As you anticipated bar 1 entry did lead PRV and then real volumeto allow you to execute a reversal any time after the volume signal was certain and fixed. You were short at the beginning of bar 2. A 3 T1 quicky took you long at the end of bar four and you had a lot of time to carve the turn to go long. The next reversl will be short. It is coming up figure out how many bars you need to know before the turn to be comfortable. Bar 8 is making a new high for the day.
Hi Jackychan, glad you are still posting your calls. After the fact of course. The market can be really amazing. Just imagine all of the points 1,2 and 3 took place on one bar. The volume told you not to jump thefrigging fractals. And you saw all of this coming the day before. Unbelievable and astonishing. Genius. You post a couple more calls and your embarrasment will be complete. 50/ 50 joker doesn't always work you know.
the first three bars of this longset you up for a trade that could happen in three bars.(6, 7, and 8) It failed to be a quicky by quite a bit on the third bar. when you know this, then you go have a smoke. I noticed some people are not familiar enough with bar by bar trading to know the bar numbers. This level of failure would be easily detected and corrected in a Montessori school. the Nun would simply make an example out of the child. this embarassment would be sufficient to allign the child's attitute to catch up. 8, 9 and 10 giv you a thre bar lateral lately. Have another smoke. These lower volume bars are "wait" bars and do not add to the forward progress of the primary OOE. Look in you 3 ring glossary and be sure you are adding details to your personal definitions. If you goof off, you get the consequences.
This time you have two T1's and you see the PRV won't give you a third. You also know it does not matter either. Make sure you wrotee down the reason in the form of a logic filter. the detractors posting now have errors in their posts (for the humor0
Jackyson, I'm completely alone here. So I have a right to be called a detractor... without s you know. Glad you are still reading my posts, bubblehead. What about the 60 bars? Your logicfilter should prevent it.
Well, I probabililistically asked too much. We can take just one bar, the bar 56. Make your call Jackysun. The volume let you know that you do not know.
Through the work that can be found in the Futures thread and IR , the first 3 vol bars set up the pattern for the day
bar 10 became BO of lat so we moved forward and got our T1's in place. you see the next peak fits into the "peaking range" and you reverse on the single peak (bar 12) go short. Same game for the short. Peaking range is on bar 18 as anticipated. Gp long. for this long there is no P1 as yet since lat has formed and we "wait". think of the wait as a call. Think of the OOE not beginning as a call. So be sure to use a log like the one I gave to Ocean 5 and he couldn't make. the detractors are explaining that they cannot follow me and they think I am not making calls. I'm not pointing out my calls for them I am just informing others. We are 1/4 of the way through the day and the opening range has been set. Did the gap get a 50% fill? lol...... We are in hold (a call) and after our rourth reversal. Have a smoke. the market quiets down around bar 33; we have 10 more bars of activity for the AM.
No he can't. He told you already he is from the Montessori school. Let the old fart alone. Let me finish him.