Before coming to any conclusions, one would be advised to pull up some of his charts for that day, look for his trading log and see: 1) how much time did he spend in the market 2) what was the full offer of the market that day. It'll form a more complete dataset.
Very important variable for this discussion. BTW: those pics are the MB Trading platform. That checks with the video I watched... The execution window was updating/scrolling real-time in the vid. The pics have the position and balance window.
I actually didn't check the full offer of the market for those date but I was aware that he only traded the opening and each trade got him somewhere like one tick to 1 point. Which is why I'm not super impressed. He could have given better examples if he traded at least for 2 hours a day I bet.
I was reading through Jack's post "When T1 and P1 are established the trend can continue. The trend has a defined range in the independent variable." I wasn't sure if he was actually saying that volume has a defined range for volume bands or defined range in price as a result of volume from the quote above? Each interpretation would mean you can either a) take profits or reverse given the range at a certain point for each segment b) hold until change happens before exiting or reversing Traditional SCT would have us thinking defined range in volume bands and wait for change (FTT) to reverse. P.S. I hope this volatility lasts in the ES... finally some action!
When not coherent, calm, relaxed and comfortable, fear and greed can show up at anytime. I would not take the opposite of your bet. As your discernment grows and your spectrum of differentiation - so will your awe, appreciation, gratitude and just plain giddiness. It's a never-ending stream of prosperity that is the result of your hard work. The experience is of a very deep, abiding and durable sense of fulfillment regardless of market conditions for you have built your skill that very very few can fathom let alone believe is even possible.
I have a quick question. After P1 - T1 - P2 (Greater than P1) if the next bar falls within the A-band do we call it Ag or do we continue on as T2P? Attached a snip
What you have illustrated is a T2P. If the volume continued without activating a FS before EOB and the vol[0] > vol[1] then Ag-Hvbo.