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Thank you. Need a moment to digest that.

Am I correct in assuming that the definition of the forest channel is that it consists of dominant and non-dominant traverses which are pt3 tapes. In other words in order for the channel to be forest channel, its both dom and non-dom traverses required to be pt3 tapes? Because if I apply this...

Bar 2 is an FTT in the lime prev. day CO channel. ??FTT marks pt1 of the new channel?? – is the assumptions I was operating under. So, when the incr. read arrives on bar 4 it creates pt3 tape.

I just realized that since bar 6 is black on incr. volume it confirms pt3 in the green up channel sooner. The view changes. See attached. My commentary is an example of jumping fractals and changing resolutions back and forth I think after careful considerations. In hindsight I should...

I am still in the monitoring mode. 9:30 – 9:35 – Bar 1 – opens within prev. day CO channel and creates VE. The bar is black and IBGS. 1 min bars show shift from incr. black volume to decr. red volume. 9:35 - 9:40 – Bar 2 – heads lower on incr. red volume creating pt3 in the...

Hi guavaman, your bars sound different from what mine look like:D Would you mind posting your chart?:)

Got it! I should have checked before using the word "majority". Thank you.

Following is a bar by bar description. I would appreciate somebody with more experience taking a quick look at the logic and giving a feedback. 11:00 – 11:05 -- Bar 19 – The bar made higher high and is not an outside bar, therefore its color is black. It traversed and retraced the...

It appears that majority of those who posted their charts today identified bar number 19, which started at 11:00 and ended 11:05, as pt3 in forest down channel. That bar is marked with fat green arrow on attached chart. I believe that those channels were drawn incorrectly because an increase in...

Thank you, Spydertrader. I am taking your advice very seriously. Just couldn't resist the urge to jump ahead. Back to building the foundation.:D :D :D

FTT?

Hi tobbe. I can't locate increasing black volume following pt3 in a channel you have drawn -- see attachment. Am I missing something? Just curious why did you see it as a valid channel. Thanks.

Quick question on your pt3 channel.

Thanks Avi 8! Let me digest that.

Wondering if the channel marked as "This channel" in the attachment is a valid channel. Any clues are greatly appreciated. Thanks.

Morning so far.

I am not confused. I understand. Your posts are valuable contributions that help those of us who are learning. What you do is supportive and helpful. Unlike many others who took what they wanted from Spydertrader and moved on, and they know who they are, you continue to...

LMAO when I read it. LMAO hours after. The award for the most eloquent use of language goes to you, sir. May I venture as far as to suggest that your response has possibly more depth than the entire article.

Thanks guavaman! I missed that steep black up channel. Appreciate that.

:confused: Two consecutive bars with increased red volume in non-dom traverse - I am lost. Could somebody please post their charts?!