Spydertrader's Jack Hershey Futures Trading Journal

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Spy,

How would you interpret the gaussians in the area pointed out by the green and the pink arrows?

I was trying to determine what was happening inside the the bar i.e. is it going to continue going down. It dropped on increasing red, then price stayed neutral on about the same volume.


Does the increasing black near the pink arrow have any significance when compared the the vol peaks prior to that.
 

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Quote from bi9foot:

Does the increasing black near the pink arrow have any significance when compared the the vol peaks prior to that.
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The OTR Chart you posted appears to point out an area of uncertainty or some sort of Lateral Movement. However, the key for me (when Gaussians don't appear to provide the clearest of answers) comes from Price. We see (if one mentally draws in a trendline) positive sentiment as Price creates a higher low. As such, I'd anticipate a breakout to the high side. Now, combining the chart with a DOM (in an effort to show the 'walls') provides you with the 'turning points' needed to trade the information Intra-bar.

With respect to the lower Peaks, I recommend placing focus on the changes themselves, rather than, the absolute levels.

- Spydertrader
 
First full day attempting to employ Spyder's suggestion to incorporate the "Flaws and Formations" information into my trading. There was alot of sideways movement today, hopefully I captured the formations in a substantive and productive way. Any comments would be appreciated. Comments of a particularly harsh nature , feel free to PM me :D.

-guava
 

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