The changing relation between price and volume could only indicate that we have already started a new trend, or we are in between 2 trends. We did have an FTT but that point cant be used to create an uptrend, only a down trend. Also its friday and weekends often out weigh trend lines
don`t give on my f...ing sh.t."Outweight'' my a.. don`t oyu get it?spot the pattern and just trade it!!! quam minimum credula postero. p.s.later,you may be able to add the 2-nd pattern.2 patterns a day enough to become an ugly gazillioner.i`ll shoot you,if you become one.you must donate 50% of your earnings!
Steping back reminds us we are in a period of consolidation. Touching the long term lower channel is not as likely. We could see a turn around here the PM chart seems to be knocking on the door Just an observation. entry can only be made based on things we have seen occur in the past. Volume is unconsistant, DU is not as trustable channel line seems to be violated in the PM nothing solid.
we have a break of the green line intermediate trend line. however price stayed in the transvers (some thing i have never seen before(maybe its those damn forks !) The only indication of a break out we had is a failure of teh price and volume. Failures should not exist, so that would mean that new trend line is in the old one meaning that we can atleast point 1 Long term failures to date only have volume relation as indication of a break As for our friend the magician who told us not to use night time volume, he owes us a "slug" here. Nostradamus's refusal to look at PM volume did not let him see that we had already broken out of the channel pre open. Did he have another reason to see the break out ? Look at this baby go! it is in no mans land ! NOSTRADAMUS !!! do something.
lol Thats not magic ! how about we charge per correct call? I will tally up this calls profit and send you a bill It will be from the PM trading desk
Will use the codeword: ''The sun is shining(means you go long), But the ice is slippery(you go short)".