Search results

ES 20080522

ES 20080521 FWIW, this is where I saw change. There are a number of errors because I am getting very confused about whether or not pt3 has occurred and whether or not I should be holding. Sometimes it seems to be on a tape, sometimes a chubby tape, sometimes a pt3 channel. One thing is...

3 ways for price to move from pt2 to pt3? 1. A retrace 2. A lateral formation or pennant 3. A lateral movement

Despite all the times I have seen increasing volume between pt2 and pt3, I still don't think this aspect has truly sunken in. I saw the change at 15:40 and even saw the incr vol that followed but with pt1 and pt2 on the same bar and the rtl bo on decr vol, I was convinced we needed to fan to...

It tells me I am going from pt2 to p3

ES 20080520 A couple of questions: 1. I saw the 13:35 (close) bar as a Long signal due to incr red vol and FBO of the sym. YM at 13:34 showed LL on decr red vol, supporting the long. Was this a valid L signal? 2. With a change signal at 15:40 (incr red vol and decr range) I was...

All I was trying to say was that if a pt3 has not yet formed one must be mindful of the possibility that price can move laterally to form the pt3. After pt3 appears, we anticipate that the trend will continue. If price enters a new lateral we should not necessarily expect price to exit the...

ES 20080519 perceived points of change. All actions are bar close. a. L resumption of long trend after decr red b. S HH dec blk c. L rtl bo decr vol, fan rtl d. S k vol and ibgs ym e. L FBP fbo f. S FTP fbo inc blk g. L FBP fbo inc red h. S HH dec blk i. L FBP bo inc blk j. S ibgs...

Lateral movement between pt2 and pt3 is seen as continuation because pt3 has yet to appear. After pt3 has been formed, lateral movement = change. We must consider context.

FWIW, I saw the LL on decr vol as a signal to anticipate change to long. YM also formed a LL on dec vol.

ES chart 20080424

bar by bar commentary 20080424 all times at bar close

Continuing the bar by bar commentary for yesterday (23rd), all times quoted at bar close: 11:00 ibgs, short 11:05 decr red, change, hold for pt3 11:10 HH decr blk vol, retrace to pt3, hold 11:15 LL dec red, lat movement, hold 11:20 LL incr red vol, pt3 confirmed 11:25 FBP, dec blk vol...

I have been using QT + IB for a few weeks and I was getting so many incorrect volume bars it wasn't funny. I trialed IQFeed this week and got the same problem. Just switched to NT + Zenfire - very fast and no vol glitches :)

An interesting example. We have rtl bo at 11:05 on decr vol, requiring an RTL adjust and then bo of this new RTL at 11:15 on incr red, confirming the FTT at 11:10 and a change of dominant direction to short. To me, this looked like the beginning of a new short channel. We have decr vol on ES at...

Frequently I see increasing volume on the non dom traverse from pt2 to pt3 and then pt3 forms with decreasing volume in the dominant direction. This is not a rare occurence and it continues to confuse me.

Volume displayed on an Esignal daily chart is the volume from the day before. I raised this question recently on the esignal user forum when I could not correlate volume on an intraday chart with the daily chart. This little efs will correct the problem. Just change the file extension from...

In the first example, price forms a lower low and then closes high, giving a reversal (change of sentiment) as anticipated from the jokari window. In the second example, price forms a sym pennant, then an FTP intrabar, then a higher high, giving a continuation on reducing volume, a failure of...

Clearly, when the bars overlap initially we have lateral movement. Intrabar, price moves from a sym pennant to an ftp and then to continuation on reducing volume. This still appears to me as one case of continuation on reducing volume and the other as a reversal on reducing volume. Volume on the...

I am seeing numerous examples as described above but cannot see the differences to which you refer. I would be most grateful for an explanation. The link below shows the original clip where the jokari window appeared to work (i.e. change) and the attached clip is an example of where is appears...