1.Does the market open? :)
2.Do we have channel(s)?
3.On what traverse of the channel (Dominant/Non-Dominant) price is now?
4.If Price is on Not-Dominant traverse
4.1.Are P&V (Price and Volume) doing what is expected? (feel free to find answer what they should do :confused: )
4.1.1.YES, P&V are doing what expected.
No changes expected;
4.1.2.NO, P&V are not doing what expected.
Expect changes;
5.If Price is on Dominant traverse
5.1.Are P&V doing what is expected? (feel free to find answer what they should do :confused: )
5.1.1.YES, P&V are doing what expected
No changes expected;
5.1.2.NO, P&V are not doing what expected.
5.1.2.1.Is it Flaw?
YES, it is Flaw.
If we have Flaw, what we do? (feel free to find answer what we should do :confused: );
NO, it is not a Flaw.
Expect changes;
6.If ES chart does not provide answers for questions 4 or 5 look on YM chart and ask same questions.
7.Repeat steps 2 though 6 eighty one (81) times at the end of the each 5-minute ES bar until market close.
8.Does the market closed? :(