Iterative Refinement

Quote from Spydertrader:

Nicely done. However, you have neglected to add the sequence at the end of the day. Also, you might want to make sure your Gaussians match up correctly with your trend lines.

- Spydertrader

Thank you for the encouragement and the advice.
 
I am going to take a wild guess and hypothesize that anybody who wanted to be long today based on 5 min ES level fractal would have to wait for the completion of the down channel sequence. It is the only logical explanation I can see for the fact that Peak Volume on 1425 bar did not start an up traverse.
 

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Quote from sscott:

So far today.......comments appreciated......

Thanks for posting sscott.

IMO, bag the down traverse beginning at 11:10, at the least it has its P2 inside your up traverse. Then reassess the up traverse.

I'm still extracting the Gaussian essence and won't be posting till I have something worth shredding.

lj
 
Quote from romanus:

I am going to take a wild guess and hypothesize that anybody who wanted to be long today based on 5 min ES level fractal would have to wait for the completion of the down channel sequence. It is the only logical explanation I can see for the fact that Peak Volume on 1425 bar did not start an up traverse.

Hey romanus. Maybe that 13:50 bar had something to do with it. FWIW I still (15:55 EST) don't see a P3 confirmation.

lj

Edit: The reason I did not see a P3 confirmed was because the IRV BO from the symP (15:15-15:20) was not followed up with more IRV.
 
Quote from ljyoung:

Hey romanus. Maybe that 13:50 bar had something to do with it.

lj
I think you are absolutely correct. Tapes don't lie.

Quote from ljyoung:

FWIW I still (15:55 EST) don't see a P3 confirmation.

lj
:D Lift the blue fog of the lateral and see what's inside. B2B tape followed by...
 

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