Iterative Refinement

Quote from charts:

I guess ... you wanted to point to the olive up move as the morning Leg#1 you annotated, not the blue traverse ... :) In the afternoon the two laterals are the two dominant movements of the non-dominant traverse of the down purple channel ... :)
More...
... and Leg #2 is the orange down movement ... and Leg #3 the olive up one ... ? ... :)
 
Quote from charts:

I guess ... you wanted to point to the olive up move as the morning Leg#1 you annotated, not the blue traverse ... :) In the afternoon the two laterals are the two dominant movements of the non-dominant traverse of the down purple channel ... :)
More...

It is a bit confusing. Orange and olive are not traverses and the blue widens or rolls to the green. So it appears the green channel is just a large traverse. I'm not sure and trying to work through these, so thought I'd post 'em. - EZ
 
Anyone ever seen a Limit Down before? I understand why, but would like to be enlightened as to the trading ramifications once the ES is available to trade.

Enter long and hold?
 
Quote from brandx:

Anyone ever seen a Limit Down before? I understand why, but would like to be enlightened as to the trading ramifications once the ES is available to trade.

Enter long and hold?
More...

Even better...MADA all day :D
 
My chart for today

4 traverses. 4 trades.
A couple of question:

I seem to be getting too late out of my positions. For example, in the Lateral Formation that started at bar 26/1340, we had the FBO on IRV (my exit using PRV). The BO came 4 bars later on DRV. Beginners are to hold during a Lateral Formation. Am I missing something from the Lateral 5min toolkit, or was I supposed to hold until BO?

sometime in the beginning of the Lateral at bar 26/1340, a R2R formed, can someone please provide me with a link to more information about this phenomenon (R2R/B2B in Laterals) and what information to take into account in Laterals using the lateral toolkit?

Second question: Regarding the FTT at bar 69/1515. Am I correct in my understanding that this in SOC - it could not have been before using the ES 5min traverse toolkit?

Please forgive my ignorance, as I'm sure the above have been covered numerous times already :) I am just looking for hints so I can focus my research over the weekend
 

Attachments

You must log in or register to reply here.
Back
Top