I hope I will get it one day Jack, I will keep studying your posts. Thank you for your time and effort. Hamb
ig0r thank you. I have more questions... What is NOW, KISS operations? VDU? IS VBO, Volume Breakout? Hamb
For the benefit of those of us who are not intimately familiar with SCT, could we perhaps have a clear description of the method?
Jack Why would smart money be using ym? The volume is pretty small compared to nq and es. Or is it that smart money is using dj04 and ym tracks that?
http://www.elitetrader.com/vb/showt...73&highlight=log+formations+events#post306073 Look for "Dawg's response is right on" http://www.elitetrader.com/vb/showt...55&highlight=log+formations+events#post307355 Look for "the point 2 to 3 dilemma" This was just from a quick search for log event formations
Excellent thread, Brother Scientist... keep up the good work on ET... Fraternal love, Candle, your Brother...
Thanks moz. Im still having a hard time getting it. I found a thread where bubba7 gives an illustration of how to do it but unfortunatle did not post a chart of that day so that I could follow it. Im sure its a simple procedure but my head is extremely hard and it takes awhile for something to penetrate. If anybody could illustrate Jacks stop logging procedure with a chart I would be very grateful. dkm: It means that your almost always in the market reversing rather than exiting but its very complicated. Its the end result of a long learning process. I doubt many people can do it. Im still wrestling with the intermediate stuff.