Bundle, Lets take the example of the weather outside with 2 possiblities - HOT or COLD. Suppose I said to you that it is NOT cold, your arguments imply that since I did not tell you specifically that it is HOT you will not accept that it is HOT outside. Here is a reply that I made to an earlier post from you where I mentioned the following http://www.elitetrader.com/vb/showthread.php?s=&postid=1574304&highlight=anticipation#post1574304 We have discussed sweeping the data ES->YM->STR/SQU->DOM->TIC and it has been stated if you don't get a change signal you hold. So I don't get why you keep repeating that it has not been specifically stated that if the market says nothing it means continue. My 2 cents.
There is one thing for certain. Most people will never get it. I'm just full of pithy sayings today. Maybe Im just full of it..........
Let me get this straight .... After learning your most recent view of the market was incorrect, and after receiving a corrected viewpoint, you chose to launch into a 500 word post laying out your argument step by step, as to why you feel I need to change my approach, rather than, immediately applying this new information to the market in an effort to actually go and learn something. I guess that esteemed intellect of yours (we've heard so much about) caused you to arrive at this course of action. Brilliant Bob. Simply, brilliant. - Spydertrader
Nice... That's how I annotate my volume... But I do all INCR V. I double annotate the INCR V bars that also had RED/BLACK INCR V shifts... Regards
I like to run a clean ship, so unlike some I adjust/delete things as I go, leaving lines that are irrelevant to the present (old tapes) or that clutter my mind out of the picture. They are unnecessary for debrief since I often record video anyway. Nothing makes me cringe more than a spaghetti chart :eek:
That's why I mentioned it's not textbook. I wasn't looking at it as a multibar HVS. Having a single bar traverse itself more than once is a type of HVS, high volume being another part of it. Here's my thoughts: It didn't go higher, it wasn't a hitch, it didn't dip, not CCC, too much volume for a stall. The only things left are HVS or lateral at this point. It also has the even harmonic DT thing going on. The bar before it was the actual FTT in hindsight. Again not textbook with the volume, but that happens. Also the volume could be split on the doji bar. So while a little wary on the BO personally, there was more going on before the BO to suggest change. It may be late but the next bar BO's for sure, and looking for more confirmation. Then I'm alert for a FBO because of the lower volume of the bo. Might want to glance at the 10m chart too. These are just some things to consider. A few other things that may or may not be helpful are where we're at in the day's range, time of day. None of this takes into account YM, pace or other tools. Regards - EZ
I noticed something strange with my STR/SQU during the nice run up @ 3:05pm today. Basically I was getting SQU signals of -3/-4 (short signal) during that run. I reviewed my screen capture and I got the -3/-4 at 3:08:13, 3:08:37, 3:09:24, 3:09:49. Never saw anything moderately close to even being greater than +2 which is what we should have seen during that run up. I have attached a screen shot. I was probably centered around -0.5 during that time. This is not the first time I have seen this kind of discrepancy, I have checked my formula in QT and it is correct. Kind of hard for me to trust my STR/SQU signals. I am using IB for STR/SQU calculations. Could someone that captured their desktop kindly check what STR/SQU was like during that time. <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1620586">