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Iterative Refinement
- Thread starter Spydertrader
- Start date
Am I reading this right that in order for a bar to be an FTT it must be the opposite color of the dominant trend? Or are you pointing out that an FTT will have non dom (Price and decreasing Volume) traverse of the opposite color to the RTL?
"HOW DO WE IDENTIFY
FTT: Volume decreasing but 60-90% of previous bar. Price changing color to non-dominant...... "
My apologies for my densness, and great job reducing this info to crib notes. I haven't completed a full review yet, but thanks for the effort.
"HOW DO WE IDENTIFY
FTT: Volume decreasing but 60-90% of previous bar. Price changing color to non-dominant...... "
My apologies for my densness, and great job reducing this info to crib notes. I haven't completed a full review yet, but thanks for the effort.
Quote from guavaman:
Am I reading this right that in order for a bar to be an FTT it must be the opposite color of the dominant trend? Or are you pointing out that an FTT will have non dom (Price and decreasing Volume) traverse of the opposite color to the RTL?
To be honest, I copied this stuff from various places in the Journal, and I would like to see if anyone who really knows the answer would either verify or correct the statement. Then I will correct my notes and post a revised version.
Quote from LittleMac:
I missed JRJC but I have it as a possible BO of an IT to LT channel(thick brown). You have a similar chart Haroki?
I have it as a RTL break in the down channel, and near the RTL in a six month up channel.
I've been watching this one, but had to work this morning, and missed it. Brackets.
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