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I was afraid of that when I was thinking about recording the unfolding market and doing a playback for practice. Too much time to second-guess. Probably best to replay at 1x speed. RT

Today was my first day trading a few contracts on the sim with this method. So far, +22 pts. Volume is thin so I'm sidelined right now. Probably today was one of those "easier days", don't know yet. RT

Bundle, I'm not sure how far you're into it or what fractal you're trying to trade. As for myself, I am just trying to accomplish trading the forest level. Not the bug level, leaf level, limb level, or any other level. This will give lots of room for error while still remaining insanely...

My hand-drawn chart for the day. RT

my hand-drawn chart for the morning. Gaussians are color-coded for forest-level trend. RT

I was referring to the attachment in my post. It shows a very clear, unmistakable pt 3 channel that can be constructed from the start of a session, without volume information. RT

So are you suggesting that this formation at the start of a session cannot be marked with correct tapes and a fresh channel without volume? RT

Look here. RT

If you look closely, it's not a FTP. The high of bar 6 is one tick higher than the high of bar 7. But if it was an FTP, I don't think you can tape across it, because starting the tape with LTL is against the rules. The bar progression is clearly down, which means a new tape needs to start...

Any ideas what I'm doing wrong? I was a little lazy so I didn't code the color of the volume to reflect the directional change of the close, and I didn't color-code the gaussians either. But other than that, if I'm actually drawing them wrong please let me know. Thanks! RT

The others, meaning the auto-channel charts? RT

Here is my hand-drawn chart for the day. Any comments, critiques? Thanks, RoughTrader

Is it just me or is today's gaussians and channels particularly smooth and ideal? RoughTrader

What about Anderson Cooper 360? :D RoughTrader

Hi Jander, I don't draw tapes on a 1m chart. I use the 1m chart to build 5m bars, 5 bars at a time. These 5m bars are used to build tapes and channels. So my charts would look the same as yours, only 1m bars fill all the spaces in between your 5m bars. This allows me to see the action inside...

Sure, this is correct. Market data streams in as a continuous-time signal. Charts are the sample-data form of that signal. We sample O,H,L, and C at regularly spaced time intervals (5m) to limit the amount of data we need to process. A lot of the FTTs and reversals we see happen inside the 5m...

in CFBW, Jack says: "Pt 1 and 2 are formed after a tape is made. This is the first leg of a trend. Once pace decreases, you get pt 2 and are forming the pt 3 for the trend channel." I interpret this to mean that the low of ANY subsequent bar that violates the tape RTL in even the most...

4 times. did I miss something in the document where tape examples are discussed? RT

mmm... sort of, it's still not clear though. In the strictest sense, once a two-bar tape is formed, if ANY price violates the tape RTL as it is extended, the tape is broken. In this case, we have a firm pt. 1. Point 2 is tentative, but once another tape, same direction as the first, is made...

Sorry to disrupt the posts about today's session. As I've been reading through the journal, I've come across a kind of subtle ambiguity that I could not find mentioned specifically (if indeed it has, I await your rebuke, Spyder). In any case, please look at the image attached. Same bar...