So I looked a bit deeper in to it my strategy. I put little tee pee hats on the volume bars. For the FIRST time volume lined up perfectly. I usually have to struggle and make things fit, This half baked strategy lined up perfectly! If volume is what causes price to move then volume should line up. "You see what you want to see" suddenly has a big thumbs up from volume.
Will have to wait for my charts to have more historical data. the other thread is on hold for now. This means that productivity is 0 for Monday Tues Wednesday we cant blame the platform though Any ways here is yet another look at volume.
When ever we see that a box tells us we are in an up or down trend it is followed by just that. It fails at the open of today as we opened higher. however we do not have PM data and if we degap down one could say we were in a down trend. There is also another box where price reverses and volume keeps decreasing. It is the box with the high bubble. Sorry bout the channel tag. but look behind it and you will see that volume started at the top. and a tail is shown at the bottom, and then back up. That box represents a change as volume is continuous and price changes. So now we are left with a NON lower biase. But our yellow TL tells a different tale.. I hate this channel!!! But if i was in it Im sure id be laughing
Here is arrows that were made in the PREVIOUS bar. You can see that already a green bar has presented itself. it takes some time to copy and past.
Also volume is too low so either way we are a bit premature. There is this guy that comes to the same coffee shop as me, he always stares in one direction and usually it is close to me. Is it JH ? kiddin
Yikes he just left after that post. Coincidence? I thought my "See what you see chart was a coincidence" then I looked at the volume line up just right. Coffee on my next time J, just jump on your jet next time you see this IP!
Another green bar. Volume is really low though. maybe a draw a tape and exit when it is broken ? traditionally that does not work for me but its a new year
I guess with the low volume we need to be careful. This channel could be an exit strategy. But this rockets got no juice.
We have been stuck at todays previous pivot. I sware I could of made some good cash scalping in the 1718.25 range. There is no volume if it dont come in quick expect a break of the channel... Which just happened