Nothing to do with volatility, it's all about volume. - EZ
Jack has his reasons for doing it a bit different this time around. I don't want to screw up your thread and go off topic with this. - EZ
For those with an interest, here is a bar overlap chart using 5-min bars based on 5 days of data late October. The last few bars of each day were...
Left to right on the scale would be increasing overlap in points, if I'm not mistaken. As you move down the chart it to lower volume levels it...
This is a daily overlap chart that was put out with the two charts ehorn posted (in another thread last year). Don't want this to take the thread...
ES 10-24-08 <img src=http://elitetrader.com/vb/attachment.php?s=&postid=2151308 width=800>
ES 10-23-08 <img src=http://elitetrader.com/vb/attachment.php?s=&postid=2151308 width=800>
ES 10-22-08 <img src=http://elitetrader.com/vb/attachment.php?s=&postid=2151304 width=800>
ES 10-21-08 <img src=http://elitetrader.com/vb/attachment.php?s=&postid=2151302 width=800>
Neoxxx, The next week of charts as requested. I reduced the border thickness on formations so they wouldnât compete too much with your...
The 11:10 closed back inside the previous bar making it non-dom.
Interesting question. It should confirm the RTL BO. We did continue up so I'd say yes. Looking at the 11:30 bar, it closed outside the...
That works too, but it's cheating :D. Cheating is good...
I suspect the difference here is in the fractal. On the 5 min we don't get a return to dominance until after the 2nd lateral. That would be the...
Thanks for the chart. That's what I was getting at with the second scenario. And it makes the next brown downleg work out. :)
The first lateral traverses the channel to a pt 3, so that would be at least a traverse. When we break out down and move to the second lateral,...
Thanks, that's what I was getting at, they are non-dom movement but don't qualify as a traverse. I don't think it was an oversight they aren't...
It is a bit confusing. Orange and olive are not traverses and the blue widens or rolls to the green. So it appears the green channel is just a...
The is the chart for 10-22-08 with more apparent traverses that aren't in the morning. The afternoon confusion is around the laterals and...
Here is Spyder's chart where what appears to be a few traverses aren't. Then a long lateral traverse.
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