I think the key here is the 1410 lateral formation, that only seemed to be the the Pt2 to Pt3 of the up channel started at 1355. Actually in...
You could reverse after the 1425 VE, on 1430's decreasing non-dominant volume. Later, the 1445 had increasing black volume that cancelled the 2...
Please see attached.
... but still in the Lateral Movement started with bar #27 (11:40 EST). EDIT: On a higher fractal, there's the longer LM started at 10:30 EST...
Fanning out from pt1 (FTT) not from pt3.
... and closed inside yesterday's bar. WMCN? Looking for Pt3 down ... about here. Price is struggling up ... It arrived at a long term RTL up on...
Thanks. I guess for such a prize the answer can't be obvious ... :) So I'm thinking more on the lines of looking for signs of dominant move...
Spydertrader, Would you please follow up on this and explain what is the commn theme between the three bars? Thanks :) In case you don't...
Please explain / draw ...
In channels (as in waltz), the moves to Pt1 and Pt2 (step 1 and step 2) are the important ones, while the move to Pt3 (step 3) is just a...
Besides all three ending in ... 5 (0 on my chart) ? :) , and all three closing bellow their openings? All three show various signals of change.
The price is waltzing in channels: 1-2-3, 1-2-3, ...
Decreasing red volume in down trend means lateral movement. Today's SPY bar shows an IBGS up. ESM8's RTH shows the same. These seem to indicate a...
Better stick to the ES 5 min bars, and look to the ES 1 min bars for intra-bar activity during debriefing. Also, don't forget that you can have an...
Short form: Discrepancy in color or magnitude between price and volume signals change (on your trading fractal). Long form: Volume leads...
Just looking at ES, although the pennant's second bar has higher volume, its PRV decresed. This could also be seen on the 1 min chart too. ES' tic...
Thanks. It makes sense! :)
Spydertrader, I've noticed that lately you've seemed to change a little the way you draw your gaussians. There are situations when you...
Actually the decreasing black PRV was a clear signal. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1913493>
You could also see it as a high volume / low volatility bar, which is a sign of change.
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