Zan-shin

ES 5min short 09:25...........pt1 reached 10:32 trailing stop hit

ES 5 min short.......... hit stop

ES 5 min............

ES: entry : 63.75, stop 60.75, T1 66.75, hit, exit stop b/e

Thank you for posting your chart. Is your magenta a traverse? how did your figure out "sequence complete" is at 14:45? Your skinny gaussians don't seem to match any trendlines.

It should, but it doesn't. What does that tell you?

I am finding it a tough read too. Been trading for over 10 years and definitely in the "serious" category but this book is going to take a while to digest.

Thanks Roger. I am finding his H1 and L1 definitions a little confusing. On slide 8 of the presentation he states that H1 = 1st bar in a DOWN or sideways market but in his book he defines H1 as occurring in an UP or sideways market. On p120 of his book, fig 4.16, he has H's and L's both annotated in an uptrend and H1 to H4 in a down trend.

So how do I know "whether or not the market has provided a signal for continuation or change"?

So which is the right trend line for an outside bar?

On your diagram, what does "The 'tell is shown in pink as RTL always" mean?

Thanks. So how do you use this stuff? What are the signals?

Spydertrader, Great. Starting to make some sense of this Do the colours of the horizontal lines on the volume histogram tie up in some way with the colours of the channels ? What does the blue P mean? Thanks Zan-shin

I guess that's it for "explanations"..............

Yeah you're dead right, I don't understand. What's going on?

Thanks. I think I understand the basic concept but I would like to see how the volume example given earlier by "Spydertrader" corresponds with the channels on his price chart. Perhaps he would be kind enough to post it. Zan-shin

Could you please post the whole chart so that I can see how the lines on your volume histogram correspond with your channel? This looks very interesting. Thanks