That is a great observation cnms2. This afternoon is a good example of that. BTW, thanks for all your annotated charts with comments. They are very helpful to see the logic behind the actions.
The second Bar of the Harmonic Formation creates an FTT on the Blue Up channel. In addition, Price forms an FTT of the red up tape on the first bar of the Harmonic Formation. I encourage you to view FTT's as an overriding signal for change when viewing Harmonics. See the attached Chart for today. - Spydertrader
Today showed a nice profit of 19.25 points whilst paper trading for the first time. I made some mistakes like reversing on decreasing volume, one of which cost me 5.25 points. Then again, I also nailed a couple of FTT's. I'm pretty satisfied with the results of this method so far. I'm sure that with some more practise I can trim my mistakes and increase the size of my winners. Below is my chart that includes my reversals and exits (18 trades total). Have a nice weekend!
While many people were busy digging rabbit holes, someone climbed a tree and saw the forest, and everything within it. Good going !
Oddi, As a refinement to volume bars, Mak posted in an older thread, how he disregards the bars before 0945 and after 1545. I believe this is what he did to make the 'volume vs volatility' chart. Hope this helps, Mike
To the Touscon group who covered some amazing material. I have viewed all the videos in Pr0crast's browser and it is great. What I would like to know if anyone of you can pm me. I would like to know if any of you have the material or binders that were covered in the meetings. I am very interested in a copy of that, which was covered during the time in Touscon. Thanks for any feedback on this.