hm.. it might work to your advantage when everybody else is seeing incr red vol but you already see decr red vol.
I have not visited this thread in a while. I had a long post written, venting how embarassing it is to still have so many moments of uncertainty, and what I find confusing. No one wants to hear that. I had to reevaluate. What I was doing wasnt working. It seemed like with all those lines on the chart what I really needed to know was what stage the sequence was in. I started doing a drill to track the sequences only. The annotations reflect how I read the tape-gaussian relationship, and provide a path through the sequences. There is nothing new here. I just tempoarily removed the containers and incorporated the gaussians into the tapes The weight of the line reflects where I think the market is, in the sequence. Thick=go around again Medium=dominant and can look for change Thin=nondominant I found less confusing areas and came up with ways to deal with them. Focus was on 5 min es level. Some light gray annotations are from monitoring the 2 min. Attached is my view of Friday. A few of the trades were taken live but the annotations were all done in realtime EOB. At the moment, too much uncertainty in the past has created fear of executing properly and I refuse to go back to the 30 second traverses. welcoming feedback. I shared one of these with someone and it was not clear what I was doing. Hopefully some of it makes sense. This is a long way from a "thoroughly and properly annotated chart"
Drawing three levels of gaussians helps in seeing sequences on higher fractals too, and anticipating traverse and channel turning points. "Carefully" weed out increasing volume resulting from formations' BO. Nice effort ...
Just my opinion workwithus, but I can't think of a more difficult combo than IB data feed + Sierra charts. IB is OK for a backup but because of how they package their data and deal with so-called 'late trades' you can get some messed up bars. This has been discussed in the "Software ..." thread and elsewhere and I will say no more here. lj
Charts.. You must be bored. I know your intentions are good but my objective was to simplify things to see if it helped. My earlier charts from the week had those multi level lines but they were on the price chart instead of the volume chart. I'm saving them on a blogspot so I can easily compare annotations and how they evolve. Now if you could provide clarity on the few areas where it is hard to be sure of Pace Acceleration/Sequence Repeat, that would be worth the price of admission. In those areas I have to drop a fractal and keep flipping until I feel I am on the right side of the 5 min fractal.