looking for general shape acc to regime im following...this is vital.....whether you diss elliott or whomever, doenst matter....wot works is wot works for you from the history of proof....call it eperience, whatever.....
i like how the dailys cross both the dax and spx look the same, to me bullish....also see my pullback chart for daily view on spx on twitter.....
i want to see how close to the pin i can nail sentiment....so easy to sway small accounts into shorts over leveraged or over margined....fodder.....that's the easy part....the part i want to see to confirm my work is the price action......no DOM....must know the action and quickly place into context......doesnt matter that i might be in a larger hook to set me up to buy a lot of volume that someones else doesnt want...the key for me is to be ready for that with a plan and then see if that plan is just not fitting, what are the markes i should know, cos, really, no plan means distraction.......being wrong is good if my plan allows me time...thinking time, i mean, i'm only struggling with less dimension....i'm not looking at anything other than applied ratios, 2 charts of time and a cupla select charts of other liquidity vehicles (like xjo or spx)
running session, dax:
when i'm not sure, the time on the chart needs to be changed, i see price diff, i react diff, i see context and size diff.....how this level gets halted but not rejected.....how come price pauses but no real sell hits, can't be any size here.....again, we move close to opening highs for 3rd time, that's wrong for sellers, they'll cover, i'm buying.....look at the bigger chart, how much can we go analogous on impulsive buy....mebbe 40 points, nothing for dax....pullbacks are orthodox....miniature trend.......ticking right boxes....just telling the story.....ratios allow level to exit or rev pos.....once i've got most of the move into next congestion zone i can take off bulk and allow to run