Thanks for the response Spyder. I'm going to have to spend some time digesting this answer because I can see the potential for me misusing this...
By default, price is unknown as it exits a formation. However, I do not see any type of formation being exited by this bar. What am I missing? -A
Hey Spyder, Can you explain why the 12:15 bar did not provide the R2R for your P2? Thereby making 12:00 to 12:55 a nontradeable traverse for...
Hey Spyder, I had a question about the up traverse we had at the end of the day. I did not see the return to dominance to complete the...
Okay, let's think about it this way, by the end of the 10:45 bar, as you pointed out, price and volume are providing WMCN to meet the very general...
In addition to what you pointed out about the 10:45 ES bar, we are also provided with some additional information by this bar. If just using ES...
The context I'm thinking of relates directly to this issue, but I'm not quite sure it is valid analysis so hopefully Spyder will provide some...
So now on the ES 10:40 bar we've had price try to continue down, but could not get the necessary volume so we end w/ a FBP. So ES alone probably...
We've had an FTT of an established steep up channel that, as you pointed out, creates a bigger picture p3 on the YM. However, the 10:30 FTT and...
Exactly, the point of needing more inc volume in same direction after bo of lateral is to confirm dominance. Those two things let us know that...
Great, this is definitely one of the first things that must be considered with this bar. The ES shows us coming out of a retrace and heading...
YM
A great Lateral Formation (beginning 10:35 bar) to test knowledge of context and sequencing. You are provided valid reasons for taking signals...
Three words over, but maybe the last sentence is unnecessary ... giving me the magic number.
My attempt.
In light of recent discussion on this thread, I thought I would make a few suggestions. As has been pointed out, there is a lot of information...
R/R made a good point in asking you about the FT3, earlier. You never have an actual FT3 where your p3 and FTT occur on the same bar - that...
Hey Romanus, I'm not exactly sure what "reversal" you are trying to avoid, but I'm going to assume you reversed on the sign for change given by...
Bars 9 to 13 were simply movement from p1 to p2 with bar 12 giving us increasing red confirming that down had become dominant and this was more...
http://www.elitetrader.com/vb/showthread.php?s=&threadid=37454 Thanks for your efforts with the NT coding, that goes for LostTrader and Pepe...
Separate names with a comma.