1. To monitor (annotate) correctly you have to start from the "clean page 1", use the "clean page 2", "clean page 4", and build fractals from bottom up. 2. To monitor correctly you have to use both the volume and the price. Every 2 adjacent price bars tell a story; every 2 adjacent volume bars tell a story. If you don't start from 2 adjacent bars up, sooner or later you'll find yourself ... "inventing"
My take on the chart done live on the trading fractal. Channels are corrected during chart debrief. I missed out on alot of the annotations, and think am jumping fractals too. Doing my best to have 3 fractals included as much as possible. Missing alot of the ve/VEs, ftts/FTTs and m1 and m2s though mentally noted but have to critically log them with thoughts. emac
Assuming that bar 31 (12:05) is the start of Trading Fractal 5, the first faster fractal tape takes us to bar 33. Bar 34 is a stitch so I fanned the FF rtl to the high of this bar. On bar 35 we get a ve so I accelerate the FF rtl. Bar 36 is an ftt, ending the FF dom short tape. At this time I am thinking that I have arrived at pt2 of TF5. Bar 37 gives us a new long FF rtl. Bars 38 to 41 remain inside the long FF tape and I am looking for an ftt to create pt3 for TF5. However, it is clear by bar 40 that we have a b2b (on some fractal). By bar 52 it would appear that price has constructed a new long TF6 so my question is this: Did I annotate TF5 correctly? If so, the stitch at bar 34 was the non dom move to pt3 of TF5. If this is correct, fanning across the stitch was wrong.
An alternative would be pt3 of TF5 at bar 44, TF6 begin at bar 48 and TF7 begin at the high of bar 58. TF7 pt3 at bar 70 makes TF7 horizontal. The slow fractals are not annotated since I am still not convinced that the criteria used to draw the FF and TF annotations are clear.
And if TF7 ends at bar 67, I would expect a long TF from that point. However, bar 75 drops below the low of bar 67, invalidating any attempt to annotate a long TF. If I am attempting to hold from FTT to FTT of each Trading Fractal then any long position from bar 67 would be upside down when I arrive at bar 75.
FDAX part 1 with trading two trading fractals and an attempt to draw the gaussian lines. Need some input here. BTW... do you notice the little triangles and how they often correspond with ftts?