At approximately the 1:30 mark in the video Jack discusses this amazing phenomenon. Later he discusses the STR/ SQU phenomenon. This video proves that SCT is quite real and can be done with due diligence. The development of sports memory and this information will definitely do the trick. Best Regards Oddi
Thats not exactly proof but I know Spyder is going to say that this is irrevelant to the first part of this thread so I will drop it for now but I am looking forward to something definitive on this later.
I thank all who have learned and been gracious in sharing their hard earned knowledge with us! It is a gift and commendation of your character. I look forward to this year's journey! I am going to try to take my "wifey" (hope ES ) and oldest daughter along... we'll see how it goes...
The Syllabus January 1 - ES Chart: Price, Volume, Channels and the FTT February 1 - YM Chart: The YM leads the ES? March 1 - STR / SQU (Stretch - Squeeze) April 1 - DOM (Depth of Market) / Time and Sales May 1 - TIC Charts and Two Pairs June 1 - Flaws Summary July 1 - Putting it all together Aug 1 - Real Time Video Example Trades Sept 1 - Dec 20 - Final Exam We will discuss 'Flaws' (and how one differenciates between the various types of flaws) as the opportunities present themselves. - Spydertrader
Spydertrader, Looks like a great program, looking forward to it all. Glad to see some of the original crew posting and taking part as well. Regards - EZ
Looks like a fantastic syllabus. I'm looking forward to 2007 with great enthusiasm! Have a great new year's everyone. PS- Thanks again for the chat today, Spyder! -Eric in Tucson
Spydertrader, Thankyou... I will start reading all the material from page #1 and get a good foundation for what your talking about. Once again thank you! snarlyjack
I am sorry for that Bearbelly. I am truly a lousy teacher and I always make the erroneous assumption that I am talking to a mirror of myself, instead of to another person. It was proof to me based on all the reading and trading I have done, although I have never traded this particular style. The turns were clear to see for me. It will all be cleared up by this summer I am quite sure. Best Regards Oddi
In line with the agenda set out by Spydertrader, I would like to clarify how to recognise FTTs real time. I've been following Spyder's ES charts ever since he started posting in November and reading everything I could lay my hands on but the confusion still exits. Please note, I have intentionally kept the chart simple with as fewer channels as possible. Real time I draw the dominant channels as well as traverses. I would welcome comments.