Spyder: please advise that: On page 393 of Journal, you mention: During CCC, monitor PRV levels of ES volume. I've no idea how to do that, like an ignorant, doing it by visual only Thanks.
Guess I'll be the first to subject myself to public embarassment Points arrived at during self-talk: 1. Price has been moving in an operating downchannel, evidenced by a series of increasing red vol bars at extreme pace. This bar was selected as I envisioned it to be the last downward stab, but petering out (FTT'ing) on decreasing volume. 2.CCC has been previously observed, with or without the aid of the time scale, simply because of DU state. My take here is that price has, after centering, once again broke to the downside, due the the presence of the ascending red vol bars on the forest level. The selected bar here exhibits peaking vol, and my guess is that it was a reversal bar if viewed realtime. Also, the ability to see the ensuing B\/B is a deciding factor. 3. Definitely more tricky at this time of day, but I expect vol to be somewhat less. Again having the advantage of viewing the pending R\/R, I feel this bar was a good candidate as the exhaustive point in what I feel is a weaker upchannel. There's a good chance that I've found myself stumbling among the trees here, as the ole brain is waning and I'm getting too tired to find my way back to the edge of the forest. Thanks, PrOcrast - right or wrong, that was fun.
-------------------------------------------------------------------------------- Quote from No. 6: BS! your conclusions depend on your data feed and software. i got a "green" 11:00 am 5 min bar and a higher high @11:05! "11:05" opens a tick above "11:00'. you are well aware aren't you that these bar formations/time are arbitrary and subject to variations of data and software processing, aren't you??? Different Data feed same Charts....