For those of you still struggling or doubtful, I thought I'd add my most recently available 2 cents. Without question I am seeing things that I couldn't before. I'd have swore what I now see didn't even previously exist, and of course, that's ridiculous. The three things I'm doing to achieve this new found skill are as follows: 1) force the gaussians to fit the channels: doing so teaches one how to really see the split bars correctly and to stay on the right resolution level 2) I started to trust what the volume was telling me, particulary with potential flaws. This has kept me out of more mistakes than I can begin to mention. 3) Try something different, anything different. There is an old saying in the NLP world: you can't see what you can't see. Human sight is highly subjective and filtered. Instead of getting angry that you can't see what others are, try going for a walk, laughing out loud (this really really is powerful) or the opposite of what you normally do (which requires you to be aware of what you normally do, not an easy task by any means). Doing any of these causes physiological shifts which change in a very real way how your brain processes things. I am still in observation/annotation mode, but I can tell you that most of my annotations for points, ftt's, hvs, etc are usually right on on the bar I annotate. I am seeing into the future often by as much as 3 or 4 bars. And the occaisional outlier bar (eg: a single bar with odd volume) no longer causes me to panic). I hope this post helps someone, if I can think of other internal shifts I've made I will post.
Move your Green Up Channel so Point Three falls on the same location as your Point Two Red Down Channel, and see if the 'decreasing black' volume (as Price moves higher) doesn't alert you to the 'Down Channel Forming' viewpoint sooner. - Spydertrader
No channels today on NQ but I have been drawing channels on AAPL intraday the past week and I like what I see. Today scalped $0.35 on AAPL intraday on breakouts. As Spyder said, any market any time frame as long as there is volaitlity and liquidity.