The Ghecko is TOO funny to put on ignore. This loser is an awesome fade. But you must be careful, because when he places a trade is in the many thousands of contracts (on paper). But it does cause an effect in the "real world".
couple of lines plotted at 1200-1202.75. May get another entry before we drift. emg may get his target if we get some euro speak.
If you mean the profile on the right of your chart ... when you redraw the profile to include a different period (extend it more to the left), if won't have that shape. That theory does not hold much water... You can make the profile any shape you want when you change the period of it. I assume you're referring to "P equals up, b equals down" ... all that means is that more volume happened at the top of the range, or the bottom. In fact, when volume enters strongly at the bottom, I would not typically expect a continuation downward. But it all depends on what happens next anyway. For example: http://screencast.com/t/1fpr293VCgi