Paul

[Paul @coleridge8264]

@AdamMancini4 Thanks! 7707 first pt then. The 7674 FBD didn’t confirm acceptance until much higher, did it? Non-acceptance allowed here?

[Paul @coleridge8264]

@jyblazze @AdamMancini4 Good thinking. I didn’t recognize any acceptance so I skipped it entirely

[Paul @coleridge8264]

@AdamMancini4 @timvgp May I ask where and when you would have entered? I don’t see acceptance at 58 and no entry until 75 reclaim

[Paul @coleridge8264]

@AdamMancini4 Thanks!

[Paul @coleridge8264]

@AdamMancini4 Could one have entered earlier at 24ish after the acceptance type 1?

[Paul @coleridge8264]

@AdamMancini4 Thanks for helping!

[Paul @coleridge8264]

@AdamMancini4 Hey Adam, one Q about your acceptance model: when do you look for type 1 vs 2? Does the reclaim of a shelf usually require acceptance type 2?

[Paul @coleridge8264]

@AdamMancini4 Thanks! It’s not low vs. shelf?

[Paul @coleridge8264]

@AdamMancini4 Thank you for answering! But they each occur in a different context, I assume? Otherwise seems to random to me

[Paul @coleridge8264]

@AdamMancini4 In other scenarios I have seen you enter after price cleared a level by just 2 points. Should I require 5pts after a sell off and can be more liberal when price is ranging intra day?

[Paul @coleridge8264]

@AdamMancini4 Ok I see. Time seems like a subjective category to me. Are you still sure about the level? I had the same one but reviewing it now and not so sure anymore

[Paul @coleridge8264]

@AdamMancini4 Studying old NLs today. When you talk about a bounce that fizzles, do you mean a micro flag structure?

[Paul @coleridge8264]

@AdamMancini4 Thanks!

[Paul @coleridge8264]

@AdamMancini4 Still puzzled over this. Way I understand you is that anything less than 3-5 pts is basically noise, but can also be a FBD?

[Paul @coleridge8264]

@AdamMancini4 Hi Adam, did the late day rally originate from a FBD or can that be interpreted as a simple backtest? Undercut of 2pts is basically noise isn’t it?