thru 31... Being ASAP... Channeling the traverses... WHY? Because the endpoints of the traverses are our channel boundaries... In a nutshell when a new channel is forming, channel the traverses... to get what is required pt1,2,3... From there, the channel is set and I shift to monitoring for flaws especially FTT's... Note the revision I had on the previous.... BRB change is here.... MAK!
THru 33... Cleared of some of the pencillings for clarity for others... So our change was pt3 and now our channel formation is complete... What's next??? An FTT... MAK!
Done for the day and traveling the rest of the week... bringing my 3-ring binder to study so I should have many questions to post next week.
here's what I see.. notice the b2b on ym as macd converges. I think we cycle along here through lunch; things won't get interesting until we hit the traverse line from pt3 of the shallower short channel. edit 13:07. oh well, that's what I get for prognosticating.. --laz
makosgu Hope you can help with these questions, I have attached one of your previous charts for YM and would appreciate your answers. Basically there is a trendline in green, how did you select pt 1, how did you in realtime at pt 1 extend the bottom trendline to connect with pt 3, e.g. how did you determine the slope or angle of the bottom green trendline? If I had drawn it, my trendline would have been at a much steeper level, as I would be attempting to connect the two consective bar lows at point A Many thanks for your help Osho