Hi romanus Most of time, I have difficulty deciding 'continuation or change'of an OB. Does the 16:15 OB & Pt3 srepresent a or b of the following statements? a - Sequence completion of a ES 5 Min traverse starting at 14:40. b - incompletion of a ES 5 Min traverse atarting 14:40, anticipating IBGS or increasing black volume bar BO in the next day. By the way, thank you for your posting those charts with good JHM logic. Your charts are like food of the day. Would you add on a little notes on charts to upgratde them to gourmet food? TIA!
Me too See the attached. If it doesn't provide you with clarity, let me know and I will try something else.
Hi romanus or anyones interested in JHM. I don't know how to anticipat "Continuation or Change" on 15:10 (close of bar) Even Harmonic formation. According to the Journal we have been studying, EV is a signal of Continuation. a - an up tape starting on 15:00 (close of) bar b - 15:05 (close of) bar iS FBO (crossing orange faster fractal traverse and closed outside) with Increasing Black Volume c - an EV formed on 15:10 (close of) bar. Red Volume exceeds the prior Black bar c - Are there any clues showing the next bar will be moving lower before the close of 15:10 bar? TIA!
IMO 1510 [close of] shows market moving from p2 to p3 of the 5 min ES level down traverse. Naturally, one expects the market to arrive at p3 and back into the traverse to complete the sequence. P.S. Keep in mind that continuation and change are resolution specific concepts. E.g. when 1505 breaks orange RTL, it signals change on that fractal. However, since the sequence for a 5 min ES level traverse is not completed yet, one can consider it as continuation on slower fractal (as in p2 to p3 movement if one chooses to hold through it). Learn to understand what your Gaussians are telling you. By doing so, you'll automatically understand which fractal provided the signal you see, and more importantly, whether or not that particular fractal has completed its sequences.
I would reconsider the very important difference between predicting and anticipating. Your "c" suggests that.