the first thought comes into my mind, it doesn't look like like any of today transv, too far down. Amazing how I remember each one of them.
Did you figure out when it will be AGA or change, in real time, or is this just hindsight annotation?
Most confused this a.m. PFC told me we completed an FFT yesterday so today we would be heading down. First bar of the day didn't disabuse me of that notion, but I entered too hastily on the 3rd bar only to get chopped up until 10:40 finally opened. As is my way, since I was discombobulated earlier, my confidence was shot so I crapped up everything until around 12:20 or so. All was going fine from this point on until the 13:05 bar. Was this "deceleration" thus allowing a FFT to form and then we have permission to seek change? or was this just a hiccup in an uninterrupted tape down? This question really came into focus with the upward Price movement beginning at 13:25. Was this a retrace to a Pt3 or a change in dominance? Needless to say this too turned into an ugly period. Of course it turned out to be a retrace so the question is what went wrong? Were my tapes for the period of 12:50 to 13:15 incorrect or was that period indeed an FFT that was also an accelerated FFT so we were to go around again? Not sure. But I do know that I do not know how to draw tapes correctly on a consistent basis. This is an enormous cause of frustration and considerable losses. If they are as Spyder says the building blocks of the method, then any weak points will build a weak structure. Take this from a recovering contractor to be true. If it was a failure of proper tape drawing then here is my suggestion. Spyder often says he likes to use the first dominant bar out of a lateral to draw from. Perhaps this is also true of tapes. It has been customary for me to start drawing from either the first bar out of a lateral or to the first bar out of a lateral. If I had done this in this scenario, using the 13:00 bar to start from, than all dominant Price movement would have been in a single uninterrupted tape to 13:15 and with the break I would have been anticipating a retrace to develop. I am open to others take and interpretations. That includes those who know the answer. Don't be shy. Good weekend to all. Guava