For those of you using Ensign, in case your not aware of it, you can make an overlay chart of INDU on a YM chart and check spread in the properties and it will give you the str/squ figure in the left margin. I wish someone smarter than me could figure out how to duplicate the "match vertical range" feature in Qcharts overlays so that you could have the one minute ma of INDU on the2min YM chart as this is a neat feature.
I think something clicked for me yesterday on hold and reverse. It is not necessary to get the exact top or bottom as long as your reasonably close. Accumulated profits act as a cushion to ride out the bumps. If I can get a good first entry, going to experiment with it today. Were off.
Rt. line bounce coming up? Doubt I will take it if it does. Not liking the action here. Will be looking for ftt on next bounce if we get one. Nothing I like better than an ftt in the 11-1130 area. p.s. Postponing the h/r for now. Took the orb at 43 ended up washing and not reversing as I want more cushion than a point the first time I try it.
Mak & easy - right on guys... Excellent study of sequences is what separates the haves and have nots with this stuff. Sort out your emotional makeup - get some sound beliefs in place - this gives you a mental framework to build meaningful experience. You set up the appropriate mental bins to put info in. That's done through observing sequences. It's where excellence and hard work enter the picture. It's square 2 as opposed to square 1. Many guys on ET are stuck in square 1 and that explains Jack's focus on basic beliefs and emotional issues. Also square 1 is a seed - and it's efficient to plant seeds and move on as opposed to hand holding through the LONG process of square 2. Easy - it's like surfing... you know the ocean and you know where to catch a wave. No need to be on top of the first molecules of water.
' Very cool. Also take note of the volume that accompanies the ftt leg. It gives clues to how midday will probably pan out.
Easy' - good info thanks - will try this and bug you for template if not successful. My reference yesterday on ensign was to Stalker and Tx - not you sorry for confusion - clearly you have been using ensign for ages. Irl.