On ES 5, 9 and 17 tick failures are common. They result in a failure to reach common targets of 1, 2, 4 pts. Are there comparable failures to reach targets for 6E? I noticed 6tFs - is this right, and are there more - like 11tF? Thanks Thomas
ES, Y with 1 and 5tF, all failures are one legged (push) in this chart e.g. the 5tF at b19 is from the buy above b18 the buy above b40 would have given a scalpers profit during the second leg/push to b50
tdeu is not use to posting at Elitetrader.com forum. Simply, he forgot to mention the source of this information is a blogger name cadaver. His glossary of terms @ http://ninetrans.blogspot.ca/p/glossary.html Cadaver is a trader that uses his own personal acronyms instead of the ones used within Al Brooks method.