When context changes WMCN changes. So the answer is yes. regards, Ivo
It is clear. Sounds stupid but I simply missed the increasing black. It is stupid. I feel ashamed. regards, Ivo
I admit: I missed this.... Incredible. The only time increasing black is not trend change are the three situations discussed and this is not one...
15:45? I see decreasing black like you would expect after BO and before a point 3 down. Sure, I see change but as I hold point 1->2 and wait...
Now here's something that puzzles me. We have: - pennant breakout on increasing volume - breakout of the lateral formation on increasing...
Chart so far. regards, Ivo
10 pip trade. Eurodollar futures. Price failed to continue on increasing red after breakout of the lateral. regards, Ivo
Hello, In my opinion different channels can be drawn during this period, checkout image. First a down channel and then an upchannel, all within...
The bar closes inside the previous bar forming a lateral formation FBO. regards, Ivo
Here it is again. I completely understand Spyder's point. Lateral formation was broken (not annotated). However, next bar (14:30) did not show...
Okay I see what you mean. After this BO of the lateral formation we need more increasing red the next bar. That didn't happen. One should be out...
Yes, but a 2.5 point loss would be very possible there. Also 14:25 was a FBO (not drawn in my example) of another upchannel. However that was...
I don't really understand your answer. I am sorry about this. Are you saing price "had to" go up again at 14:30 because else it would have been...
Another tricky bar. Wouldn't we normally expect a point 3 after this? regards, Ivo
Caught this nice move. Entered at 1419. Reasons to enter 1. price reacted strongly to ma20 2. pennant FBO inside lateral movement. One...
Well, you can certainly have a traverse on increasing red and a breakout and 1-2-3 and increasing black after that. The traverses make the forrest...
Chart so far. Current situation: seems we just had the mother of all changes. regards, Ivo edit: last blue circle should be red.
Chart for this morning. Most stuff was really crystal clear. Current situation is we had an important FTT + BO on increasing red and are...
You missed 5 downchannels... regards, Ivo
"Increasing volume is required for price to keep on moving up or down." regards, Ivo
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