Search results

Sure, and what followed? Another FBO. Look at the slope of this up 'move', gonna get a few FBOs on this one. Did we know in advance? What did the first 3 bars say?

I am showing that bar as a pt2 only. So then WMCN would be a retrace to pt3 on dec red volume. Pt3 shows up in 'classic' form with huge blk volume, driving us to WMCN? How about a VE on bar 16. NOW we can start looking for a FTT. How about bar 18? Just another VE. LTL bounce now? Bar 19...

Here is a bar by bar MADA for Friday. It uses an ES chart only.

Please take this in the light it was intended: If your eyes have been opened, why would you want to 'add' something to the method that is not, (i.e. one min chart)? If this 'addition' or 'invention' were useful, wouldn't Spydertrader have mentioned it's use? This is not a slam, just keep...

I did not realize Spitzer ('President of NY') and Mosley (Prez of FIA) where separated at birth. Guess it was a good thing too as Hitler attended Mosley's Dad's wedding! See Ya Max! http://en.f1-live.com/f1/en/headlines/news/detail/080331091611.shtml P.S. Thanks for screwing up F1...

Did you give this trade a chance? Your WMCN after a FTT is correct, did you actually wait for this sequence to play out? You exited on an inside bar, you were in a forming pennant on dec red vol after an entry on the FTT. Is this the proper sequence you had in mind? What actually did...

Excellent! Yes, the first domino is price moving in the opposite direction. Thought critically, you have Padawan.

I do provide answers, but why must I provide them without the opportunity to critically think about the questions? For me the thinking helps the answers 'stick', instead of having to hear or read the answers over and over.

Let's think about this for a minute. Dec vol means what? To 'anticipate' change? OK, now let's think about what 'change' would look like. What is the absolute first thing that must happen everytime when 'change' comes along? For example: Price moving up in an uptrend, we already show...

How about all 4. <img src=http://elitetrader.com/vb/attachment.php?s=&postid=1820963>

You asked '2' questions, I guess you will get '2' answers. :D <img src=http://elitetrader.com/vb/attachment.php?s=&postid=1820915>

The first is not correct, the pt3 down is ALREADY confirmed by the inc red vol. Remember, there are always FOUR possibilities, at least two of which always go in your favor.

I hate fusing corn! But anyway, is it possible to have price decrease on increasing volume right after a B2B?

Excellent Gman! It is worth noting because we are thinking of SEQUENCES of possibilities. Get started at the wrong point and the CONTEXT is different. [B] Very Good! Note the inc red volume though. What does this mean? These are the SEQUENCES we must have cold. Notice we now have TWO...

In regards to the sequence questions I was PM'd about: See, you guys know the answers, I did not have to post them. Great job on the visual, gooch. Learned the proces, you have, Padawan. Great answers. Gman, great job, the new pt3 down is one of the outcomes we would be looking for...

And screamin' change it did! Now take a look at your pt3 around 1230, is that a valid pt3 up? Or are we still looking for a pt2 up after the FTT? One last question, have you any input on my post about the possibilities someone PM'd me?

The following questions I received in a PM. I am posting them for others to answer first. Context: Uptrend that transitions into a retrace to RTL. We have decreasing Volume for a few bars. On each bar we are running through the four possible scenarios of WMCN for the non-dominate...

NO, annotation is binary, just like the process. Either annotations are correct, or they aren't. Please review the Spydertrader posted charts and try to 'see' why he did it that way. And what is this about a 'trigger'?

Well I hope this doesn't ruin the party... This is a consequence of not knowing the sequences. When one knows the possible sequences for the context, one ends up 'waiting' for change. In other words, one knows how, when, and where 'change' will appear. What are the possibilities of...

No, sorry if I was not clear. The possibility of a new pt3 up is still a consideration on the close of bar 6. What would we 'need' to see for this? [B] All we needed was price at or lower. [B] One difference is on bar 7, no pt3 up can happen, whereas on bar 10 we could have a new pt3...