Forgot the chart....
Spydertrader's Jack Hershey Futures Trading Journal
- Thread starter Spydertrader
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Your wish is my command
I've just been too lazy to get rid of it. I do apologize for the crazy color scheme. Believe it or not, it really helps during my debriefing. In a very general way, up tapes are black, down tapes are red/orange, flaws and lateral channels are blue, and all other colors are just randomly employed so I can really "see" what I was thinking when I look at the print out days or weeks later.My take on the day. If ya see any glaring mistakes, don't hesitate to holler 
A couple points of interest for the day, at least I thought so. And a question.
1. The retrace of the purple channel in the rectangle in the 1400 hour is on r2B Gaussian movement, so I'm already thinking this is a dominant traverse of the yet to be established up channel.
2. Based on 1 above, the red bar at 14:25 looks like a retrace with declining vol. Still it makes an FTT of the purple channel imo. The taped up channel really helps one get back on the right side of the trend quickly because the very next bar bounces off the taped RTL with strong PRV.
3. Harder to navigate was 15:45 bounce off the same purple channel, within the marked circle. Dominate black V is still in force (though levels are low), but this bar retraces hard with increasing V. This time I expected the retrace to amount to something with the higher V on the red bar, maybe even reestablish the dom traverse to the LTL. Didn't turn out that way as an HVS begins (yes or no?), clouded by end of day V surging. Are there any clues here that might help keep one out of trouble in this area.
I appreciate any supporting or conflicting analysis of these points.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1328725>
1. The retrace of the purple channel in the rectangle in the 1400 hour is on r2B Gaussian movement, so I'm already thinking this is a dominant traverse of the yet to be established up channel.
2. Based on 1 above, the red bar at 14:25 looks like a retrace with declining vol. Still it makes an FTT of the purple channel imo. The taped up channel really helps one get back on the right side of the trend quickly because the very next bar bounces off the taped RTL with strong PRV.
3. Harder to navigate was 15:45 bounce off the same purple channel, within the marked circle. Dominate black V is still in force (though levels are low), but this bar retraces hard with increasing V. This time I expected the retrace to amount to something with the higher V on the red bar, maybe even reestablish the dom traverse to the LTL. Didn't turn out that way as an HVS begins (yes or no?), clouded by end of day V surging. Are there any clues here that might help keep one out of trouble in this area.
I appreciate any supporting or conflicting analysis of these points.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1328725>
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