I was having a little trouble with this. How did you determine that the last ftt you have on your chart was an FTT? Thanks
I was wondering this as well...appears to have bounced off ltl and making a non dom traverse? EDIT: Although it was a great spot for an ftt as price jumped after that...show us the way andy
Yep...also, I reset the last channel with a new point 3 at 11:00 (bar 19) with pt 2 remaining at 10:40/45. At 11:40 & 50 I indicated FBO's on this new channel and we just had a channel expansion.
Firstly, I'm probably in the beginner stages of this like many of the rest. So...take anything with thr proverbial grain of salt. With regard to the FTT, the annotation was a little late...hence what appears to be a great call.
I am also a beginner. Someday, I hope to be able figure this out. Here is my chart at that time. I must be away for about 1.5 hrs.
Awesome! By the end of this process, we'll be able to map this document to each component of the screen and know which variable dominates and at which point... Regards, MAK
General question here...Are all point 1s ftt's of some channel? or is it acceptable to have a point 1 w/o an ftt?
My virtual trade: 9:40am -- 10:10am, 1426.75 to 1431.50 long pts +4.75 10:10am --10:10am, 1431.50 to 1427.00 short +4.50 11:15am-- 11:45am, 1430.25 to 1427.75 short +2.50 11:55am-- 13:00,A-D,1427.25 to 1432.50 long +5.25 13:05 -- 14:05,D-E,1432.00 to 1422.00 short +10.0