Doesnt that lead to redrawing channels an inordinant amount of times? It has been in my experience. I'll watch the PV relationship and know where I am but hold off on annotating too early as it causes more work for me.
Spydertrader's Jack Hershey Futures Trading Journal
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Ok, I hear ya. I guess there are many ways to get to the same (and right!) conclusion 
My gaussians are "zoomed in" a bit after the increasing B2R's in this snippet but shows "change" around 11:00 and 11:30. Prolly a good time to draw in "wider" gaussians to synch with the "widened" down channel.
spooz
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1480240>
spooz
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1480240>
I still think one should consider the nature of a day like today before a long holiday weekend. Volume going to be fading slowly as the day mvoes on into nothing towards the close. Be careful of low volume whipsaws today. Be careful out there today 
Still a couple of pretty nice trades today and it aint over yet.
Quote from Pr0crast:
Spooz- While the huge red bar did not scream "change" to me, the huuuger FTT that ensued did
cough, cough, indeed, how 'bout you come on up to Wisconsin and we'll work on it together
Anywho, the back and forth you and Spooz are having deserves a comment from the peanut gallery (that's me). If one thing is becoming more and more clear to me, it's that so long as you have the correct philosophy in your head and avoid getting stuck on a single data element you'll do just fine.
Case in point: I have been carefully comparing my charts to that of Spyder's in order to see what I'm missing or not. At first I tended to notice the few (very few) items that were different than mine. Now, if those few items were things like major CO channels, then I need to fix that. But if the differences were things like exactly how an increasing or decreasing pace channel was drawn in, then I say it matters not. Focus on what you are doing right and that will take you more in the direction you need/want to go. Focusing on what you did wrong or different will only get you more of the same.
Having said that, I would tend to agree with Pro about what you said, Spooz. I agree, because what you said sounds so damn similar to my recent past. THe more I move away from thinking I'm missing something or needing a better tool or new way to see the data (guilty on all counts) and just "do it" the way Spyder is, the better I get each day. Just my 2 cents.
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