Iterative Refinement

It's great that so many people are posting their charts... creates a really rich debriefing resource.

Here's my not-yet-debriefed version (repost from Technical Strategy)...
 

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Quote from Spydertrader:

Perhaps, today began with something ending from yesterday before something could begin today.

- Spydertrader
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I saw it as the the completion of the non-dominant traverse pt2 to pt3 of the downtrend channel from yesterday. Is that correct?
 
Quote from R/R:


When the short Channel sequence is complete we will start a new long Channel commencing with the FTT of final short Traverse (of the short Channel). I'm not sure that has occurred yet.

What we had today was effectively an FBO of the short Channel and it resumed.
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Nice ! :)
 
I thought we hadn’t finished yesterday's traverse down and therefore I was anticipating pt.2 and 3 to form today. At 11:05 I thought FTT will BO what looked to me like FF, I failed to notice that Volume at BO was decreasing – a sign to fan out and not a BO. Looks like I made an error at the EOD assessment.
I need to debrief some more.
 

Attachments

Quote from Spydertrader:

Perhaps, today began with something ending from yesterday before something could begin today.

- Spydertrader
More...

I see what you are saying Spyder. My rendition of the day turned out to be very similar to ehorn’s (who else, we’re chart pals) and the gman (Don’t shoot g-man! – Machine Gun Kelly http://en.wikipedia.org/wiki/Machine_Gun_Kelly Hopefully you don’t look like this guy guava.) but you, I would deduce (hopefully not adduce), opt for something more along the lines of the Neoxx chart.

My faulty reasoning had the 15:35 bar as a combo P3 validation/real deal peak volume signal followed by a JW Type I and then an up OB. Interestingly we all end up in the same place with an incomplete second up traverse in ‘non-dom’ at EOD – the old fortuitous cancellation of errors.

Having once again bared my soul and suffered the horrific consequences, could you possibly answer two tiny questions? Are those tapes I annotated “fat tapes”? When one has the less common peak volume signal is the peak volume bar itself always the ‘change’ bar (the new P1) or can something like I constructed happen as well?

TIA

lj
 
Quote from ljyoung:

I see what you are saying Spyder. My rendition of the day turned out to be very similar to ehorn’s...
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Alas, I fear I may be stuck in my bad habit of jumping fractals... You know that "Missing a critical component" thing.

Keeping on the right fractal continues to be quite a challenge for me.

P.S. Neo's chart get my vote for the closest to reality :D
 
Quote from ehorn:

...Keeping on the right fractal continues to be quite a challenge for me.
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For me as well. I have found however, that by trading the tape fractal I don't have to worry about jumping up a fractal. :D
 
Quote from treeline:

ES
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Nicely Done treeline. That is the Real PT2. (IMO)

I missed the turn and without my GPS handy I was not seeing the sequences play out today (or the red barn!) :D

Your TL's looks like a clockwork to me. Lets see if this FF gets us out of that Channel TL for a new Channel PT2 (this time) :)
 
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