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Me too ehorn. Last night I did the BTTDB thing and in particular went to the area we were discussing a few days ago, e.g., 9:55 AM on 12-18. That was NOT a P1 for an up traverse but yet another damnable fast fractal Frankenstein. We were nondom at EOD and stayed nondom at 9:55. Your...

I see a workaround for my problem with the P2 of the blue up traverse but it's late and will discuss at another time. Bottom line is new up channel beginning soon. The PFC is very important and if the market shows my analysis to be wrong then I learn from it. If I say nothing and nobody...

Thanks for the feedback palinuro. A couple of questions if you don't mind. I see 2 pink lines on the left of the chart. The top one would correspond to my 'monster' traverse (which I originally had annotated as a red down channel), while the bottom one corresponds to the 'old' traverse. If...

I was going to post this on "Technical Strategy" but it's 3 AM London time so I thought I'd post on IR rather than wait till the AM. My reason for wishing to post elsewhere has to do with fact that the exercise was triggered by an observation on YM's price action after the close of RTH on...

The power of the retrospectroscope is well known. It is never wrong. Livermore eventually blew his brains out which would suggest that some things, that some people say are worth listening to sometimes, and not much more. So I'll stand by what I said he said about there being only one...

So then let me amplify my previous response by saying that this methodology, when you know WTF you are doing with it, allows you to take a small profit when you are wrong and a much larger profit when you then get back on the right side of the move. As Livermore said, "There is only one side to...

Dat be right Dacky. So when you are wrong, get right. lj

Good thoughts dubyah. Another point that dkm touched on is to use the Spyderian format for channels and Gaussians. It tells people what you think you have be it a tape , a fftraverse, a traverse or a channel and what level of Gaussian you are depicting. I forget where Spyder posted this but...

WTF. http://www.youtube.com/watch?v=YievWIX9AKk&feature=related The Hershey method is flawless one simply has to discover the flaws in oneself to appreciate what is going on. It is nothing more than a perfect Boolean construct. Trivial, n'est ce pas? lj

John T. Hershey's 'golden triangle', with apologies to the author. In the future I will attempt to make comments concerning my observations on the process of trading with the methodology we all work so hard to understand, as stultifyingly boring as is humanly possible...

Breakfast is ready. http://www.youtube.com/watch?v=Z_S532DjrZk&feature=PlayList&p=C3225CDFF4430680&playnext=1&index=53. Num, num. lj

I'd still like to hear what Franklin said about insanity. I read a recent biography (haven't read his autobiography) and didn't come across his thoughts on the matter. lj

Indubitably. And yourself? lj

You've ruffled none of my feathers cnms2. I just wish you'd quit using that freakin' smiley. It drives me nutz. I'm not sure if that's how Franklin defined insanity but I'd like to hear what he said. lj Edit: The tell was the 'ghosties'. For whatever reasons I relate better to your...

Oh ehorn. I agree it is getting late. My only point is that perhaps it may be that laterals are something which may be used. Sometimes when I think I know something, speaking here just for myself, I find out that I don't or that the way I was thinking was not singularly correct. That's...

Again, I see no compelling reason to use the lateral, while you apparently do. Cool. So then you could have anticipated a pennant on the next bar due to overlap considerations or pace considerations? I would have used pace. The 'no breach of the tape RTL' requires nothing more than waiting...

That's the whole point dude. What if one didn't use the lateral? lj

I know that you do ehorn. What I'm asking you is why it is so critical to you. The distinct possibility exists that you know something I don't and I'm just asking you what that something is. lj

Opinions are great. They keep us humble when we incorrectly interpret something. What I was referring to in my statement of agreement with 'ehorn's tape rundown' is that speed bumps aside (the 15:05 is a pennant BO), why does the 15:15 not confirm the P3? Then what we are looking for is a...

I agree there are up to four fractals which may be obvious and it is the one in between the tape and the traverse that shows variabilty. There is always a tape, a traverse and a channel. I think that's safe to say. Where one can get screwed is by calling the fast fractal funny stuff, VE's...