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Many times, the market has provided examples where a Tape widens out and becomes a Traverse, or in this case, where a Traverse widens out to form a Channel. The exact point in time for such an event, occurs when that which defines a certain thing exists on one's chart. However, the market does...

Unless you've 'scaled up' since last we spoke, you'll need to hit 2 contracts before you ever need to worry about 100,000. :) Now, you really are slipping. - Spydertrader

Such a sad commentary this thread of yours hypo. Less than half a decade ago, you could have whipped the ET faithful into such a frenzy by summoning all manner of sock puppets and motivating usernames from all corners of ET to take their shot and bash Jack - generating tens of thousands of...

A group of people out celebrating one evening leave a location in two different vehicles. From the second vehicle, the occupents witness the first vehicle wreck - taking out a telephone pole while traveling around 45 mph. Seeing smoke and 'a liquid' pouring from the first vehicle, one of the...

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2235350>

Attempt to save a life in California, instead of a Thank-you card, receive a summons to a lawsuit. Brilliant Court System. - Spydertrader

Fractals have existed as long as markets have existed it turns out. What one chooses to name the individual fractals represents a far less important thing than differentiating between the various fractals. Pennants and Laterals don't represent cheating by any defintion of the word. However...

That is because what you believe you see, does not yet exist at the time you believe you see it. - Spydertrader

Feel free to head down any path you choose. However, I encourage you to understand the reasons why I suggested the lateral prohibition in the first place. Perhaps, an extremely helpful (and enlightening) lesson resides there. :) - Spydertrader

Whatever fractal one chooses to trade develops in a very specific way. As such, all examples of a given trading resolution develop in the exact same fashion. If a trader canot see the previous statement as true, accurate and without exception, then I'd encourage said trader to redefine that...

I've used Sprint and a Sierra Wireless AirCard 595U for nearly a year when traveling. I also use the Sprint Network as a backup connection from my home desktop. As for connection speeds on Sprint's Network, I never have a problem. Except for a brief period in upstate New York and another near...

Maintaining a constant (and publically known) annotation convention allows others to more easily provide feedback, and allows the trader, doing the annotating, to maintain the proper focus on the correct trading fractal. More importantly, creating and maintaining a strict annotation convention...

1. Without a view of your entire day (or at least the Traverse to which you refer), how should someone go about the task of guessing how you viewed the specific traverse in question. 2. If you wanted to annotate a Traverse, your gaussians do not match. 3. If you wanted to annotate...

To locate where one could have possibly gone wrong today, take a screen capture of the day's efforts with respect to annotations. Then delete all the annotations, and work backwords from the end of the day (today) all the way back to the end of the day yesterday. Gaussian Cycles and the fractal...

Look closely to see all the Gaussians at work here. One can actually see 4 levels of Gaussians on your chart. However, one cannot always see four levels on every chart. Most times, one (or more) of the 'faster' levels are 'covered up' by a slower fractal. <img...

You continue to sabotage yourself by failing to annotate the entire picture. Gaussians represent a critical component of the learning process. I encourage you to begin the process of learning what you need to learn from Gaussians, rather than, simply continue to 'work on them.' - Spydertrader

Nicely done. However, you have neglected to add the sequence at the end of the day. Also, you might want to make sure your Gaussians match up correctly with your trend lines. - Spydertrader

Tapes build Traverses and Traverses build channels. Your traverses and channels appear to form straight out of mid-air. Perhaps, thorough annotations of both Price and Volume can help you move to the next level. - Spydertrader

Way too many laterals. Using laterals as a default method of annotation creates an environment where the lateral obscures that which the market has signalled. Think for a moment. Sequences within laterals would, by definition, represent things on another fractal. Perhaps focusing on...

Your first purple set of trend lines contains things within it which (if correctly annotated via Price and Volume) clearly explain how the market handled the gap at Bar One. HTH. - Spydertrader