Walk with me a moment (push your chair back from your monitor) as I try to have you 'see' through my eyes and look at the Big Picture. If you look at your chart, you appear to have two forests coming together to form a 'V' shape (Orange Down and Blue Up Channels). Now, I see absolutely nothing...
I added PRXI to the Final Universe because the stock currently cycles a minimum of five times in six months for a minimum of 20% gains over a period of six to eight days. (See Final Universe criteria: Journal I). While clearly PRXI has formed a Point Three (Red) Down Channel, Friday's EOD buy in...
Cup Series
Rain postpones race at Dover until noon Eastern Time Monday.
- Spydertrader
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I drew in the Red Channel at 13:55 PM. Note the attached Chart Snippet. Both Points One and Three of the Red Channel occur because of the FTT's which form on the Blue and Olive Up Channels (Traverses). The fractal nature of channels tells us to always look for channels to create even larger...
You'll want to locate the wall first wherever it resides across the entire market Depth (Note the Price with the most contracts on both the Bid Side and the Ask Side). While you monitor, note the changes which take place as Price moves to the wall placing the wall at the inside market. Does the...
I apologize for the delay in responding. I wanted to locate some nice examples before providing an answer.
With respect to Odd and Even Harmonics, we want to envision Price Bar formations which appear similar to a particle wave formation. By 'seeing' Price Bar formations in such a fashion...
This program works nicely for capturing a chart. It contains tools for highlighting areas of your chart for focus. Try to save in .gif or .jpeg formats. To post a chart, follow these instructions.
Good Luck with your Journal.
- Spydertrader
Busch Series
Carl Edwards rolls to a win at Dover for third victory of season.
- Spydertrader
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You determined what the 13:20 bar wasn't. If we don't have an FTT, then when do we have?
Remember, Flaws do provide 'signals for change' within the framework of this methodology. We simply don't recognize them as such when trading at a Forest or Tree Level Resolution. At these Resolution...
When we have a shorter HVS (3 or 4 bars) we normally see the telltale decreasing volume of oscillating color (RBRB or BRBR) - typical of an HVS . As the HVS extends further out in time (into a longer lateral), the opportunity for all sorts of Volume changes develop. However, by time we move into...
Cup Series
Newman bumps Junior for second consecutive Bud Pole.
- Spydertrader
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