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It's all easy reasoning afterwards :-) What helped me is watching stretch/squeeze because we were getting positive stretch values the whole time on important moments. It did not confirm any of the FTT's and often it invalidaded them. I cannot mention specific examples right now but I saw 3 times...

Hi All, Could someone pls post the volume levels for ES and YM where we are supposed to draw the lines? regards, Ivo

Because YM leads ES. We're trying to spot changes in sentiment. This starts on YM. Ivo

I was waiting for pt3 down as well but never got one. (so no trade and no loss). Volume at 10:05 and 10:10 was very high and we needed even higher volume to go down more. We never got this volume. However, I expected at least another FTT because the one at 10:20 did not convince me. However...

My chart for the morning. regards, Ivo

Have to leave early so here's my chart for the morning. The good thing: - +4 points, no surprises, no losing trades at all. Caught pt 3's on exactly the right moment. bad thing: - did not hold onto winners. Else +4 would have been +12. Obviously this is the next step: having faith in my...

Huh.. yeah that is not very useful. I use esign BTW. It was an FTT moment that's why I checked str/sq at that moment. Ivo

Look at this strong stretch / squeeze value exactly when the market turned at 9:56. BTW my lines are currrently not -2 and +2 but -4 +4 or so. Ivo

I also find it hard to enter further from best possible entry but I really think entering at FTT is for intermediate traders. First of all you need to know if it's an FTT or not. You may be taken out by the next bar, the next one think okay now it must be an FTT, etc. Furthermore...

I have a question for the more experienced traders (Mak? Bundle? Anyone else?) Did you notice the very strong stretch signal (I saw -10) about a minute after the opening and do you think this was a clear indication with respect to where the market was going after that? I lack the experience...

Just keep an eye on the str/sq while simtrading. It might help, maybe it's just what you need. For me it sometimes acts as a filter and tells me to not take the trade (very important) and sometimes it acts as confirmation right after taking the trade. It's all additional information but can...

Sim until I feel I trade good enough. Have paid enough tuition in the past. Still have losing days, still have too many moments when I have no clue what's going on and I still trade too imulsive. My rule is to start trading for real when I am comfortable and satisfied with the results. There...

Chart for this morning. Very nice range. Trading was no problem at all. Took many points. I think the stretch / squeeze was just what I needed. It definately makes things easier for me. Regards, Ivo

Exactly. The only thing that matters is the value of the spread at important moments like at RTL, FTT's and point 3's. And it seems very useful again today. regards, Ivo

chart for the morning. No surprises. Ivo

According to my observation the volume is (much) higher than the volume of the surrounding bars. I prefer however to wait another bar before calling it an FTT. It is also interesting to see price action on the moment an FTT is formed. IMO it's different from non FTT bars. Str/sq should give...

Spyder, Mak. A question about str/sq. Do you relate bars to previous bars? I mean , is there something like "Mmm. right now str/sq is +3 and also last bar and the bar before that it was > + 2 and it doesn't go down much". Can conclusions be drawn from str/sq values over several bars or...

I disagree. For example I saw a moment at the end of the day when price was at RTL. Volume very low and str/sq gave a significant signal. Especially when YM and ES don't move much like at RTL breakthru (an important moment) it seems useful. For example if you think you have a point 3 in an...

Chart for the morning. Hard to trade today so far. I must say that stretch squeeze does give clarity and confirmation on important bars. Sometimes it invalidates what you're thinking and sometimes it confirms. Sometimes there are several signals in a row on important moments. It's very...

I also have a question related to this. I notice when there's more lateral movement the 1-2-3 setups come faster after eachother than when there's more direction. Is this something you can confirm? regards. Ivo