The volitility is killing me... zzzzzzzzzz.... cj... HAVE STOP <img src="http://www.enflow.com/p.gif"> WILL TRADE
You are making a terrific point. When coarse says go to medium ,you add the medium data to get totally sufficient data set to conclude and decide and act.
Difficult day for me charting and trading wise. I kept getting taken out on small moves and small losses following the three point to enter and exit on BO rule. My chart is well annotated to show my trades and my hindsight analysis. My hindsight analysis is excellent ( LOL ). Hard to determine DOM tranverses due to low volume this morning on dominants and retraces. Twice I noticed while in Long positions the 2 minute YM sentiment changing from long to short sentiment but still held till a BO if the long RTL.
I assume all those lines are crystal clear to you . It would be illuminating to me if you could show me where you went long or short off of a chart like that. I am not interested in learning the system or for a description which is, I am sure, in these threads already. But curious how in the middle of all those lines you find your entries and exits for trading. I am honestly curious and this is not a dig in anyway as it seems quite detailed and logical. But everyone here just puts up charts with lines that appear to be done at the end of the day so curious as to when someone is acutally going long or short.
chart should be done real time or ahead of time, it might appear EOD but let me assure you I drew it real time.
I am sure, but they appear at the end of the day already neat and i wanted to hear from somebody who draws these in real time and shows when they went long or short. I am not asking for a detailed explanation of how the lines are drawn as I read most of the old text on that already but more curious as to when you are placing your trades because all I am seeing is the EOD chart with the lines. I think it would be interesting to see a trade done off of the chart. No real time signals, just curious since the discussions is only focused on how to draw the lines but no one ever mentiones a trade lol.
Here is a post where someone linked to a video of them drawing channels (actually, I think it shows him catching the signal [an FTT]) in real time. Earlier in the Journal, I added symbols to show entry long, entry short, and exit points. I also included the clock for when I captured the screen shot. - Spydertrader