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bi9foot, Thanks for the response. Actually the bright blue channel was close to there but I fanned it out to its present location because of the low and somewhat "lateral" movement of the price action. Perhaps the CO channel I constructed was not adequate to begin with. Your channel is much...

Found the activity in the orange box to be confusing. The 11:20 bar BO the fanned out tape channel on dec. volume. The :25 forms a dip and the :30 a close above the red RTL on increasing volume followed by th :35 bar that negates the BO and closes way back into the red channel. What...

First whole chart post in a while. Where does the time go :D. Notes: Wasn't here for the hour and a half (hence the paucity of annotation) and had a timely break at the very start of the afternoon run up. Per usual my timing is impeccable :cool: Also I had to scrunch the screen up to fit in all...

Very good advice indeed. [B]As a result, it appears you feel "with enough frequency" means "less than 10% of a trading day", and therefore, now feel you need to go down the rabbit hole, rather than, focus on the other 90% of the trading day which does not produce an Outside Bar.[B] Looks...

Okay...there I was. Monitoring and annotating like a freakin madman :D (not really a madman per se since I just rolled out of bed and plopped down in front of the computer), but "madman-like". Then the 11:20 to 11:35 scenario developed. I called an FTT on the 11:20 bar. The :25 bar didn't do...

Just my feeble advice. Unless and until you have the basics of the method (ES / YM / Volume / PRV) down cold the SS will only serve to confuse the issue.

Had difficulty with the outside bar at 10:40. The relatively low (although slightly increasing red volume) indicated to me that the down move wasn't very strong. The outside bar at 10:40 on increasing black volume seemed like a decent reversal signal but that was not to be. Other than increasing...

Since I didn't know her gender I contemplated referring to her as "it", but that seemed worse. So I made the call :D

Maybe...I duuno he's got things to do. Just a guess here. A proverbial shot in the dark :D

It might help to draw a steeper channel using the PT3 at the 11:25 bar as a PT1. This tape would highlight the FTT that appeared in the up channel.

The area highlighted by the yellow vertical lines gave me trouble. If in a downtrend I would have exited with break of light grey RTL, but the subsequent Price and Volume action would have batted me around (if I wasn't smart enough to know my limitations :D). I realize that on the 10:30 bar the...

This hits the nail on the head for me. It is not that I don't put in the hours for the past three years, I certainly do, but in the back of my mind I think the market should just move in my preferred direction. When it doesn't (whether as head fake or a reversal) I first get frustrated but...

It is the emotional/ psychological toll that I believe is the worse. All the years spent toiling at what can only be described at this point in time, as an abject failure and waste of time, effort and treasure. In the beginning there was unbridled excitement that people actually earn a...

Tums, Thanks for your comments. I subscribe to the Pr0crast theory of clean charts and delete what I believe to be non essential channels so I can better see the flow of the market. I used to have so many lines it got confusing for me. With that said, am I correct that you enter/exit using...

Well another day another negative effort. I think that's a full 30 days now of just using ES/YM/PRV to no avail. I wonder if this is a record?? guava is done for the day.

I would pay alot of money for information on how to either: A. Avoid a congestion area where I lose every freakin cent made during the past three hours. or B. Learn how to navigate the gawd awful thing to save the profits made and what ever sanity (what little there is) which remains.

Anyone know what program is used to open this? http://elitetrader.com/vb/showthread.php?threadid=54894&perpage=6&highlight=sweeps&pagenumber=213

If this is true for learning SCT no problem. If it is true for just learning and becoming profitable with the basics (ES/Volume/PRV and YM) than the future is pretty bleak. Unfortunately I just don't have two more years at my disposal to try to understand this method. Hopefully it is not...

I realize the amount of work and effort everyone has put into this method. I understand the periods of frustration and despair that are caused by the deficiencies in trading abilities. Without exception everyone of us long for the day that the hours, days, weeks and sometimes years of dedicated...

bi9foot, What probs do you have drawing tl's on QT?