Search results

Ok, so you are trading on the tape level. And you are trading non-dominant tapes within a traverse, which will eventually form an accelerated down channel. So when will you reverse back to short? Oh, and since you are trading on the tape level, you are using the YM, correct?

So WMCN? If the day did not end, where must price go?

Great! The 'missing' down traverse was added, which now will show where the missing down channel and FTT are located. On what fractal?

So you will also be redrawing your traverses and channels at the end too.

Please note the word - 'also'.

Where is the application of context and sequences in your 'A'nalysis?

No problem, try applying it only at the close of bar.

Yes it did. The next bar opened, went down, and then on a different fractal, went to close higher than the previous bar. So tell me then, do you want to be long? What answer did the market give?

Nope! Anything with Vol UP is what? Continuation.

Ok, that cell is for price heading down. Bar 6 has price travelling in what direction? At the 'now'?

Are these 'tapes' or just annotations on a different 'fractal' and not necessarily 'tapes'.

In the voice of Mr. Burns: Excellent!

Regardless of the intended question, let's use this snippet for a little quiz: How many traverse level changes appear? Where are they? What are they? and Why?

Really? Sure you can, all the info is on your snippet. Compare and contrast. Differentiation and using logic in a binary system. This is exactly what is being hammered on recently.

Look at the chart snippet you posted. What specifically makes that a traverse level change? Hint: Mentally change the bar to the correct color

Deju Vu all over again: http://elitetrader.com/vb/showthread.php?s=&postid=1653587#post1653587

Sounds like bar 5, instead of bar 6.

There are 10 people in this world, those who understand binary and those who don't.

Dude, in all seriousness, Tums is really being helpful and patient with you. How about doing what he asked several times????

This is powerful. It is what Spydertrader has been saying for so long - 'it is binary'. One must come to this point of understanding of the market. Thank you Mr. Hershey for your generosity.