Recent content by Miracle

There must be at least three traverses to form a channel; however, there is no upper limit. As long as PA is in action, the channel will be maintained. M.

IMO, 13:35 is P2 of the up traverse and there is LM from 13:35 to 14:05. LM FBO at 14:05 forms P3.

Three up channels are broken, but the super up channel is not broken yet. To hold through all the laterals between 10:35 and 13:40 is not easy.:) Comments are welcome.

Thanks Palinuro. After reviewing Guava's chart, I can see you guys annotated a big LM. Should we have LM at the end of traverse and beginnning of another one? Is the last red bar IRV FBO within LM kills it? TIA

I think you are right. Bar 15:20 and 15:35 IBVs are pennant BOs. B2B cannot be confirmed. Could you please explain why 11:55 bar is p2?

13:40 bar is DU and 13:45 is PA. The following pink traverse has 13:45 - p1, 14:00 - p2 and 15:05 - p3. 14:00 bar confirms B2B and 15:05 and 15:10 return to DOM. I am not sure if my analysis is correct. Please correct me if I am wrong. TIA

I can count all sequence within it. That's why I think it's 5 min traverse. Guava? IMO, if it closes above previous bar on DBV, then is JW signal.

IMO, the 15:35 bar confirms B2B, however, one might consider it as unknown due to FTP breakout. This is the area that I am confused most of time. 12:20 SOC makes perfect sense due to lack of change on 11:55 bar. I am not sure if 11:55 bar is p2 because I think 11:05 shows IBV and it...

I don't think the green channel is valid. There is only a non-dom up traverse in the Red down channel. I might be wrong though.

Here is my analysis for today. Comments are welcome. The market completed p2 to p3 move at 10:20 and the first down traverse (started at 15:05 yesterday) by 10:55. The third DOM traverse started at 11:55 with p2 at 13:00 and p3 at 13:35. I think 13:45 is PA so we have accelerated...

Here is my view of today. I only annotated 5 minutes traverses and channels. IMO, the up channel was completed and the first down traverse is still moving from p2 to p3. Comments are welcome. Thanks.

In reviewing the journal, I am confused with the chart dated 2008-01-07. I think all 1/2/3 traverses are fast fractal traverses. Can Spydertrader or anybody help to clarify it? Thanks and Happy Holiday.

This is how I see the sequences of the down channel.

Thanks Spyder and Mr Black for the direction and explanation. Now I know I need to wait until the domino start falling before taking action. I am going to review all peak volumes discussed here this weekend to make sure the concept and the context sink in. As I understand, the journey is all...

I have pointed out all peak volumes in today's chart. Can anyone shed some light on why the first and the third one failed? Thanks.