My thoughts yesterday morning were similar to ehorn’s – I was anticipating a change at channel level resolution. But later, as the day unfolded, I still had black volume up. So for now my annotation is still – channel up. We will see what today brings.
Hi all, Thank you to all for the collaborative effort put forth in this journal. I am just coming up to speed on the methods. I am reading through the journals and annotating the ES realtime. Here's my first shot at posting a chart (without debriefing). I look forward to future discussions.
Here's my real time chart. I didn't change anything after the fact. Clearly I need to debrief tonight. The completion of the up traverse started yesterday is totally different than Ehorn's. I'll have to look at the gaussians again. Ehorn, I had a question about the return to dominance around the 10:40 bar. There was a "rule" talked about previously where the first bar out of a lateral couldn't confirm a return to dominance. Is this statement true? I do recall exceptions to this though. For example, if that bar broke through a higher fractal trend line then a return to dominance is confirmed. In this specific example, I see an area of short term support on the 10:15- 10:35 bars. The 10:35 bar tests the support once again and then heads higher on increasing volume ( in real time I was already thinking that there was a return to dominance here because of the context). The 10:40 bar follows with increasing volume on the lateral BO. Thanks everyone for the help. I'm sorry if these questions have been asked and answered many times over. I was hoping that some of the veterans could help this newbie out and in so doing receive reinforcement on what they already know.