Quote from jack hershey:
... It may not b apparent to people watching the market, that there are many levels to trade on. For the beginner level on k200, trading on the thading fractal was the suggested approach.
So the "best bars" are those WHERE the end of the move from pt3 to FTT are where to look. Specifically it is WHERE you are coming into an FTT on the trading fractal. IT could be a new FTT as we saw occurs.
To do this you can set up a check off list to get you to that place. You do not trade until you get the that place; you just hold.
So You can make the checkoff brief if you don't like to do very much to make money.
The condition just before an FTT on the trading fractal is when the trading fractal is past the pt3 and, on the fast fractal the thrid move is under way and id also dominant as is the pt 3 to FTT.
This means you draw horizontal lines on the volume chart and look for a higher volume than before on the trade. Exit or reverse at that time.
"higher volume than before" is not too difficult to use as a trading rule. I do not use trading rules but you really want to use trading rules. My alternative is to use MADA rules and the fact of doing M A D A is a way to really make all that the market offers once your mind has been built. No one really wants to build thier minds so they can trade in a manner similar to driving a car.
Now, the second part of your request. You miss the "higher volume than before" you will notice that you are in a period AFTER an FTT and AFTER the end of the thrird fast fractal move. when you notice that then do the trade. This can be 1, 2 3 bars later but you still have many many bars in the time zone that follows to begin to seek to find a higher bar than before that is the end of the profit segment you ae now in.
this generation is referred to as the "sandwich generation". young adults are getting P and J sandwiches form their parents after college days have passed. So this post is a P and J sandwich post for this type of person with this mind set.
An FTT was invented as a trend ending event. Mentally, the market is dominant; volume is peaking and the price movement cannot make it across a parallelogran from one side to the other. Annotations show this not happening. Thus the trend has ended and the overlap of the next trend begins after the peak. This movement is non dominant decreasing volume, relative to prior circumstances. At BO of rtl and RTL these two events, lead to increasing volume on each fractal sucessively (unseen to most as BO's and as volume troughs to peaks beginning). ...
Iteratively getting to know more and knowing it ..