[Ezzy]

Originally Posted by become »

fwiw, that's identical to my chart - we can't both be wrong, can we?

Now we're in trouble

[NYCMB]

Originally Posted by Ezzy »

B2B coming out of the lateral.

Hi Ezzy,

Do you mean " B2B" formed from Bars 67, 68, 69 and 70? TIA

[Boux]

I'm reviewing some postings from past journals on ET.
Seems emphasis and perspectives have evolved to some degree. (just my opinion)

The FTT is the key to
the entire methodology. -Spyder

Spyder would you say the FTT is still the key or would it be volume sequence or something else----or is it different for each individual?
Just curious as to the perspective that time and experience has created.

[Spydertrader]

Originally Posted by Boux »

I'm reviewing some postings from past journals on ET.

A wealth of information exists within the previous discussions and past journals. However, one must take great care to understand the context surrounding the discussion illuminated within those old posts.

Originally Posted by Boux »

Seems emphasis and perspectives have evolved to some degree. (just my opinion).

Taking action within a five minute ES Bar (based on signals generated from a finer tool set) would appear to difer greatly (as a perspective or emphasis) than simply using Coarse Level Tools exclusively. However, in reality, the fractal on which the trader executes represents the only item which actually changes (other than the trader themself).

Originally Posted by Boux »

would you say the FTT is still the key or would it be volume sequence or something else----or is it different for each individual?

Which piece of the overall puzzle finally aligns the tumblers within a trader's mind differs greatly for each individual taking this journey just as everyone's individual mental filters differ greatly due to their own life experience. As such, one person may easily grasp the concept of Lateral Differentiation but find great dificulty recognizing Volume Sequences. Whereas, another individual cannot complete the Lateral Formation Drill, but has no problem with Volume Sequences. Each piece of the puzzle represents no more or no less an important thing to the person who has yet to overcome their own specific obstacle.

However, since all trends begin, and all trends end, in the exact same fashion. One need only have the ability to recognize this specific point in time in order to profit from the information provided by the market itself. As it turns out, the market signals this specific point in time by creating an FTT.

Knowing when the market has provided an FTT provides the trader with the signal they require to enter, exit or reverse. I'd say that's pretty important.

Originally Posted by Boux »

Just curious as to the perspective that time and experience has created.

I have already done, or a continue to do that which I have advised within the many pages of the current discussion. The market's ability to track sentiment over time has not changed since the invention of markets, nor will it change anytime in the foreseeable future.

Having the ability to trade profitably represents a consequence of the fully differentiated mind.

HTH.

- Spydertrader

[Ezzy]

Originally Posted by NYCMB »

Hi Ezzy,

Do you mean " B2B" formed from Bars 67, 68, 69 and 70? TIA

No, you were asking about bar 63, how you would know on that bar.

14:20 is where I see the end of the previous move, and start of the first B2B. 14:20 - 15:20 is a higher level B2B. Sorry, I don't do bar numbers, one less thing to worry about.

Regards - EZ

[FJK]

Originally Posted by NYCMB »

Bar 63 is DOJI, closes inside Bar 62 and on Increasing Black Volume. It sure looks like sequence completed here. Could you shed light how a trader should not go short on Bar 63? The up trend kept going on till the end of the day. TIA

In retrospect, I think volume told us that the up-trend wasen't done yet. One other thing, I believe that Spyder mentioned how he handled DOJI bars in NYC in 2009. I remember it as if he didn't 'count' the bar. If so, we have to wait for the next IBV to close outside the previous lateral. In this example, the bar gaped one tick down from the previous bar, so I'm not sure it qualifies as a 'real' DOJI. Other attendees at that meeting feel free to correct my vague memory.

If doing SCT, and you did go short on that bar, you would simply correct your mistake as soon as you realize your mistake - at the very latest as price break out of the lateral - by reversing long.

[FJK]

Originally Posted by become »

How do we know, in real time, that the b2b2r2b sequence from 12:40 to 13:50 occurs on a faster fractal?

- become

The only place there is some non-dominant (red) movement (outside the lateral) is the two bars around 1250-1300. If you were to think of these as 2r in a tape, 1250 have to be point 2. It can't be, because it is still inside the previous tape (starting from 1055). My reasoning is therefore that 1240-1350 can not be anything else than a BBT.

[Ezzy]

Originally Posted by FJK »

I believe that Spyder mentioned how he handled DOJI bars in NYC in 2009. I remember it as if he didn't 'count' the bar.

FWIW, I believe he was referring to a "married" doji, where the doji's open/close = prior close. There is an example 2 bars later at 14:55. 13:45 is another nearby example.

On the June contract 14:20 - 14:30 are all married doji's, but viewed them differently due to volume/sequences.

Not sure if Spyder had certain "contexts" in mind when he mentioned them. Maybe he could clarify?