.

[. @raytrayder]

@AdamMancini4 Do you consider FBDs of lows that are the day before (like during FOMC) when we've had lows that overlapped between then and now (lows that went way below and punctured yday's low)?

[. @raytrayder]

@AdamMancini4 We had so many setups the week after the 10/10 sell

This week has been so dried up in terms of FBDs, only gave 2 a bid

[. @raytrayder]

@AdamMancini4 @sarahubz Was 6719 a FBD or just a support reclaim buy?

Didn't seem like there was a recent low or shelf of lows there to warrant a FBD

Thanks!!

[. @raytrayder]

@AdamMancini4 You meant the Sunday's 6694 low right? I don't see a low as low as 6694 on Tuesday

[. @raytrayder]

@AdamMancini4 Noticed we put a significant low at 6762 around 11:30 AM Monday and made a FBD of that several times last night on Tuesday

Didn't see you mention it much in the NL, wondering why?

Thanks for the good read!

[. @raytrayder]

@AdamMancini4 At 10:47 AM today we set a 20+ low at 6739.5, made a 7 point FBD of that 11:31 AM

How do you usually rate the quality of FBDs of lows that are recent? Aka didn't have hours between the significant low and FBD?

[. @raytrayder]

@AdamMancini4 Was it a failed breakdown of the 6769 low of yesterday 11:38 AM? Not sure how 6766 magnet plays a part in the setup here

[. @raytrayder]

@AdamMancini4 Would you say this one had acceptance? The price along 6762 was pretty messy...

[. @raytrayder]

@AdamMancini4 @GSeaton @AdamMancini4
This is a while back but wanted your thoughts on a FBD candidate I identified on Oct 15: showed first type of acceptance but never went thru (6724 low). Noticed that this wasn't mentioned much in the NL. What made you skip this entry?

Thanks for the great reads!!

[. @raytrayder]

@AdamMancini4 Is 6762 becoming a good low now as we approach 6781? Looks a bit choppy and messy but looks like one to me, thanks!!

[. @raytrayder]

@GSeaton @AdamMancini4 I think this was actually first type of acceptance back-testing from the bottom? Looking at the 1 min chart as if we saw in real-time:

[. @raytrayder]

@AdamMancini4 Is it essentially because the price ripped thru the low and even the low + 5 points?

Basically there was no sell demonstrated, which usually doesn't occur? But better safe than sorry

Thanks!

[. @raytrayder]

@AdamMancini4 Hey @AdamMancini4, what did you mean by "no acceptance here" in "No acceptance here, so one would’ve had to use the non-acceptance protocol and got in 5 points above the low." in the NL?

Great read!

[. @raytrayder]

@AdamMancini4 Isn't 11:40 AM a FBD of 9:40 AM?

[. @raytrayder]

@AdamMancini4 We got a failed breakdown of 9:44 AM low of 6642 at around 11:40 AM

[. @raytrayder]

@AdamMancini4 A 6724 low was made around 9:49 AM. And we flushed it to 6702 11:52 AM. And then reclaimed/accepted the 6719-23 zone.

You tweeted to take note of this zone, was it a failed breakdown?

Thanks!!

[. @raytrayder]

@AdamMancini4 Would you consider 8:10 PM 6683 and 11:15 PM 6692 good lows to look since they ran up 20+ points? Seems like smaller than average moves in this environment but wanted to get your thoughts!

[. @raytrayder]

@AdamMancini4 @comptofreedom how do you define setups when we're this low? would it mostly be reclaims and not FBDs?

thanks!!

[. @raytrayder]

@AdamMancini4 @MarkM06343508 how do you know in real time when a quality reclaim is likely occuring?