Recent content by northchuck1

Thanks. In due time. Learning the correlations myself. Hopefully it will be another set of tools in the tool box.

ES chart for today with MACD and stochastic. Hope to be posting how the channels relate to MACD and stochastics indicators in the days ahead. Swift and severe critique expected.

At first I'd say blue bar is VE. But a VE typically only retraces half of the bar. I'll go with forming pennant.

Am I supposed to react to YM PRV in the same manner as the ES PRV, or should I only base decisions on what the YM channels are doing ? Me thinks me is starting to overreact to YM PRV. After all, it is relatively thin compared to ES.

Okay, along that same day. Just prior to 11:10 bar, about 11:00 to 11:05 ES, the YM had made a definite FTT. So jumped in long on the ES. Then the OB 11:10 bar hit. So I was long on the 11:10 bar, then it headed south. After about 3 pts. down, and some bumps down on PRV on the YM, I...

Good job gman. Keep 'em comin'. Mine are very similar to yours.

Okay, so there was no B2B. Just B to incr. red of the fanned channel. Then decr. black to incr. red of the second fanned channel, followed by decr. red of the second FTT, then incr. black leaving the channel, R2B.

Doesn't fit in my pea brain. 11:05 bar is incr. black. So I see decr. black, incr. black, decr. red, inc. black. B2B, R2B ???

So you went B2B, followed by R2R ? The extra bold line confused me. Edit. R2R

At this rate, I'll hit 50 posts by April ! Geez, my brain is fried. I've been looking at channels since 8:00 this morning. Starting to have dreams about gaussians ! Sick puppy !!!

And just when I think I've got his comments figured out !! You've confused me with your correct gausians. After the black to black, then you're FTT, I'm cornfused the way you've drawn them. Have to make it simple stupid for some of us !

Sounds reasonable. But seems the 11:05 bar is just a failed BO to me. Coming back inside the channel. Not at RTL, not at LTL, no inside formation. Why permission to go to YM ?

Okay, I'm a little slow. Intra-bar-gausian-shift ??

Given that chart (2/29), then how would one draw the channels after that VE at 12:30 ? I'm assuming the VE is the pt. 2 itself. Is the 12:35 or 12:40 bar the pt. 3? Kinda throws the whole pt. 3/VE thingy off. Can anyone show the "corrected" channels" ??

Thanks much. This is just the medicine I need sometimes. So what is a forming IBGS ?? Inside Bar ?? Eleven months following this and this is one I've missed. I've got a camtasia of that day. Been doing most days as of late. Give me a shout if you're interested in it. They...