Quote from horton: SPX 10m 1630 Held Bid after SPX 10m 1630 Failed Offer to infer SPX 60m 1635 to 1640 Touched. But SPX 1635 is already realized by ES 1632.50 at the Asia open. Now SPX 60m 1640 Touched as conveyed by ES 1637 Touched..
Quote from jack hershey: The sentiment changed to short on bar 78. A FTP followed, then two lat bars. No gaps to correct. So the open is following an internal lat sequence of P1, T1 and P2. A point will appear that is an "a" turn (DOM to non DOM or a "c" turn DOM to DOM. OH CRAP!!! :eek: I sold my faux Van Gogh to take that!!! It was the good one - with the dogs playing poker!!!
Actually, the amount of sheer nonsense and ambiguity in this thread is making me change my mind. I mean, I'm still going to study this on my own, but I don't know if I can deal with another thread full of obfuscation, charts with non-specific commentary, and incoherent ramblings. It might still be fun, though.
grasshopper plays the Yes, But game while the ants march by with chopped wood and carried water. Then winter comes.
Here's today's chart. I don't really see any price patterns except maybe a 2t that is labeled on the chart. I just put "pivot points" on my chart after reading about them in IronFist's thread. Historically it seems like sometimes price respects them and sometimes it doesn't, so I'm not sure how useable they are yet. If anyone would like to share some specific things from these charts related to price action, feel free.