Search results

Thanks for the answer Avi8, however, I was more concerned with identifying the just completed traverse than the actual signal of change for that traverse.

Have reworked the time from 11:55 to 13:00 several different ways, but I still haven't figured out the completed traverse that culminated in the signal of change at 13:05. I am looking for another perspective on this period?

To extend DKM's remarks it seems the tone and tenor of the journal has lost some of its collegial and mutually benefiting vibe. I still cannot locate a signal for change around 15:00. Any suggestions would be appreciated as well as general critique is always welcomed :)

The Price close of the 10:15 bar disqualifies it as an Acceleration of Pace and the Price close of the 10:50 bar disqualifies this bar as Peak Volume. I think my new approach is to pull a George Costanza. Whatever I believe I know or think the correct action is, just do the opposite.

:confused: :confused: :confused: No sense sugar coating it. Totally confused, lost and befuddled about this

Spyder, My confusion in yesterday's market action at 10:10 and 10:15 is the result of my belief that we had a Pt3 at 10:05 and confirmed a Pt3 at 10:10. I believed we had a Pt1 at the 9:45 OB and Pt3 at 10:05 (which was a volume trough). Because I thought the traverse was forming its end...

Increasing volume in the context of a Pt2 to Pt3 can occur w/ BO of a pennant, RTL or spike bar. In my recollection, I don't remember seeing this phenomenon occurring in what became the dominant direction. I have seen these developments in happen in the non dominant direction. In this case, if...

Talk about tricky, IBV confirming Pt3 up traverse with close inside previous bar and FTT (10:10 = SOC) followed by more IBV with another close inside previous bar and FTT (10:15 = SOC). Back to the drawings boards for additional observations.

Pt2

10:15 was obviously a Pt2, but I must admit complete confusion as to why it was not an FTT/SOC of a Pt3 traverse up.

Let's hope were right :D

My thought is that we will be having a rather large gap down so we start anew regarding development of traverse and not look for continuation of Friday's close.

:eek: Scary stuff

This is my belief as well DKM

I am not offended at all because I don't know what this is referring to. Everyone here is free to accept or reject any comment that is posted by anyone at anytime. I was merely responding to a condescending, holier than thou post by someone who may indeed have intimate knowledge of the method...

First, congrats on having a carryover channel in place to help you analyze the 12:05 bar of 9-11-08. However, making pious proclamations of what can and cannot be ascertained from a complete and thorough understanding of the method when you obviously do not posses one, is in itself rather...

I would be a much happier man if I did DKM

Sometimes I'm the matador and some times I am the bull.

Spyder if it is not too much trouble could you post your annotations thus far?

Especially if one knows the sequences down freakin' cold. I just may have read that somewhere because I am not generally capable of original thoughts :p