Thanks Neoxx for the chart , intraday though really helps to get things off on the right track (channel). I'll be here for as long as it takes, and then some. Here is my chart so far.........
Repost of today with revised guassians. I noticed I jumped fractals on my previous post. I wanted to annotate only dominant and non-dominant traverses, not the tapes within them.
Chart for today. I have a question though. Does the completion of the sequence for the red down channel occure at 14:35 after establishing pt3 then returning to the channel on IRV, or is the completion at 15:25 after the third (dominant traverse) is confirmed?:confused:
My chart for this morning. PFC indicated possible pt2 formed at EOD with retrace movement from pt2 to pt3 of an upchannel anticipated. Pt3 of channel occured at 10:25, then confimation at 10:35 with IBV. Sequence complete. SOC at IBGS/FTT at 10:40. Go short. R2R follows confirming...
Chart for today. I was pleased to find the my chart matched gooch87 almost exactly, except for my pink traverse vs your orange traverse at 13:45. Are you annotating that as a FF traverse?
Chart so far today.....still heading down inside the big carryover channel from yesterday. I saw three traverses that turned into a pt 3 down channel within the superchannel. Then the RTL of that channel was broken on IBV at 12:55. I left out alot of (vocabulary word) annotations so the chart...
If the red down channel is adjusted to the pt 1 of the pink down traverse, that would make the pt3 a FBO of the red down channel. No big deal since price returns to the red down channel on the next bar. Same outcome. So, what is the correct annotation????? Who knows..............
Run Forrest Run.......however I'm uncertain when to put the Pt1, at the beginning of the accellerated traverse, 11:25, or at the beginning of the first part of the entire down traverse, 10:45 where the FTT was. Can anyone help?