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Hi, I am aware of the diffences in context but when we have an inside bar in the other direction than the previous bar, on much higher volume (+closing almost at the top) I cannot imagine myself taking a short at the close of that bar. Now the next bar goes one tick higher and immediately...

That's exactly my thought process Padawan. However, look where Gauva's arrow is: at the inside bar. So my point is: How can you possibly draw the conclusion that long is no longer the right side even before that IBGS. Indeed the same logic applies at 2:10. We have a simple pennant...

That was exactly what I thought. The context is a downchannel in a DU to VDU area. We know we get "change"/FTT's quickly in these areas. Now what we have is a black inside bar on much higher volume than the first bar of the pennant. If something is not "right" in a downchannel then we must...

Nice Guava. There's something I don't understand. Increasing black volume on pennant = change, reverse short. This is around 13:45. It was a pennant where the inside bar had higher volume than the 1st bar of the pennant and it was black. I don't see why someone could conclude at that...

Volume. Price can only keep on going up on increasing volume and can only keep on going down on increasing volume. regards, Ivo

As Jander already pointed out we probably are talking about different bars. Pls allow me to explain why change was so hard to see for me at this important point of the day and why things where not crystal clear. One could also say I saw change various times and got chopped. - we had a VE...

I remember this period. First clue: >Then lateral movement starts on bar 23. We need decreasing (or increasing) red towards RTL. Not lateral movement (sideways). When I saw the lateral movement starting I was thinking: - look for new point 3 long - it's a lateral. it can take a while...

Chart for the morning. At the current moment I am anticipating change. Decreased volume at previous bar and decreased volatility at the current bar. One of my problems was 9:50 bar. I saw this as a flaw. The next bar the pennant was broken to the upside on decreasing volume so I held...

Hi, Especially consider using the old point 3 as a new point 1 if you notice a big change in volatility. (usually a drop, indeed if there is a lot of time between the points, of course can be a steeper channel as well). If we first get decreasing volatility and after the point 3 of the...

Chart for today. Difficult day because of the lateral movement. The moment we get increasing volume inside the lateral, the move is over and we have change at the slightest anticipation. regards, Ivo

If a bar closes on increasing volume (compared to the previous bar) + price continuing in that direction. Immediately draw a new channel, if possible. All I am saying is to draw (new) channels as quickly as possible. Immediately process new information. On ES as well as YM. Doing this...

I disagree. Feel free to post your fully annotated chart here every day and there are a lot of people willing to comment. More than one year ago many of us posted their chart every day for a period of time. Right now others do the same. It's in our own interest to comment and help...

No problem with drawing tapes. That's optional I would say. You have to draw the channels however and know what is a tape and what is a channel. You cannot leave them out if you want to understand completely what is going on. The colors don't matter, it's just to make it easier for yourself...

Hello, Just a few tips. I think your annotations are not sufficient: - It's okay to draw tapes but I wonder if you really know the difference between a tape and a channel as it doesn't show in your chart and you use the same colors for tapes and channels. Be more precise and draw...

Was trading very concentrated today and doing well. Started with the short at 9:45 bar, failed pennant/lateral BO on decreasing black... Couldn't be more clear. Even managed to pick up a couple of points in the midday lateral area that lasted 22(!) bars on my chart. (I took some laterals...

Will do as suggested. Thank you. Ivo

I keep on getting killed in periods like after 12:30. FBO's, outside bars followed by outside bars. Changing dominants, etc. etc. Not being in the market at certain times is the only thing that keeps me from being constistently profitable. It's not just the volume dropoff. For example...

nice. wmcn is change. just no signal yet. Ivo

Wow. truly accurate anotations.. Seems Astral is one of those guys who definately "figured it out", lol. Ivo

Thanks for the advice. I see very clearly the opportunities at the borders of the laterals. I see quickly when a true bo takes place and I also see the fbo's that mean "anticipate change" as well as the ones that say "wait a little longer". However, because of the overlap of the laterals I...