I tried several times to post my chart for today, the technical problems screen came up and told me to refresh. (no help) Is anyone else having problems posting?
Or not reaching right trend line at all and resuming dominant direction. In other words in order for a BO to fail, it is not necessary for a price to come near to, or go through the RTL.
I think that the long version is: FBO= Failing to break out of the right side trend line, or after doing so, fails to remain outside the trend line (right side) for one bar.
I think I saw Mak saying the exact same thing:" For me the aha's came because of the "DU/VDU/FRV concept" coincidence?
The price tries to reach LTL, moving towards it, but after failing to reach LTL it retreats in the opposite ( non dominant direction) Get a video from the futures journal and Jack's Channel Document.
Yw. As romanus pointed out there's a document as well, Channels for Building Wealth. Really a 'must read', but perhaps a bit confusing if you read it all at once the first time. At least it was too me.
Seriously, nobody has built a small application (besides Clym's Excel Sheet) to scrape Earnngs Dates?