Iterative Refinement

Quote from ticktrade:

Nicely done.
sounds like you have a plan to go with.
I had pretty much the same. 1-2 of dn move. looks like pt2 at EOD and expecting we are starting a dn channel.

I cant always fit the next day into the previous day so I am not the one to comment on these preflights. I either find my way at the open with the ym or wait until price and gaussians provide clarity.
More...
... it seems that the movement / traverse / channel continue into the opening of the next day, kind of independenty of the gap, even when the gap is in the opposite direction ... I find sequence carry-over to be more reliable than trendline carry-over ...
 
so far:

940 ym forming b2b L 860, it should run a seq.
942 ym dbv, chased with stop 866.25. bummer
945 es b2b, need entry, 865 limit bar1 hi=864 (shuda waited for es2 drv 950)
946 ym p2, 952 p3, confirmed 954
950 es OB, barely dec vol.
955 es pt3
1005 es , looks more like PA than PV(wish I knew)
1006 es2 dbv new p2 there(since 1005pa or pv take trade) rev S 877.25
1010 irv ym, dn seq coming
1025 r2r pt2 of dn
1030 lat retrace to p3 dn

debrief: YM never gave change to long signal

1035 es pt 3 at 1030 confirmed, dec gaus, non dom traverse
1045 es change L
 

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I encourage everyone, who posted a chart (and especially those who did not post a chart) to review their 'Pre-Flight' Check and the sequences. I have yet to see (or read about) anyone who annotated correctly. For clarity, 9:40 represents Point Two, and not, Point One.

See Attached.

- Spydertrader
 

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