Recent content by Nope

I attached a marked up chart. ES. Red=Short, Green=Long , the stop-outs are also marked. The black line on the far left is the premarket low for the day. For intraday trading the straight line method, are these trades taken correctly or incorrectly? ps - I know that once the short was taken it...

The red channel is numbered in the way it would have happened in real time. 1 is the high, 3 is the low, 2 is the lower high. That's how the channel is drawn. Your post has nothing to do with my question and I don't want my question buried under garbage and missed. Stay on topic.

DB posted this in the SLAeyr thread. The red channel is the proper one as it is drawn real time and not after the fact. My question is - when does the channel get adjusted? What is considered to be a higher low and higher high on this chart? The red channel is clearly broken. At what point is...