sure, but think mak, ..in the context of ability of perception, NLP (acronym submitted by me - natural language processing) is a subset of NLP. Don't let the common perception of terminology cloud the mental picture for possible substrative meaning.
my biggest problem is, in a situation like this(see chart) when price is resting on the trendline - where´s the clue to if it´s gonna move up again or break the trendline and move down? watching volume, but i never seem to get it right... /Stalker
Stalker one clue I always pay attention to is wrb's. (wide range bars) Those two red wrb's were telling you this was no ordinary retrace. Retraces are usually orderly.
Somehow we need to get you PRV tools. Also, we bank on the LTL and or FTT. You had your pt3 which you saw, and then you had the channel pushed wider until it was failing to be pushed wider. The decision at such points is whether to bank and reverse or hold thru a drift to the right line so the consideration is whether it will drift to the RTL or retrace. You see BA was out with an IF2 condition. My channel was fairly wide 3+ pts so i didn't mind reversing for the retrace with high PRVincreasing SHORT vol tape on the 2M YM. Here's my as is chart... I need to update since I haven't updated the annotations in a few mins.. As usual, when approaching the RTL or LTL, my monitoring is usually more biased to the YM. You can see how the channels are different between the two and presumably why at channel boundaries, I shift focus to the YM for considerations as to whether to continue holding or reverse... The left is an example of what not to do. It is reflection of the fact that I stuck to the YM for some time before shifting back to the coarser ES channel... MAK!
Can somebody provide this to me for Ensign? I wrote a simple PRV indicator for tradestation that has been useful, but I'm making the switch to Ensign this week.