13:06:00 ibgs on YM and the ES should resume its dominant direction down?
it's 13:00:45 and the price is traveling from pt1 to pt 2. FBP FBO indicates that pt2 to pt3 move is beginning?
1150 [close of] = VE 1235 [close of] = FTT Is this the difference you are referring to?
I may have mistakenly drawn a pt3 channel where it should not have been: http://i276.photobucket.com/albums/kk20/ROMANUS42008/incorrectchannel.png
I found this to be helpful: http://www.elitetrader.com/vb/showthread.php?s=&postid=1316994#post1316994 the pic that was attached:...
Is Trend in this particular sentence refers to the down trend represented by red bar that broke out of the Lateral Formation on increased volume?...
I don't think there's any logical way to consider lateral movement across multiple bars as anything other than continuation, since change is a...
I believe that lateral movement presents itself in four different ways: 1. Anything that goes on inside lateral formation presumed to be lateral...
:D lots of aliases does not equal lots of people:D It seems to me that the set of aliases, which volunteer their negative opinion on any subject...
I believe that lateral movement represents continuation of the trend that was in effect before that lateral movement started. So in this...
Thank you, Spydertrader!
[/B] Cool. Thanks, nkhoi.:)
Thank you, nkhoi. What am I to look for in her pics?
I suspect what was referred to is the notion that we begin looking for an FTT after we had VE, otherwise known as "don't expect an FTT before VE...
I have attempted to reconstruct what channel and traverse may have been referred to, and the only logical explanation that I see is on this...
I noticed it too. The same going on in the equities journal:(
This is very helpful. Thank you, ticktrade.
BINGO !!!!!!!!
Exactly:)
The price tries to reach LTL, moving towards it, but after failing to reach LTL it retreats in the opposite ( non dominant direction) Get a...
Separate names with a comma.