here we have the moment which I thought I saw the FTT (and square odd harmonic, for good measure).

Thanks for the feedback. I see the ym tape being broken at 15:30 on reducing volume, suggesting a new pt3 short channel. (see attached clip). I had concluded that the FTT was invalidated by 15:27, due to the increasing red prv. As a rule of thumb, I believe I am correct in thinking that...

The link below is to a video clip of what I saw as an FTT at 15:26:12 @ 1454.00 . At the point of decision we also had a square odd harmonic. Within one minute is became clear that it wasn't an FTT. I would be interested to hear at what point in time others felt that an FTT was invalidated...

The link below shows the video clip of the bar that bundlemaker was referring to on 01/29/07. http://rapidshare.com/files/53321025/20070129clip.avi.html The prv begins higher, then goes lower, higher, and lower than the previous bar. The attached chart clip also shows the bar, but with EST...

Mak, please ignore my clip. It was not what Bob is describing.

Yes I understand. My apologies for an inappropriate post.

The following clip may be an example of what Bob is referring to, where we see the phenomenon of flipping blk/red/blk red: http://rapidshare.com/files/53228710/20070808clip.avi.html The clip is about 3mins long and about 14Mb. This was a case of an anticipated ftt at 14:30 on 8th August...

The concept of increasing/decreasing prv as an indication of continuation/change is fine until one gets an intra bar reversal. In those circumstances, is the best approach to move (temporarily) to a faster fractal or just make a mental allocation of red vs black volume within the bar?

Very little I suspect. Unless of course it's at an FTT.....

Well that advice would cut out a hell of a lot of people, myself included. The ability to distinguish between ftts and flaws, particularly at the forest level, appears crucial to avoiding the numerous small losses that erode any profitability.

This phrase has always troubled me. It can be read in the sense that there is only one possible outcome, given the current situation. I do not believe this to be true. Someone please correct me if I am wrong, but my understanding of what Spyder is saying is this, for example: "If this is an...

Direction of price movement is not determined by the size of orders on Bbid/Bask. As I am sure you know, it is determined by buyers and sellers who step up to the plate and trade. If we have 20 on the bid and 1000 on the ask and someone buys 1000, price will tick up. One cannot simply expect the...

The wall did not return as price passed through 68.75 On close observation I am surprised to see orders filling on the T&S that are numerically greater than the quantities on the BBid/BAsk so I can only conclude that the orders are being filled faster than the digits can appear on the DOM...

The following link is a short video showing how 4k is added below the bid (at 1468.75 @11:19:43) and then removed 6 seconds later. After studying the DOM for a few days, I have noticed that this occurs frequently, where walls are created and then removed very quickly, several ticks away from the...

My understanding is that the finer tools will enable the earlier identification of ftts and flaws but do they improve the identification process? I guess if one sees a wall appear on the dom shortly after entering on an ftt, then it reduces the likelihood of the ftt proceeding through to rtl bo...

This raises some interesting questions regarding how soon one can recognise the misidentification of an ftt, i.e what turns out to be a flaw. Assuming the context of a long pt 3 channel and a short entry on the basis of concluding that an ftt has occurred, what are the criteria that would...

I would like to mention that in the above post, I used the word "tape" when in fact I meant "narrow pt3 channel". My apologies for any confusion.

I suspect that we are mixing resolution levels. The 14:10 ftt began a short tape. The high of 14:20 gave us a pt3, at 14:30 we have a stall, at 14:35 we have an ftt of the tape and peaking vol. However, the tape RTL is broken on reducing black volume, implying short channel still intact...

We simply cannot know what will happen. We can only seek validation or invalidation of conclusions that we reach from the data that we monitor and analyse. In other words, having reached a conclusion regarding now we let the market validate or invalidate our conclusion and we act accordingly.