Recent content by phineas j. w.

Steven, I believe that the distance that Saliva is referring to is the length along the red line, from the open to the close of each candle. Consider how price would have moved from open to close, as each bar was forming. This movement is shown with the arrowed red line. The length of...

Saliva, When you condense/blend the 5 minute bars from each price swing, into a single candle formation. Do you just rough out the OHLC of the candle formation OR do you use: . . O: opening price of the bar at the beginning of the Price Swing . . H: High of the price swing...

Spydertrader, Just want to make sure that I get this correct (still a bit confused). 1) Is the difference in context of the two cases, a result of the bar following each of the lateral Fbo. In first case the next bar is inc black and changes dominance to UP. In the second case next bar...

Okay; Regarding the context. I know from you chart notes that the signal for change was a lateral Fbo (so lateral was still in place). So in this context, the increasing red volume bar that is the signal for change bar, can also complete this sequence. Thanks for details, Phineas...

Spydertrader, Just to finally get this clear in my mind. Regarding your purple down sequence, that ended on bar 11:50. Which bar actually completed the sequence, with valid increasing red volume. Was it either of these two? 11:45 Pennant BO on increasing red volume 11:50 Lateral Fbo on...

Got it, Thank-you. Phineas

Before I try the Dom / Non-Dom exercise, I had a question regarding this post, that has confused me. We know that RTL Bo/Fbo, Formation Bo/Fbo or spike bar, are examples of increasing volume as price moves in the Non-Dom direction. And as such, these bars do not confirm a trend after a pt 3...

Spydertrader, having considered the details previously, I'ven now zoomed out, too see if I can expose the difference between the 11:55 and the 12:35 bars, based on context. This is what I see. 11:55 bar a ) exhibits the (3) bar volume and price requirements for Jokari window change. b)...

Spydertrader, In an effort to try to understand how the two bars differ, I've listed my assessment of each bar leading up to the bar at 11:55 and then 12:35. I’ve listed all the changes in dominance. Noting both the tape level signals for change, and the two Traverse level signals for...

Romanus, Not sure about the "Sesame Street" post, I was referring to this spydertrader post: Phineas, ----- Spydertrader 07-24-08 08:29 PM ... However, Decreased Volatility with Increased Volume only requires two bars to create its signal. Since we create 'tapes' out of two adjacent...

Romanus, You aren't kidding about differences with data providers, both those bars have a 2.25 pt range on my chart (Esignal data) But regardless, isn't decreased volatility on increased volume, a tape level signal for change, not a traverse level signal for change? Phineas,

Romanus, I believe what Spydertrader was referring to in his 8/22 post, was a different context than both the 15:20 bar on 9/10 and todays 12:05 bar. In the 8/22 example, spydertrader's comment was made regarding the 10:40 bar that was a Jokari window signal for change. His point was that...

I find that I sometimes include a traverses or chubby tape, that you do not include on your chart. As an example, you annotated a shallow point three traverse starting at 15:15 eob. On my attached chart snippet, I've drawn an additional steeper chubby tape, starting at 15:15. Is this...

Thanks for the direction.