Bar 8 bar 6 is not OB Is it not? Are you sure? Quote from Spydertrader: we have confirmed our Point Three Down Channel!! Bar 8
My mistake, #6 wasn't an OB. Are you saying that bar 8, which was confirming the bar #6 as a point three is the same situation as the 11:55 bar on 6-25-08? The 11:55 OB is the point three bar which was confirmed later. Where the other situation was the OB's first movement down confirming the point 3 two bars back. - EZ
It was better than normal, it was ab-normal. Thanks for the reply, I think we're on the same page. - EZ
Some of you may have drawn in your Tapes, Channels and Traverses in a different fashion than I. Different, in and of itself, doesn't imply incorrect. However, should a difference exist, a reason for the difference must also exist. - Spydertrader