Strange behavior near the trend lines is observed.First it`s coincided with session overlap and RTL,next the price gapped down at the LTL.Any...
What cause this bar gap down?Platform or data issues?is this a reason to have a bar degap on the platform?
After M2 FTT follows.Am i correct?
Probably becuase Quants were using mean revert strategies and were using no stops whatsoever.I have the same problem i use the meant revert...
Thank you for sharing your thoughts.Another way could be is to automate things.But you need the proper thing,no doubt.
So far i wont hurry and continue with 30 min display EOB analysis.Tips and hints from more advanced SCT users are very welcome!
Thanks Tiki.
Another FBO and the new P3 is established(this is the intrabar desition) with the following Lats.European market is open and i anticipate flat...
New P3 is established after FBO - FBO>>Lats>>NewP3.FTT is anticipated.
Sorry,i was confusin the upper and lower panes.The one below is looking more leadin - true.
Indicator based upon price is more leading then 4th derivative.can`t you see it yourself?It is obvious from your own chart sample.
Another new P3 became FBO since volume could`t keep up.Anticipate futher down move.
Lats consolidaiton - continuation id down channel. New point 3 is established,sentiment changes at the RTL - mixed volume signals.
Thanks for the explanation.So then the derivatives are only useful for confirmation only and not appropriate for prediction.
Lats consolidaiton - continuation id down channel. Volume is changing color so BO is anticipated.But not enough of a peak to follow the Bo,so...
What does a third derivative mean?
Lats consolidaiton - continuation id down channel.
Asian session(06/08/12) - two legs - up and down from the opening.
baro-san,why don`t you start the thread on advanced JH method and help others out?
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