Again, determining which channel in which Price currently operates permits you to monitor the Gaussians in the correct context. In other words, how wide is your current Forest? It is within this current Forest that you need to monitor for change or continuation. - Spydertrader
plz save me from going thru all 300 plus pages of this journal,i'm sure i'm not the first to ask,can i subscribe to this charting data or is it your personal program?
actually all you need is to read the first 4 pages of this journal. You can then decide if this is for you.
cont... Well we got the push off the Dark blue with incre black vol.. I put in a yellow 1.2.3 as the green vol exp were cont.. looks like an FTT of the yellow channel..but we have decre red vol on this non- dom of the Yellow..see if we get a 2nd point 3 or BO of Yellow RTL.. and the dark blue seemed so wide at the time of annotating it.. fascinating stuff.. Mr Hershey..if you get to read this..well it's all your fault. Now I can no longer seek refuge and comfort in my old CW.. "think of your limitations and sure enough they are yours" R.Bach "Illussions" filterTip
I am still not sold on a consistent YM leading the ES, however after going long ES at around 9:40 or so, the price was stalling back and forth and my YM 2-minute chart starting jumping higher and eventually ES began to break out of the 10-minute battle. When I was concerned about the long, watching the YM start to break out of its pullback kept me in the long ES trade for a nice profit scalp. So at least for this morning it helped in my decision but I will leave the bigger question if YM leads ES for you .
Well we had a red point 3 of sorts..but I am remembering that this red is jaust a decre red vol non dom of the dark blue..perhaps..!
edit: this might help http://www.elitetrader.com/vb/showthread.php?s=&threadid=83604&perpage=6&pagenumber=155 http://www.elitetrader.com/vb/showthread.php?s=&postid=1364775&highlight=ym+leads#post1364775
This is how I read this nice sequence.... 9:50 FTT for reason Volume change red 9:55 Bo no entry for reason price is on LTL and Vol gaussians B2R 10:00 FTT for reason Volume turn Black 10:05 FBO followed by FTT on increasing red vol bar 10:10 BO Gaussians B2R, B2 Entry ....Point 3 10:15 Hold 10:20 Hold 10:25 Hold 10:30 Hold 10:35 Take profit on LTL.....
the red channel did turn out to be a better point 3 than previous post.. black vol coming in..looking for red FTT