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Not sure where you are referring to. I count 4 blue up traverses. 3 of which are preceded by pink down traverses. Perhaps a clarification of time would help. Also, provide a link to the chart you are referring to. Makes it easier to make sure everyone is working off the same chart...

Exited both postions VLCM for 11%. In fact I got out too early before lunch. I still don't think it has found its point 2. SOLF for 2%. Based on early price movement today I doubled checked the chart to see if I had made a mistake. Long still looks right direction however as price...

I would start the non-dom channel back to the RTL from where the previous channel ended and hence my answer is no.

Spyder has indicated within the last few days the he is only using the 5min ES chart currently.

Upon further review I realized I made a mistake in saying the green and blue traverses constructed a new up channel. What we have instead is the dashed pink down channel (constructed from the brown, green and blue traverses) inside of the purple down channel. We will therefore need an up...

Decided to hold VLCM. Currently up about 10%.

Chart for SOLF. Note the current dashed green channel constructed from the green and blue traverses. We have increasing black volume as price starts a new up traverse.

VISN is showing decreasing PRV today. Exited for 10% gain. Edit: Took a long position in SOLF. Will post chart EOD.

VISN broke out of the Lateral Movement as anticipated on increasing black volume giving a continuation signal. Yesterday's VISN Chart Bought VLCM as it created a FTT on the purple down traverse.

A possible long candidate. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1994436"

washed

Long SOLF Point 3 of light blue upchannel. PRV is 200% of prev day's volume. <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1972521">

Today was an IBGS on decreasing red volume creating a possible point 2. Look for a point 3 to from and another move down is possible. I don't have position but I will be watching for a possible short in the next day or two. Edit: The bar closed at 28.18. There was a trade at 27.45...

Exited for 16%. Looks like it will go down some more since PRV is at about 95%. However with the FMOC announcement, I did not want to take any chances.

When I have laterals, I try to draw channels inside of the lateral. If I can draw channels then I consider the channels before the lateral. Hence I follow price movement along the channel ahead of the lateral, If however price movement doesn't make sense, then I consider the area being...

Still holding short postion 11% gain so far. Exiting tomorrow morning. Got the increasing red (continuation). Need more increasing red tomorrow. <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1970195">

Thanks for the heads up. I was watching the 30 min but shorted when price was struggling around 17.20. The R2R followed by decreasing black is what made me take the trade. I will be keeping a close eye on it in the am.

Took a short postion. WMCN: Increasing red volume. to confirm pt 3. oops, forgot to change color of gaussian. Should be B/\R followed by R/\B <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1968499">

The red bar you are referring to is not red, it is black. <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1961917">

Unfortunately this site has been taken down. <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1956650">