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No later than the [close of] 15:46 YM bar. - Spydertrader

You do? <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1928540>

Really? <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1928537>

It might be back at Point Three of the current trend if one needs to draw an acclerated Channel, or it could fall at the last 'trough' in volume. Yes. Chanels First, then learn to match the Gaussians to the channels. - Spydertrader

Correct. The YM even attempts to confirm this 2 minutes later. Two minutes after that, the market headed lower. At the time you made your decision, you did so correctly. After that time, the market changed. You skipped over The ES 15:45 [close of] Bar. What does this bar tell you? -...

Come on now folks. Anything different about the bar directly after the bar which signaled change?? Anything at all???? Note also the YM (15:36 to 15:42 [close of] bars). Three Change signals back to back to back - with the last one forming an FTT. Peak Volume, Pennant, Formation FBO...

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1928497>

I dunno' what you see (as I cannot 'see' through your eyes), but the chart you posted shows increasing Black followed by more increasing black. While the first increasing black bar appears to close back inside (Formation FBO) which would signal change, if one looks over at the YM (12:04 and...

On occassion (less than three times a day), a sentiment shift devlops in the market very close to the time when our Coarse and Medium Level (ES 5 min and YM 2 minute) tools reach their respective closes. As a result, of this sentiment shift occuring just before the close of the bar, not enough...

Perhaps, you could post a chart showing exactly what troubles you? My chart shows increasing black Volume followed by more increasing black volume - which indicates a change in trend - referring to the Lateral Formation BO. - Spydertrader

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1928172>

ANW BCSI BEXP BIDZ BMTI CALM CAVM CFSG CHDX CRY CSR CXO CZZ DDS DLB FSYS FTEK GIGM GSOL LAZ LDK LULU LXU MALL MASI MEA MFLX NNI OME PERY PSEM RICK RVBD SCOR SDXC SNCR SOLF STAR STEC STV SWS SXE TESO TLEO UDRL ULTR VDSI WX ZOLT ZUMZ The above list meets Fundamental Criteria for ... Price...

It does to me, as I annotated that area in the same fashion as you. - Spydertrader

Find the one bar, and see if you give the same answer. - Spydertrader

You should now have the ability to do the same thing beginning at 13:30 [close of] ES Bar (all times eastern, BTW). Based on your current skill set, only one Bar should give you a problem between then and now. Bonus Question: Where does the answer reside for that one bar? - Spydertrader

The market signaled a Point Three down channel and a Point Three Up Channel within this specific example of Lateral Movement. Perhaps, context, in this specific example, differs a great deal more than what first appears. - Spydertrader

The 12:58 [Close of] YM Bar signals change for the reasons mentioned, and we 'see' the 13:00 [close of] YM Bar confirm this signal for change. However, you already know the ES is moving between Point Two and Point Three. Since the YM 'cycles' 2.5 times as fast as the ES, a trader can, 1. follow...

And as a result, Example One did not form a Point Three Down Channel, whereas Example Two did. Nicely done. Subtle differences, yet all the difference in the world. - Spydertrader

Over the period where you defined Lateral Movement. - Spydertrader

How does Volume react in this specific example compared to when you note lateral movement in past examples? - Spydertrader