Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

frenchfry

Members
  • Content Count

    52
  • Joined

  • Last visited

Everything posted by frenchfry

  1. Hi Spyder, in your lateral drill, is there a reason why removed volume and only showed price? Was volume not important for those three specific laterals? Not important in general when you look at laterals? Could you have removed the bars before the lateral began and still make your point? Could you have removed the bars that followed after the lateral ended and still make your point? In other words if you only showed the first and the last bar of the lateral would that still be enough information? Thanks.
  2. This is what I can see so far: - The first lateral is in the dominant direction of that blue channel. If it breaks out with rising black volume in the dominant direction, the trend should continue. If not then it will go down? - The second goes in the non-dominant direction. It breaks out in the dominant direction. But probably volume would have told me that it is not yet finished (traveling from pt 2 to pt 3?). - The third one starts with an IBGS bar or outside bar and then continues in the dominant direction. On the break out in the dominant direction black volume should increase? How are they the same? Maybe: They are all laterals? They all contain hitches. But don't ask me what it means. Even though this is all I can see so far, this is still more than what I could see before Vegas. Therefore big thanks to Todd and greetings to everybody else.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.