And what happened next? <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1623203"> Now the same thing in the opposite direction, +prv black for the BO, then retrace then PT3. "Business as usual," as Mak says
Very nice. The dominant RTL XO -> BO really helps to confirm that the BO will not FBO. Yes, for the more skeptical, well what about when you have BOs on RTL XO but with DECR PRV??? If the subsequent bar CLEARS the RTL, I usually flip into either PENNANT or LATERAL modus. For furthur clarity, I scoot over to the YM to see whether the RTL XO has already occured and/or has cleared the RTL... Typically, I get the XO on my YM before I get it on my ES, hence my belief about Y before E except after C... By being PV strict, it has forced me to have sequences that point me to where I can comfortably navigate the action. Although my chart annotations may be different, we still get to the same place... MAK!
Compare to my early entry ... This was almost a cc of my trade of yesterday ... <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1623276>
eod cv: look how nicely it expands the high volume / volatility periods, and compresses the low volume / volatility ones; I keep an eye on it