Search results

:p

I am certain this will come off sounding unnecessarily terse, but is it really necessary to give a play by play when everyone is looking at the same charts? Insightful remarks and penetrating questions are great, filling the thread up with common observations is another. IMHO, not a...

Yellow text are the manifestly incorrect analysis.

Spyder said: I suspect the answer to this question can be found in the charts.

Part 2

Part 1

More specifically, 13:35 was a BO on IRV of a Pennant Formation and Lateral Movement. :p

I could swear I have read this somewhere before :D :D

If you are in the Futures Journal than you most likely are 'making huge errors w/out even realizing it', just like all those farther down the path had done. However, the answers and the ability to ask the right questions do lie ahead :).

I believe I got snookered at this point b/c I wasn't giving proper weight and consideration to recent developments. The 10:50 bar gave us an accelerated Pt3 down channel. This also appeared at the time (and also in retrospect) to be an FTT. We had a dip at 10:45 so that satisfied the...

:D

Ivob, Basically I anticipate the market to develop in certain ways and when it doesn't, or when WMCN doesn't, I interpret that as a signal for change.

Ivob, I was already long from the close of the 13:55 bar. The IRV of the 14:10 did alert me that something was amiss, but I was slow to react which is why I posted the "Oops, pennant BO w/ IRV, reverse short" at the 14:15 bar. Hope this helps.

Correctly put Talas. Although I summarized this thinking with 'something is amiss' the out of whack PV relationship going on was the underlying factor involved.

Also you could say to yourself; "self what we have here is an inside bar/FTP with increasing black volume. This horse just doesn't seem right. Usually we have decreasing volume in these here situations. We sure don't expect this. Since the market is doling out something peculiar like this...

WARNING: The views expressed in this post are rantings of one dude that is working through the "Analyze" phase of MADA. Peruse at your own risk. :cool:

A BO of a pennant formation on increasing red volume :D

I hope this doesn't come off in a condescending way, but IMHO your charts do not reflect the requisite amount of understanding and detail that a working knowledge of the Journal's offerings provide. That is the very first step in learning this method and it takes time and your own energies to...

Ouch man...very ouch :(

You lost me after this sentence:confused: