Damn! And I thought I knew what I was doing Going to rewind camtasia and look for the red in that missed pt3. Thank you, Spydertrader!
I'm a little confused ... must go check the basics again. Rising dom volume at point 3 or after the point 3? I have a few channels (grey dashed) that I didn't put in because of lower volume the bar following pt3 (there was another one in the morning). Very nice day for learning.
Increasing Volume does not need to appear on the same Bar where one annotates the Point Three. However, one must have increasing Volume at some point after the Point Three, and before one sees increasing Volume of the opposing color. - Spydertrader
If you'd appreciate my input.. I started monitoring live 2weeks ago, after I had "visualized for 1month what exactly the concept was all about. I never read the part about how to annotate correctly, same stuff with the "tools". I glanced here and there. I mostly read Jacks posts, which were called:"his babbling". This concept is about sports memory. I really recommend you watching this video, because it represent exactly what this paradigm is all about: Think about this analogy, and if you can understand what I try to tell you...To quote Jack: Welcome, you just became a millionaire <object width="425" height="355"><param name="movie" value="http://www.youtube.com/v/l-oc-lhqpIA&hl=en"></param><param name="wmode" value="transparent"></param><embed src="http://www.youtube.com/v/l-oc-lhqpIA&hl=en" type="application/x-shockwave-flash" wmode="transparent" width="425" height="355"></embed></object> So I started drawing channels, without volume, so I could get a "feeling" of the effectiveness of channels, shortly after that, I incorporated volume (last week). I did so because I'm conscious why I would add volume, not because Todd/Jack told me so. What I rather think is that very few: 1: Ask themselves why channels and gaussians match so perfectly together 2:ask themselves Why correctly annotating is so important (when you start out). 2:asks themselves how YM leads ES 3:Ask themselves Why Str/Squ even exist, let alone how to use it. 4: can comprehend the Tick/DOM stuff Jack/MAK talk about. Did you see me asking just one question regarding the fundamental part of this method, channels and gaussians? That's exactly what I saw Jack referring too, because Self-sufficiency enables you to become a wizard at this stuff. I got a few PM's by people who were "warning" me how it was so "dangerous" to re-invent. Obviously they don't read that well. Re-invent is not Invent. It's doing the course Jack did trough out his life, only much faster, because I have clues to look for, with all the information available. When I started visiting this site I immediately got overwhelmed with the negative energy, the dark side. It stroke me quite a bit, because it took all my courage away. Even worse, when I started to explore the info Jack posted, there were people humiliating Jack all along. I know better now yeah, I know...babbling... I can't help it.
Spyder, thanks for the clarification, I think that has been an area of confusion for me for a long time (esp the part in italics).