My turn: 13:15 FTT of the traverse par excellence (for moi) + (decreasing volatility on increasing vol (tape signal for change)) + I always compare the volume of the tape starting from point 1 with the volume of the tape starting from point 3. To much difference = exhaustion (in this case) Sidenote: I have no lateral there. 15:40 I was on alert on this f*king bar. Since we are still in the channel and the price kind of bounced ( close<> high) from the RTL of the channel , I was comparing the volume and the volatility of this bar with the same attributes of the 14:05 bar (same volume = similarity of the players and the same res level). The very next bar confirmed, that the intention of the bears had been thwarted. FWIW.
hello guys I need help Would someone have the kindness of pointing me where i could find information on how to manually draw the volume gaussian lines. i have read thousands of pages of posts but could not find anything on the subject i would greatly appreciate. thank you very much
-the gau manifesto http://www.elitetrader.com/vb/attachment.php?s=&postid=833448 this is all you need to know how to draw it correctly but just in case you want a little more http://www.elitetrader.com/vb/attachment.php?s=&postid=1381117 http://www.elitetrader.com/vb/showthread.php?s=&postid=1716056#post1716056 ehorn's link
Did anyone view yesterday's activity like this? I based my annotations on Spyder's advice that formation breakouts do not a trend make.
While the rest of the world laments the meltdown of LEH and wonders whether another 150 year stalwart of the U.S. Financial Industry plans to go the way of the 'buggy whip' manufacturers, when tomorrow's opening bell sounds, everyone reading this thread should remember where to appropriately place their focus. No matter the day, no matter the market, no matter the time frame, Price moves in concert with Volume following the sequences of dominant, non-dominant and dominant. These same sequences repeat all day - every trading day - in every market on the planet. Good Trading all. - Spydertrader
Crude September 12 2008 close. This is what I have for an anticipated move as of now. As damage is known from Ike, there can be an affect on this. See what this week brings.