ES Multi Day analysis TL Test coming from a LOWER HIGH preceded by a double top. Keeps getting interesting. Anek
Cool thanks [ I am waiting on a retrace of this down move ah to try a short....we shall see, not gonna stay up all night for it though UOTE]Quote from Anekdoten: End of 08/26 ? Anek [/QUOTE]
Are you reading HH/HL's or LH/LL's per every new bar that is formed or per pivot / wave? Looks like bar to bar from the charts but just wanted to be sure. A little different for me because i'm not used to volume/tick charts yet. ~Cx
I was waiting for someone to spot that and glad you did. A combination of the nasty formation with a sign of weakness from my oscillator (solid crossover), combined with a very ugly red bar that made a lower low. Definitely not a classic AHG play but something I would have taken, i think. For all practicalities that's a stay out kind of play but then again I did say the chart was mostly for myself but posted anyway. Remember, this is hypothetically, I did not trade today. Anek
Are you talking out loud or did you stop using the HA bars? Weren't you just using those to help you decide whether or not to stay in a trade?