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:D If his computer had figured it all out with respect to correct annotations, I'd be willing to switch my brains for it in a second. My comment of course is meant as a joke - bitter truth wrapped in the humor.

http://www.elitetrader.com/vb/showthread.php?s=&postid=1899181#post1899181

I thought I had an answer for you. I really did. But after seeing what happened today between 1525 eob and 1550 eob and how it has been annotated, I no longer do. Apparently what I thought I saw as an answer is not correct. Have to go back to the drawing board. Sorry for the confusion. The road...

As one traverse ends another one begins in the opposite direction. As it begins it starts with a tape. The tapes take price to pt2 of the traverse, then to pt3 and back to into traverse. EDIT: The text in the picture represents quotes form different Spydertrader's posts. If one wishes, one...

Thank you for this insight. This will definitely make me look at the openings in a totally different way.

Jokari window is simple indeed, context however is anything but. Bar 4 today (0950 eob increasing red volume with price going down) would have signaled 'simple' Jokari window 'continuation' if one thought that the price was moving in the dominant direction. However this was not the case as...

I think that bar 8 is the signal for a change precisely because it is a VE of the dominant traverse I tried drawing CO TL's but I can't see what you see. The first 5 bars of 7/15 create pt3 formation and everything else, I think stems from there. :D Personally, I would settle for being able...

Thank you for the charts, Spydertrader! As always today has been extremely helpful.

It gets even crazier than this. The non-dom traverse 1110 eob - 1225 eob presented itself in the form of the channel (dom traverse 1120 eob - 1155 eob followed by lateral LTR traverse). So now we need not just the traverse but the full channel to takes price back to LTL. I have trouble picturing...

This is a very critical element that I overlooked. Thank you for yet another missing piece of the puzzle!

What I was trying to communicate is: the first four bars this morning widened yesterday's 'chubby' tape to the size of the traverse after the price BO the RTL of that traverse it started building the up traverse in the opposite direction when the retrace of this up traverse presented itself...

We may have different definition of what channel is, which may at times be confusing, since terms 'channel' and 'traverse' has been used interchangeably. Personally, I called it a channel because its second non-dom traverse is a pt3 formation ( with incr. red volume after pt3)

I searched Spydertrader's posts for key words 'traverse' OR 'traverses'. Especially more recent posts (past few months) contain a wealth of information and explanations, which I found to be extremely helpful. See if you can annotate pt3 formation there with pt1 on 1005 eob, pt2 on 1010 eob and...

I pulled all posts made by Spydertrader with the keyword traverse or traverses. Across multiple posts he describes in great length the mechanics and sequential order of building a channel from traverses. As you correctly anticipated what follows VE 1305 eob (bar 43) is another pt3 traverse...

found it

Is there a table by any chance that show bar number corresponding to its close of time. I just quit trying to count to 53 , cause I was making mistakes several times.:)

sorry, I misunderstood:)

Can't have an FTT before pt3:)

You are correct. But the Spydertrader's light blue (aqua) line was created after 1420 eob. Before that blue channel was being built from traverses. If that was true, the light blue (aqua) Channel would need to have as non-dominant traverse not the pink down Traverse, but another channel built...

I have not finished my first set of 20's yet:D