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Technical Strategy
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To all ye blithering oafs out there, gap that chart and see for yourself if what is being advertised, had actually developed on the next day.Quote from gamblerKi:
From my understanding, pt 2 of a new container must be outside the previous container.
Quote from gucci
"A point 2 must BE outside of the previous thing RTL. AND it MUST be preceded by X2X sequence of the volume. One of these conditions wasnât fulfilled at the time in questionon on the trading fractal."
http://www.traderslaboratory.com/fo...-price-volume-relationship-63.html#post106288
In the attached 5 charts (spyder's old charts in IR thread), why are Point 2 of those circled containers inside the previous container?
Quote from jack hershey:
add bookmarks on FTT's and FTT's
good gapping
Hi Jack,
Thank you for your feedback.
I updated my annotation. In my annotation,
green skinny line: up faster fractal traverse stuff
orange skinny line: down faster fractal traverse stuff
Any comments on my chart? TIA
Attachments
Quote from gamblerKi:
From my understanding, pt 2 of a new container must be outside the previous container.
Quote from gucci
"A point 2 must BE outside of the previous thing RTL. AND it MUST be preceded by X2X sequence of the volume. One of these conditions wasnât fulfilled at the time in questionon on the trading fractal."
http://www.traderslaboratory.com/fo...-price-volume-relationship-63.html#post106288
In the attached 5 charts (spyder's old charts in IR thread), why are Point 2 of those circled containers inside the previous container?
Gucci said x2x first your p2 in circle was during x2x not after
No money can be made reversing on green bookmarks. No money can be made consistently reversing on failed BO's. All 5 old annotated charts imply things that will happen on the next day, but never did. The sucker is born every minute. All you have to do is believe the guru. Everybody else conveniently becomes a detractor or a phisher. If1 - If2 loses money like a clockwork. On Outside Bars it triples the losses. How fucked up a person has to be to refuse the evidence that is staring them in the face. LTL breaks may or may not produce another "FTT", and it has nothing to do with the "zones". This crap is the biggest and most intricate example of what is wrong with people who produced it. But it's so full of holes that once you grasp the gimmick, you can defuse it without any trouble and walk forward over it.Quote from SnakeEYE:
how can you make any money with that?
Quote from Nebuchadnezzar:
No money can be made consistently reversing on failed BO's. trouble and
FBO's are like reading tomorrows newspaper today...for starters, just focus on them...preferably after pt. 3's if you know how to not jump fractals... Don't be a hater, just break it down.
Quote from SnakeEYE:
how to not jump fractals?what is the jumping fractals?
Dude, I have read a lot of you're posts and most (to me) don't make any sense... now you maybe the smartest guy in the room but I don't get it... My advice to you is to read through all of Jack's posts(its long and tedious) and start putting it together....Once you get it, you get it!!! good luck.
Quote from SnakeEYE:
First,I`m not here to entertain or educate anyone.Second,i got it long before Jack`s abracadabra.I shouldn`t spend so much time on his bullshit!Third,you didn`t get it yourself,so don`t pretend to be a cowboy here.You didn`t get it,they didn`t get it,no one will ever get it,b/c his 'method' is a load of bollox!!!
He has no guts to answer a simple straight Q.This sissy isn`t even a man.
You're RIGHT!!! feel better now?
Quote from PTVtrader:
FBO's are like reading tomorrows newspaper today...for starters, just focus on them...preferably after pt. 3's if you know how to not jump fractals... Don't be a hater, just break it down.
Hilarious!
Failed BO is a retrace.
Jumping fractals is when you don't know if you got a retrace or reversal.
Your statement reads: "If you can tell the difference between the retrace and reversal, you can trade them". Your methodology is not capable of differentiating one from another.
Hershey's solution is to reverse on green bookmark, Spydertrader's - to trade the trendline breaks.
Both crutches produce losing P&L consistently.