Technical Strategy

Three hours out from the FOMC announcement volume dissappeared. YM even more anaemic...

(n.b. times shown are EST +5)

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What do you call volume when it's under VDU?

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Quote from ehorn:

Unpredictable and Unprofitable :)

Or as I like to call it... "Nap Time" :D

LOL... lucky for some!

How about Less predictable and Less profitable? :)

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Simultaneous breakout of the short traverse and short intermediate trend, with designation of a long channel P3.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2223881>
 

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Despite my best efforts at maintaining coherence, and despite being on the right side of the market since bar 55, I couldn't help vacillating between red and green. Also, the EmWave screen flickered for a few seconds and my ACS plummeted in a vertical line. Having skimmed through the manual, doesn't seem that's a design feature, but I could be wrong.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2223890>
 

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Looks like the vertical line occurred at 14:15. I wasn't even looking at the chart...

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2223941>
 

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Summary of all EmWave sessions to date.

The small white numbers at the bottom of the green bars represent the difficulty setting (from 1-4).

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2223957>
 

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