Thanks Todd for slowing down. I have to admit that I am another who needs more time with gaussians also.
Our own Spyder Channel HotComm room would be great if that is a possiblilty... if we all pitched in for expenses... or... a Daily camtasia's of the action from your desktop - although that might effect your CPU or PC efficiency... with HotComm the voice over is built in... with camtasia you would need a mic and camtasia running in the background... you can even edit them and post them in .mdw or flash... etc... anyway... a thought or two... cj...
re. Spyder Channel trading room...good idea. Less expensive trading room software: http://www.tradingrooms.com/Main.aspx
Ivo, If you have more than 25k in your account you can trade the spyders which matches the ES 99% (they are actaually arbed by huge traders to match the ES)... You can start with 50 spy (or 25 spy) and trade ALL DAY... and increase your number of spy buys as you have a profitable week... as in... the next week 100 spy and then the next week 200 spy and then 300 spy and then 400 spy and then 500 spy which pretty much is equal to one contract... then move to 750 spy, then 2 ES, 4 ES, etc... It is important to take the signalled trades since to convince your subconscious that channels and volume, etc. work... if no have 25K in account you need to sim until you can trust in taking the trades as you see them so then you will get implicit learning embedded in your conscious and subconscious and improve with trial and error... cj... HAVE STOP <img src="http://www.enflow.com/p.gif"> WILL TRADE
I've been following this thread for the last month. Drawing the channels, watching the vol. gaussians. I am now able to spot the ftt's fairly well. I can see the gaussians and anticipate the next one. I haven't yet read all of Journal II so the answers I need may be in there. I don't completely understand the B2B, R2R...stuff. I thought it refereed to which big volume bar was on each side of a trough. However on some of the charts posted it doesn't always seem that way. A gaussian video would be great. The channel video was very well done and helpful. Today was the first day I traded this method solely. It was very relaxing after the first couple trades worked well. I didn't take too many ftt trades, mainly volume dryup at the rtl and once at the ma/support intersection. I'm not completely clear exactly when to enter on the ftt. Today I watched price get sucked down off the high of the bar and volume rate increase as this happened. I also used market delta(buy-sell vol) to confirm the change in sentiment. If someone could explain the trigger for an ftt entry if I'm missing something and the b2b stuff that would help. This is a very well done and fascinating thread. The people that contribute are a huge benefit.
If I was a wise man, I would have looked at the guys above before I posted this... but you have to learn sooner or later...