preflight not certain on this, not knowing what peak vol is in the now makes me do WMCN. I was not around this afternoon but debriefing created a few questions(big suprise). 1450 bar, is that PV? For me the SOC came on the IBV 1505. Would be nice to know before that. Slightly finer tools appear to have provided clarity there. And for the preflight. I'm going under the assumption 1550 was NOT PV. The formation FBO there makes me anticipate lateral movement. With finer tools and more time left one could probably short across the lateral and play WMCN. Last bar of day IBV following no red dominant, so 1550 probably not PV, again, I don't know the difference yet. Sure wish I did
My Pre-flight 10-15-08 is as follows: 15:35 completes sequence w/ no SOC. Additionally: :40 bar = non dom :45 bar = non dom (inside bar) :50 bar = non dom (1st bar BO pennant so this also cannot be PV) :55 to 16:10 = non dom :15 = non dom (1st bar BO pennant) So it seems we are in a lateral traverse (in the form of Lateral Movement) which must be followed by another up traverse. If there was nothing to disrupt this overnight; we need to see price finish moving laterally before it begins another up traverse.
":50 bar = non dom (1st bar BO pennant so this also cannot be PV) " quote from Guava thanks guava, missed that. how about my other question. was 1450 pv or what do you have for SOC. For me the last step in this journey seems to be differentiating the SOC's and Peak volume. I'm probably missing something but still find inconsistencies in the SOC's. Not knowing these with confidence does not make this an unprofitable approach, far from it. But it does keep one from gettting over the top. I would find it helpful if the discussion went more into these areas. Am I the only one finding difficulty in this area. I have to use one level finer tool and play WMCN, which is OK but the lack of confidence sometimes lets negative energy creep in.
I did not consider 14:50 as PV b/c of the close it had, but since it was dec. range w/ IRV with a completion of the sequence; I believed change of some sort was forthcoming. The IBV of the 15:05 bar confirmed the change in dominance.