BT's Classroom

[pHiLtHy]

ES 3200 tick chart video...

i did one of these awhile back and here's another one i did based on fridays' action. meant to post this right after mkt close friday but got side-tracked...

this basically shows a progression of using trendlines, forks, and fibs during the course of a trading day. i always have the 3200tck, 1600tck, going w/o any indicators just so i can see how patterns are shapping up.

after recording this i realized there were a few fibs that didn't make it on there. that's because I have some shorter timeframe charts that I use to look for micro-fibs and so-on to time enteries but this 3200 chart helps me focus on the larger intra-day picture.

towards the end note the perfect target hit on the 100% extension of IHS pattern.

http://www.screencast.com/users/BBQ-pHiL/folders/Jing/media/3caff78d-2e91-4286-b5f3-7e4c836514d3