Search results

Complete our traverse? We never had one did we? We have a down traverse, then lateral movement for the rest of the day

LOL, what just happened here?

Alright so lets go with the lateral hypothesis, that no signal for change can take place inside the lateral on our fractal. We have a down traverse, followed by lateral movement, which takes us to the BO around 11:30ish. We want to see increasing volume after the BO bar, however we get...

Perhaps we are dismissing the fact that all of the bars we are discussing took place inside the 10:10 bar aka lateral movement??? EDIT: jinx ehorn! :D I think you had it right the first time, I am trying to line up numbers w/ different time zones and it is late HEHE

Ok.. Definite possibility of a fractal jump here. I assumed there was a signal for change, simply because price is no longer going down. The only other possibilty I can think of is that there is in fact no signal for change on traverse level, that a fan is in order. However, there does seem...

Ok, however, what is our traverse level change signal here? An ftt, if Im not mistaken, needs to be either Jokari Window Change, Pennant FBO, or Peak Volume. Looks like jokari to me, price makes lower low on decreasing volume, turns into an OB. I am making some assumptions here and hope to be...

Yah from me as well Looks like down tape, lateral movement, down tape (all in one bar) . However, I dont get a change signal from the last bar. Seems to me that we get a lateral retrace followed by another dominant attempt that FTT, showing the change signal and thus the new pt1 for the...

Agreed Why havent you been posting more Barnby??:cool:

Touche! It didnt satisfy the requirement because I had created a rule that did not exist... Zing That does bring up another issue, that the following tape (after the pennant) must have 2 bars of increasing volume....which would be expected anyway... HMMM Ok I need to redo some charts now...

You arent stinking up anything :D He has it annotated as a channel, composed of the blue up traverse, pink down traverse, green up traverse I think we are all getting a little thrown off as there seems to be something amiss here, hard to put a finger on it.

The actions look good to me. If we have correctly identified the blue and pink (with gray circles) as traverses, then I think those would be valid actions as well. I take trading on the traverse level to mean, reversing on each FTT of each traverse throughout the day. I think it would be...

I do agree with this, and avoided this answer to avoid oversimplification.. Perhaps that just complicated things Although, if you think about an FTT that ends one traverse (which in turn begins a new one), the first tape would be non dom wouldnt it? Decr volume anyway

That makes sense to me.. The only thing that bothers me is that last pink traverse. Im not sure why, just sticking out for some reason PS Very cool graphic there TIKI, you found any practical use for it?

After the tape, we would note lateral movement when the closes of the following bars reside within the hi-lo of the bar that ended the dominant move. We would also need a minimum of 3 bars I believe, as 2 bar pennant will not satisfy our requirements. Decreasing volume will be present through...

I try to avoid looking for tape ftts, as it seems to lead to jumping fractals no? For sure we need two tapes in one direction, with an opposing, non dominant one. I believe we can also have two same-direction tapes seperated by lateral movement. Also, we need to confirm that the increasing...

Yea.. self disclosure. Im just annotating as I see fit. The sequencing bit escapes me. I feel like I know, but Im not sure Im on the same page. I think it goes back to the questions Spyder posed. What begins a traverse, what ends a traverse? What are all the components of a traverse...

Ya gotta love it... Trainin like an athlete LOL minus the sweat

Im gonna go with 6 Traverses : pink.blue.orange.green.orange.green 1 channel : green 1 IT channel : orange OR 2 traverses : pink.purple(lateral) 1 channel : orange fractals are frying my brain :D

Yea, I had considered that we were in lateral ever since the 10:10 bar. Also approaching a CO RTL from yesterday that seemed too far away to come into play today. PS If anyone uses Skype and wants to chat about this anytime, hit me up.. handle: jander20 .. Broke $2 microphone so only text :D

I would imagine that the red down bar on low volume cannot be the 1st bar in the 3bar peak volume sequence (up). I could be wrong. I had it pegged as jokari window change (11:40 bar), higher high on decreasing volume after increasing volume. Not sure though..