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NICE! VERY! Don't second guess your self and your lines. Your ARE SEEING them. Be strict and rigid so that we can call what it is, what it is!. Your chart is nearly identical to mine. I reinforced the strict PV lines... You can check every single one of these bars along with the volume. I...

Fair enough! As traders, we are always prone to losses. Typically this happens when we misidentify what the data is saying. Believe it or not, I am doing the bar by bar to show a bigger picture then the 5M and how the FTT of the current picture is of the bigger picture. We can then go finer and...

You can also use the FREE "ALT + PRNTSCRN" button above the function keys. If you use just PRINTSCRN it takes a snapshot of the whole desktop screen. If you use it with ALT, it captures the active window. The copy is put in your clipboard viewer, and usually I just paste into paint...

@redduke... There is certainly many ways to skin the cat. Trading is all about finding a way of tapping the flow so to speak. FTTs are very special and I know how to interpret them in a variety of frameworks including one that relies on volume range bars. They are great for seeing big picture...

Personally, IMO, the purest is true DOM bars. Range bars come close but they could be better even when they are set to the Bid/Ask difference. If RANGE bars would plot the BID/ASK SPREAD and use the T&S volume for the RANGE, it would be perfect. The problem with Volume bars is unfortunately, we...

Bar 8... a. P extends hi of bar 7 b. -PRV Although I get my bar extension, I do not like the V play. With -PRV, I would have expected the bar NOT to extend the hi of bar 7. Instead I was immediately expecting bar 8 to start retracing. I was expecting bar 7 to give my pt2 and bar 8 to working...

In this particular chart, I do not see any "outliers" (ie. out of whack data). The line you are looking for should then be a mean. If you plot the mean of each pace, then you will find the functional relationship of what you think should be a linear relationship. The other way would be to do a...

The afternoon will be interesting. It was a lengthy SHORT run this morning. The whole football analogy is spectacular. Your RTL is the line of scrimmage wrt profits. LTL is 1st DOWN. We always want to advance the chains. It easier to advance the chains as more people get on the field... When...

I am not as strict as you are. The conditions you mention are IF1/IF2. My slant for channels is that IF1/IF2 is on the RTL. Some people will understand what I mean by this. "NOT INCREASE"??? My exit is if I am on the wrong side of the market. FOR ME, AT ALL TIMES THE RIGHT SIDE OF THE MARKET IS...

Check my bar by bar posts. This is what I mean by strict. It is a PV play by play. The market QBs and I play my part. Offensive play/Defensive Play. Break on 3.... MAK

@AURUM Think about pace this way. At any carnival/fair, there is usually this game where the idea is to take a really large hammer and hit a target as hard as you can in order to get some object to hit the bell at the top of a pole. The harder you hit it, the farther up the pole that the ball...

@spy I fell asleep at my office desk last night at home. Got a new office chair which is nearly as comfy as my bed. Definitely not a good thing... @rustrader EXCELLENT QUESTION. If my bar 5 extends beyond the top of bar 4, I plot in a NEW PT3. Why??? Because I am looking at my PRV and I...

So here is my bar by bar run down. I will put up as many as I can permit. I will try to put up complete days (ie. 81 bars). This is the actual mental annotations and reps that I go through. You will find different modus that I have for different bars. PV is the crux of all of it as am...

Your chart was a great chart to annotate for the purposes of thoroughly discussing PV. I took some time to fill in ALL channel formations (ie. Longs/Shorts/Laterals/Pennants) and label pts 1, 2, 3. I thought this was some random day so I filled it in as I thought the day would unfold. When it...

What would be an initial assessment from the information presented? The DOM by itself says two things. 1. LONG price change is up (ie. 10 vs 56) 2. It is IMMINENT, the instrument is running out of offers (ie. 10 vs 56) Which are the most significant elements? There are several...

lol @nadaq When the towers fell they said that the air we were breathing wasn't hazardous either. I remember the smell like it was yesterday as I was stuck down wind for several days...

cough... cough... Maybe the acid rain that's falling outisde my office window is to blame... It's leaving streaking stains down the whole side of the building... I blame jersey mofos too...

Standard ButtonTrader has it pretty good. Unfortunately, they smear things by plotting right over the "wall" that you are monitoring for. Additionally, you have to reinterpret T&S by being calibrated to the size of the bar plot... As usual, no program is perfect... MAK

EXACTLY! The objective is to become calibrated to a standard volatility so that you develop a sense of how the day is developing. Chart programs have a funny way of stretching the data across the whole screen so as to look like the software is worth the money it charges. The problem is that...

Hey txuk... :cool: The following is interesting too. It fits with what I understand and observe... Market Orders Market Orders at CME are implemented using a "Market With Protection" approach. Unlike a conventional "Market" order, where customers are at risk of having their orders...