Image did not attach. Here it is! Sorry!
If this truely was a point 3, we would have had INCREASING red volume following it. Looking back, we never got confirmation of a point 3. I viewed...
Check out www.peaktraderpro.com Sign up for their live free webcast and you can see hershey traders annotate live everyday through gotomeeting....
What tells me at this point that we are forming a point 3 in an up channel? Or do we have to wait for further confirmation?
Todays chart. Good day.
Today's chart.
the image i posted in the previous post is meant to dipict what i saw in real time (price bars were removed). please ignore the volume bars...
I drew this in real time, but realized it could have went either way. Having trouble differentiating which information would have confirmed this...
Todays chart
Todays charts. Good day today.
I drew my channel in from yesterday. Would you consider this to be a valid channel? My only concern is the large bar that created a FBO.
Yesterday I went long on my first big picture FTT. Price was only two points away from my LTL, and I saw a peaking red volume bar followed by two...
MY TRADES FOR THE DAY: Symbol Side Qty Res Price Status ExchTime ES/MAR08 B 2 0 1473.25 Normal 09:35:03.000 ES/MAR08 B 1 0 1474.00 Normal...
Sorry, here is my M.A.D.A for the trades on the chart that I posted above. Symbol Side Qty Res Price Status ExchTime ES/MAR08 S 2 0 1459.00...
Here are my trades for the day.
We have increasing black volume on a BO of a short channel. Is this where we are supposed to get long?
Yes, 2 contracts for the purpose of scaling out of trades.
This is the worst trading day I've ever had. I know I went against the dominant too many times. I thought I would post my chart anyway.
I noticed that your observation has worked very well. Is this strategy always used to help get you into a big picture point 3?
Separate names with a comma.