Hi Ivo. I left out the Red Vol Exp as price BO of the carry over pink . Sometimes I get confused as to which channel I'm referencing, so am trying to keep charts as clean as possible. I had the visual reference of the Red LTL if and as was the case, price rose back up into the first red channel. The rise back into the RED and FBO of that Red RTL gave me a possible point 2 of yellow. FilterTip
Nice little aha moment again, took a short of the ES at 15:45 from 1422.25 based on a ym gaussian (14:44). Then i spent bar by bar making sure the gaussians still were in line. They were. Then, ES gives a me what I think to be a favorable gaussian at 15:00 (lower lows higher red vol). I keep analyzing gaussians and everything seems to keep saying continue. Its currently 3:35 and the ES is at 1418.50 and falling. I am happy with my patience and bar by bar analysis. Edit-- Covered at 1417.50 (+4.75) as this lined up with both RTL's on ES and YM and price looked to FBO. Maybe I should have held until gaussians completely changed but this was a good trade nonetheless
ES 12 Mar 07 Finding it difficult to see the pt 3's in a timely manner. Frequently find myself entering during HVS or CCC or miss the boat completely.
Steve, great trade! What helped you decide @ 14:45 that this was going to turn out short and not into an HVS? Thanks.