Search results

http://dictionary.reference.com/browse/dropoff

http://elitetrader.com/vb/showthread.php?s=&postid=1746006#post1746006

Did you mean a 'monotonic' dropoff? If so, 'clearly' this doesn't match the discussion and observation of a M/W day. Which is why I stand by my statement, "This is not correct." This is 'clearly' a comparison between apples and oranges. Perhaps a review of our always 'right' mentor -...

Ahh, so was he 'right' after all? Just curious.

So did we have 'volume dropoff' across the first three bars? Like I posted, not correct.

In all 'situations', the difference is the CONTEXT. 'Seeing' the market requires three things: 1) Price/Volume on properly annotated charts 2) Sequences (must know them cold) 3) Context Yes, context! If using just the YM and ES, we wait. With 'bar overlap' we must go to finer tools...

This is not correct.

I haven't decided anything, it is the MARKET that made the decision. These are not arbitrary lines and points of change that I decided; that would be extremely naive and arrogant. This geometry has been decided by the MARKET. It is never wrong.

IF it was sufficient, THEN the answers would have already appeared. Avi 8

How can one know when to go to the YM, if one's chart is not properly annotated? The posted chart is missing many LTLs, VEs, and RTLs. Also, the one leading 'indicator' we DO use, is missing - the gaussians. The two RTLs that are drawn don't seem to provide much help and aren't really...

Hey Pepe, I'll take a stab at your questions: Classic Jokari Window. A decrease in volume (price up or down) means - change is coming. What do we do when price sits in a formation? We wait.

I thank you for your contribution, bi9foot.

Ok good, but I was thinking more along the lines of what must come next. In other words, where are we in the sequence with these two bars. Yes, exactly why I exited.

Great work 72. I'll add a few more items of interest regarding this trade to further the discussion. The entry: Since the ES was in a lateral formation, this gave me permission to look at the YM. What did the YM tell me around the time I entered (11:43:40)? The hold and the exit...

Agree 100%, Prof! Hmm, where did I see this before......?

Haven't posted an ES chart lately. What I have so far:

There are some superb examples of what Spydertrader calls "channels" and "FTTs" and "Formation BOs" during the "Point 1" (at 1110) and the "Lateral Formation" (starting at 1125) which resulted in a new, how do you say, "Point 3" down. Here is some photoshop work I just did: <img...

Great Ivo! What I think is more important is your short on the next bar. What does THAT bar show us? It shows less volatility on relatively the same volume as the previous bar. This to me says to anticipate change. Again, great job!

Who cares. What does your last post have to do with this thread? I mentioned Red Hat and then you go on to inform me of what they do/did. Obviously I already knew that info since I used them in my answer to you about selling public domain material.

I don't think this is an important question at all. Ever hear of a company called Red Hat? (RHT). For those who traded during the dot com bust, many will remember this company as the one who repackaged the public domain software called - Linux.