Jack made a real time call before the market opened, I used real money, and made some money. So, yes, Jack's methods work fine especially if you have multiple confirmations like he did. I just wish I sold more es futures and held longer. I am more than happy to forward the e-mail to anyone who does not believe me. "Tomorrow will be great trading on the ES. The market will roll short on the open. See below End of Bull retrace FYI The four FTT's were put in on ES 5 min bar 77 today. On the monthly fractal of DJIA we have a two month hitch (identical bars); it diesn't look the volume on the current bar will exceed the prior bar. We conclude that all bars following the current will have lesser value that this bar top. Kind of a great date in history. Notice that no one has a clue that it happened. regards, Jack."
Here you go . . . Dow monthly bars September 23 2009. This spans from Feb 2003 monthly bars to present day
I have posted here a daily chart of the ES from the July lows till now. Jack said all sequences complete but I have this as the final dominant sequence needs to complete. The final fractal to get to pt 3 then to FTT. any ideas ? Volume is from recent contract.
It's come to my attention that The Las Vegas Traders Expo has scheduled many of the Live Trading Sessions (Carter, Netto, The Pristine/FX Trader Challenge, etc. ) for Friday November 20, 2009. As a result, I'll reschedule our event for Thursday November 19, 2009 - in order to alleviate any possible conflicts. More updates to follow. - Spydertrader
Jack speaks of the significance of the OB (your tape PT3) in another thread. Also (IMO) Yesterdays OB accomplished 2 things. It gave us return to DOM (IBV) which satisfied the VE (Sequence completion) and then gives us BO on IRV (Change). Completion and change in one day. HTH
His recent posts suggest he prefers making calls slightly ahead of real time. I guess he likes to give everyone a chance... Have a look around, he has made a few calls recently.
You are speaking of yesterdays OB that completed sequences. Jack mentioned the OB on Sept 14 having significance ? What is the significance of that bar Jack mentioned if that is the one you are speaking about ? In the build I have was looking for 3 tapes on the final dominant sequence. As of now I have annotated 2 tapes. You feel the first tape, ( of the final sequences ) or maybe just the way I have annotated it, has completed sequences, and the final tape is actually the beginning of the new down traverse in its very beginnings ? I have a longer term chart that starts the from a March low and continued to present. July started the final dominant sequence ( within that is what I question as needing completion ) and posted that chart before from July lows. So the chart I posted is completed and change is here already ? I dont have that ( as I mentioned I was looking for one more tape up to FTT ) but I will keep close watch for any corrections I may have to quickly make Thanks Ehorn
L3's are made of L2's, L2's (traverses) of L1's, L1's of ... It seems that your chart is not built that way. Volume is at least as important as price. For volume you can use SPY, ES old contract backup data, etc.. For March through current a weekly chart may be clearer.
Could you annotate right over my chart or post a chart you may have . Either is fine. Want to see what I have done incorrectly. Thanks