Quote from SnakeEYE:
It could be one move,two moves or three moves.
Any many many not existing people could confirm?
No one can confirm your comment since it is incorrect.
Take each case individually.
Move one goes away from the bookmark by the simple fact that it begins at the bookmark and leaves the book mark.
Move three moves in the same direction s the move one. moves alternate in direction.
For a trend there is a limit which the trend may not pass to remain a long or short trend. that limit is a horizontal line from the beginning of the trend. Notice the book mark IS that limit (a horizontal line).
From point 2 a retrace occurs of the opposite slope of the first move. Go on the other side of the picket fence where the alligator is. Try telling him to keep his mouth shut as I have told you to stop with the wisecracks and only open your mouth to say "thanks, Jack."
Let the retrace teach you something. Let is go further and further.
At the exact point where no trend is possible (neither a long or a short) the retrace toches the bookmark.
You have never annotated enough to have this happen. So what? Who cares?
Continue the retrace through the book mark. Notice price is going farther than the prior FTT.
A new prior FTT level is being established. When the retrace ends it has a name: "NEW FTT".
For housekeeping correctness you simple fold the two faster fractal moves back into the prior trading fractal and contune from the NEW FTT.
All of this just proves one thing.
You cannot take direction to do work as you are told.
Not having a decent display (you use the lowly Ninja trader which is incorrect) and you argue to not have a rainbow of market PACE on volume. This is almost as bad as being a PA only trader or using stats for trading. Or doing entry/exit trading instead of hold reversal trading to make the full offer of the market.
Note the difference from going from point 1 to poiint 2 and going from point 2 to point 3. The former is called a reversal and the latter is called a retrace. You mind it not trained sufficiently to recognize the difference.
Do you have a color printer and colored ink? this is a rhewtorical questiion.
Stop asking questions and begin to post a completed chart everyday for the next 50 days. Keep your mouth shut and just work and make all the mistakes you need to make to get them behind you so you can not use the "Idon't follow directions and do not work " excuse. Grow up and shut up.
