Last bar on your chart (1225 close of): http://www.elitetrader.com/vb/attachment.php?s=&postid=2388565 closed inside the prev bar => the mode is red. On a top of that it closed inside the down tape. I'd say you did get your r2r that you were expecting when you posted this: http://www.elitetrader.com/vb/attachment.php?s=&postid=2388524 However it wasn't the type of r2r which is followed by b\/r on the same fractal. I do believe one can anticipate the r2r you were expecting, to be followed by b2b2r2b ending the sequence for 5 min ES level traverse. The ability to anticipate requires knowing that 1120 is p1 of the 5 min ES level traverse. If I am wrong, somebody who knows this stuff better than I do, please correct me.
... I've annotated 1120 as up traverse pt3 ... 1200 is PA, and BO of the 1135 lateral ... there's another lateral starting 1210 ... 1225 is a spike bar, and FBO ... 1245 DU is almost OB, and pt3 of the ff traverse ... 1305 is end of sequence, and change
... and none of these things are really relevant to what people are trying to accomplish here, which is learn to use trendlines (including those of tapes and ff traverses) and gaussians on multiple levels to determine the end of sequences on each fractal. No offense
... none taken ... your comments didn't make sense to me (no offence), so I thought to help ... ... beginning from the first bar of today, analyzing bar by bar, (on the 5 min fractal discussed on this thread) there was no signal to go short until 1305, and I posted some clarifications for the period you discussed ... sorry it doesn't help
ES 20090415 Not sure if the light blue "thing" (p3 12:45) decelerates the olive to become an actual traverse. This would allow magenta p2 to sit inside what was the blue traverse (now a channel) but that would imply that we were building a short channel from 13:05 and that is clearly not the case. So, I suspect the light blue "thing" is just a decelerated FF. Either way, we appear to have back to back b2b (14:00) and r2r (14:15). I suspect that we have a simple tape from 13:55 to 14:10, thus creating the dashed blue rtl and a new magenta p1 at 14:10.
... you're off the 5 min fractal there ... what are your sequences? ... what are your change signals? ... yesterday's morning was really straightforward (... easy)