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Maybe you should stop trying to put people on the wrong path. Why do you keep on pretending you know this stuff? This is not the first time you try to do this, isn't it? http://www.elitetrader.com/vb/showthread.php?s=&postid=2172089&highlight=invented+things#post2172089 -- innersky

you're not

does this makes more sense? -- innersky

Maybe you shoudn't invent stuff that doesn't exist. -- innersky

for me that is the same as fanning out. What is for you the difference between fanning out and moving the RTL? -- innersky

Can you draw that new RTL? You totally lost me here... -- innersky

Multiple choice question of the day. Why do we have to fan out the blue traverse into the black one? a. The blue traverse is compelte, but there hasn't been a signal of change b. There is no way one can create a down channel here c. We're still moving inside a lateral formation d. Any...

Question about fanning out. When price goes through the RTL, after breaking out a lateral formation(first bar outside the lateral), on increasing volume, do we have change or not, and why? -- thanks innersky

Chart. Not sure about the forrest green channel. It has a big lateral in the middle, so it could be just a traverse. Also, the last olive up channel could also be a traverse, as it has pt2 outside the previous traverse. -- innersky

Actually, when I take a second look at this chart, I think that the blue up traverse isn't a traverse but a forrest channel. It does have all the ingredients to be one. -- innersky

So, what you both actually are saying is, to see what is happening one must first thouroughly annotate the chart. I'm sure that I heard that somewhere before... -- thanks, innersky

question about yesterday. (see attach) The fuschia down traverse gets fanned, but on incr volume. Can anyone tell me why? Or in other words, how can one know, in this case, at the end of that bar how to know one must fan here? -- thanks innersky

agreed, but when that small channel ended, I expected a traverse retrace (where the OB is pt2). Obviously this did not happen. -- innersky

Question about yesterday (see attached chart) at 15:05 it appears that a down traverse starts to form. We get R2R then decreasing black but then suddenly the decreasing black goes to increasing black and price goes way up. I don't see any good reason here to fan out the up traverse, so can...

thanks, innersky :)