Spydertrader's Jack Hershey Futures Trading Journal

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Quote from Spydertrader:

Thank-you for waiting until the discussion reached the appropriate portion of the Syllabus before asking your question. I appreicate your efforts to keep the discussion on track.



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Quote from vedanta:

My question is do you use YM only as a leading indicator in spotting FTTs in ES ?

Thanks Spydertrader for the great response, looking forward to learning more from this journal
 
Quote from dkm:

ES 6 Feb 07
dkm,

no need to be so unsure about your FTTs! A lot of those were FTTs that you have marked "FTT? no..." were indeed FTTs, they just didn't lead to a BO.
 
Quote from Pr0crast:

dkm,

no need to be so unsure about your FTTs! A lot of those were FTTs that you have marked "FTT? no..." were indeed FTTs, they just didn't lead to a BO.

Well, I may be incorrect thinking this but I only consider an FTT to be a genuine FTT if it is confirmed by a BO. My "FTT?" is a point where I would probably have required a decision to reverse, having made an incorrect identification. In retrospect, they appear to be flaws through which I should have held. My "flaw" recognition needs improving :)
 
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