AM so far... Pretty. Sorry for not having the vol annotations. They are there. I just do them mentally in realtime of course. I'm having some intermittent connectivity problems so ignore the differences you see in my bar plots... <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1353141> Regards, MAK
32... Mind my connectivity flaw... <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1353346>
MAK, SPYDER et al: How do you go about setting your brackets? Looks to me to be centering on 1456.50 but curious how far out you set your brackets.
I don't set brackets for the afternoon. I either trade right through (if price stays within the channel), or I sideline and enter on an FTT. I do use brackets on an FOMC Day 2:15 PM Eastern Time Annoucement - usually setting the bracket 2 tics outside the lateral channel. - Spydertrader
@BearBelly If I have to bracket, I bracket just outside the extremes of the formation. If it is close to getting hit without major volume, I pull the bracket. Nonetheless, it is good to see that you were confident that the market was poised to move. That is the heart of anticipation. I should have caught the lateral earlier but as usual, I was looking elsewhere and attempting to slalom as depicted by my 2M YM. My grey channels on my YM are my colored channels on my ES. Nice to see everyone's chart more or less the same. Hopefully, we can get some rough days under our belts so that everyone can feel comfortable that they can annotate the full spectrum. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1353772> Regards, MAK