Last bar on your chart (1225 close of): http://www.elitetrader.com/vb/attachment.php?s=&postid=2388565 closed inside the prev bar => the mode is red. On a top of that it closed inside the down tape. I'd say you did get your r2r that you were expecting when you posted this: http://www.elitetrader.com/vb/attachment.php?s=&postid=2388524Quote from gooch87:
off to work.
However it wasn't the type of r2r which is followed by b\/r on the same fractal. I do believe one can anticipate the r2r you were expecting, to be followed by b2b2r2b ending the sequence for 5 min ES level traverse. The ability to anticipate requires knowing that 1120 is p1 of the 5 min ES level traverse.
If I am wrong, somebody who knows this stuff better than I do, please correct me.
