My 'raw' chart for the day.
Looks like TRA just completed a 1->2->3 up sequence, so I'd now be scanning for an FTT then look for a 1->2->3->FTT down. However, what occurs...
Thanks for pointing that out, Padawan. I'll have to try to reconcile what I thought I understood with Spyder's post that you linked. - Talas
Sequences / phases: Volume increases from pt1 to pt2. Volume decreases from pt2 to pt3. Volume increases from pt3 to FTT. The FTT begins a...
If vol trend is incr, price trend will continue. If vol trend is decr, price trend will change (p82 BMFBW) ---- After considering the...
Curious. I noted the same thing as Ivob re: your chart. For me, the 'something amiss' would have been the increasing vol on decr range. The...
Nice morning. - Talas
Times shown are bar OPEN. +Bar9 (10:10) showed an IBGS and closed w/in the previous bar. Since we're w/in prev bar (i.e. lateral), we may look...
It looks like the drop was due to an 'exogenous' event. The company announced a secondary offering. I believe Spyder & Jack would say that the...
It's a flaw in a channel that you don't have drawn. A non-dominant movement on one level (tree) is also a dominant movement on a lower level...
I'm not in that club, but this last up channel (14:55 - ) was 30+ pts and not done just yet! - Talas
Note that the ticker for BTJ has changed to BOLT which also should remove it from the DryUp list for Tues. - Talas
Working on making better notes for de-breif. Seeing some other's trades has helped....so thought I'd share. Trade was Long - FTT to retrace...
One problem when entering a new area is that people tend to use short hand phrases. The problem is just then learning what concept to which the...
The phrase 'what must come next' seems to be imprecise. I think you've refined it correctly. Restating it, I believe the precise statement is...
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