Price made a lower low. Therefore, we have a red bar - irrespective of what ESignal says. Don't take this the wrong way, but we discussed this topic as well in this very Journal. Based on the number of critical items missed, one might conclude a review (or a first pass) of the material is definitely in order. Never watch your P & L. - Spydertrader
Long SOLF Point 3 of light blue upchannel. PRV is 200% of prev day's volume. <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1972521">
why did you take a short position when there was a confirmed close outside of the lateral on increased black volume at 14:05? Also where are you getting your red channel from? also, no volume???
What did the YM indicate at that exact same moment? 10:05 and 10:30 [close of] ES Bar (Points One and Three, respectively). All times Eastern. Looks like he 'snipped' the Volume Pane accidently in his screen shot (or on purpose so you could 'see' the Price Action [and his 7.5 points in profit] better ). - Spydertrader