Sir, With all due respect to Jack, perhaps it is time to follow Spydertrader's COURSE. Start with the futures journal, PAGE ONE. Follow directions. A suggestion: please post ES charts only for awhile if you want help. A rehash of Jack is available with plenty of links ON PAGE ONE of the Futures Journal. It is the SECOND post.
Are these 'your' annotations? I see at least four missed channels prior to the FOMC announcement. Can you find them?
Yes. It's a Valid Point Three as the market showed Three Bars minimum with all three points on three separate bars. - Spydertrader P.S. Dude, what's with all the psychedelic colors? Did your parents chill at woodstock?
Nice looking charts guava and treeline! You really do know WMCN don't you! Guava, I do feel a seizure coming on when I stare too long at those colors on your chart... (jk) You guys are great!
I did it again, I expressed myself wrong apparently. With all my respect but you have no idea what I'm talking about. why would you want to give me advice? I'm a bit astonished. I take my time to give a little twist as to the transmitting of this paradigm. The intention of my posts are to encourage people to rather start developing their own sufficiency, so they would stop making these foolish mistakes. I hope you can prove me wrong, as it's just a judgement based on what I read, but you're kind the opposite of what I try to spread out, you never think for yourself, you rather echo Todd. My apologies if I expressed myself wrong again this time, and it's really not my intention to confuse people. I do not come here to flame, but just to give out new "thoughts" on how to approach this paradigm. I truly hope some of the lurkers understand what I try to say.
His data might have had the point two bar one tick higher, which the RTL would go through. This may be the reason for the confusion.