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I see one. How did I get there? What work did I have to do to build my mind to know where I am in the market?

PA is just words to describe an event and facilitate learning. Move beyond words to understanding what the market is saying. This will be likely be impossible without a properly annotated chart.

1050 -1105 is not a lateral, but one with a fully annotated chart would know that. Therefore 1110 is sequence complete, look for change. Amazed how one expects to find his way in the market without a proper map.

Have you come up with an answer to this question? http://elitetrader.com/vb/showthread.php?s=&postid=2183060#post2183060

Ok, so I see you have three point twos: 1040 1115 1200 So which one, if any, is the real point two?

Ok, then this is now the point one of a new up traverse, correct? So where do you have point two?

Put you down? Nah nothing could be further from the truth. Just trying to get others to read the whole answer.

Congrats! Yet another incorrect assertion! How many times you gotta be wrong before you change your handle again? Presumption or asumption? So look at the same paragraph you quoted, note the chart snip, and tell us what the last black bar of the previous day represents? (the black bar...

My take: 'charts' or whoever this is, will continue to ask questions (even in another thread that has nothing to do with trading this method, but most of the particpants believe it does) and will not first provide any food for thought. Just a hand outstreached for a handout. When an answer...

Then obviously, it is not a lateral there.

Just as anticipated!

We have heard this all before. And we all should know where it leads.

Are you making the calls? Or you want someone else to do that for you?

Great job! Amazing how a few 'questions', actually lead to answers.

But was the down traverse that started at 1550 yesterday complete by end of day?

What is your reasoning behind point 1 and point 2 of your yellow up channel?

Yes, and he's not even in office! The amount was lowered to 200k over the weekend.

Fortunately, everything one would need to learn, is now here on ET, thanks to Spydertrader's tireless efforts.

A difference here, I 'knew' I was right, not I found out if... The 'rightness' was about ES 5min close of traverse level. Guavaman called it the night before. Gman 'knew' also. He isn't back now saying he was right, claiming some kind of victory. Sure you were right, you jumped fractals...

An almost 4 point loss becuase 'M' is not done properly. Classic case of jumping fractals. corrected: <img src=http://elitetrader.com/vb/attachment.php?s=&postid=2149081>