At 9:06 Tucson time, there have been three trends this AM, each having three price moves as the pts 1, 2, and 3 were set up for each trending container (parallelogram). A pt 1 is coincident with an FTT. (Using 5 minute bars on the ES.)
The tape FTT got broken on each long trend. For whatever reason the trends were each 7 bars long and each contained three subtrends.
Several people are posting this as chop to them; I'm sure it is to them.
The OP, who is a vendor, is pointing out how crudely some traders approach the market. Why the insensitivity?
I believe people have varying degrees of sensitivity because they are unaware of the following:
1. All trading involves three mind operators: shape, spatial and movement. Every prson uses these skillfully in many other ways. Why not engaged them for trading?
2. There are only nine cases for adjacent bars. Why not use these to determine where you are in trends? 7 of the nine cases simply tell you to wait (see yellow boxes) until more advances occur on the containers.
3. All trends build as they have parts that fit together. This gives nested fractals in a ratio of three to one. Why not use this geometry to build containers.
4. Volume leads price. Why not let volume tell you about price as time passes. Look at the color pattern. Today's: short R2R 2B 2R; long B2B 2R 2B; Short R2R 2B 2R; As volume drops to very slow level the pattern continues with low volatility.
At FOMC this afternoon you will see three moves from the news. Check out these moves as they follow the pattern as well.
See if your mind is able to cut through the hubris and "see" the repeated and orderly P, V based trends.... I posted it to save you the trouble of having to click it.