Just a follow up to my post above to explain my thought process during that period of time. After 14:35 was done I anticipated a lateral...
Spyder, In the attached snip you posted No Trades in this fractal. Is it because we did not get a traverse signal for change at 14:35...
Yes I agree. However what bothers me is 11:10 made a lower low than than what we considered the point 1 bar (10:50). (i.e If we started an up...
David, Would you mind going over how you completed your sequences in the am. Especially why you ignored the 1st IBGS on increasing volume...
Looking for a pt 3 down
Continuation of morning chart
What you mention are reasons for increase in volume in the opposite color of the dominant trend. I don't see how we can ignore 2 consecutive...
Here is my chart so far.
11:15 was an outside bar and 13:15 is an IF1. Those are the reasons why I kept my laterals going.
Spyder, Any reason why you did not kill your first lateral movement on the 10:05 (close of) IBGS on increasing volume?
drill 2
drill 1
If you have definitely determined 11:55 is change then by all means continue. However before you do consider these questions (applied to a...
David I believe you trying to solve the wrong problem. Have you established that 11:55 is definitely change? I haven't seen anyone one...
Context being discussed is a decreased volume bar with increased volatility occurring after an increasing volume bar. Price closing outside...
I was thinking along the same lines as well after looking at the bars. However there is another difference between the two bars I noticed in...
David, I am scratching my head after reading your post and how you reached your conclusions. If you had a point 1 at 11:00am, that must have...
Sorry. I saw your chart colored it black and (should have been red if lower low - which is what I had) that is why I thought maybe you had a FBP...
Here is my chart for the day (apologize for the missing text annotations, I somehow managed to lose them trying to tweak my scripts) I have...
Nice job Ivo.
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