Quote from ivob:
Hi,
Just a question.
Note the attached charts.
Moment 1:
we have an uptrend and just had VE. Everything fine. We got higher volume (+ higher price) than the previous peak so we can continue. It's very obvious at the moment we are having a flaw (hitch or dip) because volume based on PRV will obviously, mathematically impossibly, not be higher than 40% of previous bar with 42 more seconds to go. If such thing as a textbook flaw exists then this must be it. So I am holding long. There was no FTT whatsoever.
Moment 2:
Oops. What went wrong?
regards,
Ivo
Moment 1: flaw, so hold long
Moment 2: Oops!
My take:
Tapes, RTL Fan-out & End-of-bar BO Level:
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1606155>
Pt3 Trade, ~1.5 points:
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1606156>
