Whoa guys... A number of people have asked me to clean up the little spat going on, and I will not let this thread go down that path. Let's dial it back, keep the focus on trading, and avoid the personal attacks or abusive comments. Thanks.
LittleMac, I don't know whether my comments are helpful, but I would not be able to overcome the temptation to go short on the bar that is the fifth from the last one. I would compare the black (grey) volume and the volatility on this bar with the volume and the volatility of the 13:35 bar. FWIW. http://www.elitetrader.com/vb/attachment.php?s=&postid=2019165
So, this is my first shot at this. I'm annotating on level 1 - beginner (forest/tree). Comments welcome
Chart for today. Fun.... erh... 'fan' day. You all know that a 'thoroughly annotated chart' actually includes all those little cute labels, right?