Hey Gman- My .02, FWIW- 10:50 looked a little early to enter short, in my eyes. 10:40 was the peak, and we had what I felt was a retrace for the next 2 bars - cuz we had dec red until the 10:50 bar, then I saw, at 10:55 a stall. At 11:00 I saw inc red and would have gone short here. Then dec red 11:05/10, as it hiccups at my blue trend line, and a final inc red after it broke through and made what turned out to be my pt2 for a down channel. The low was at the 11:15 bar, and then moved up, but ym was an iffy signal at best - honestly, I see no change to up here. Then 11:20/25 go up on clearly dec black.11:30 reversed hard on ym, a clear down signal to me, and a clear "oops" moment if I was wrong and long.... Basically, you went long on a non dom traverse, and I think you missed the stall at 10:55 which means ......... and the inc red bar at 11:00, which should have confirmed that the stall was a signal that red was now dom. Check how I annotated it. The thick red Gaus line indicates when I felt that red was dom..... Hope that was clear, as I have a tendency to ramble sometimes....
Here's an idea for you ..... Go back to the day where I made the original statement and to the post I referenced. Note that day and see if something again manifests in a similar fashion in the future. - Spydertrader
Thursday, September 13, 2007 is Rollover Day. Be sure to update your tools to ES07Z and YM07Z. - Spydertrader
My chart so far..... there was some fanning in today's channels....it will be interesting to see your charts to compare....