My ES for the morning. So far I've found today to be very easy to annotate, especially since the ES virtually mirrored the YM all morning.
OC Can you do yourself and the rest of us a great service and either follow the method the right way and stop using a lot of your "own" criteria or continue to do what you are doing and not contribute to this thread? Not trying to be a jerk but you're all over the place here and it can be very confusing to everyone else. Thanks! -Harry btw I sold 20 lot at 11:20:10 at 1393.00 based on the method and covered at 12:19:49 as FTT forms (@ 1382.75). You need to get away from all the other crap you are using if you want to get this stuff down cold.
dkm, I'll take a shot at this. The 10:10 bar had a vol expansion and then closed well off the high of that bar. The 10:15 bar opened, went back up and failed to make it's way to the new LTL. Spyder has mentioned that when a vol expansion takes place, to be aware and look for an FTT. Just my take on it...Spyder, correct this if I'm wrong. JD
get rid of those candles, OC. You can't serve 2 masters at the same time. Kidding aside, the candle just gives you TOO MUCH information, and distracts you from what you should be looking for -- FTT to FTT.
The FTT should be over the 10:15 bar, but placing it in that location intersected the acronym with the Left Green Trend Line making it difficult to read. I'll move the 'FTT' up higher and add an arrow to avoid any confusion on the next chart update. - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1384251>
Sorry to get under your skin there Balls, but the entries I am using come from the same channels that are being drawn here which I learned from reading current and old threads. I have some other criteria for the trades from past experience but I am not shoving them down your throat nor am I plastering them all over the screen. If it is distracting then you could ignore my posts or if you feel I am ruining your class, by all means I will not upset the karma. The candlestick formations and pivot points I use work well for me in conjunction with this approach but I know it is not "taught" here and I have not asked that i be included. I only mentioned them on one post to be honest. As for the 20 lot, congrats, but I already admitted I am working on my exits.... bowing out...