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YM trendlines drawn in atached are obviously incorrect. 10:58 [close of] YM BO of Lateral Formation/Sym on increased volume. 11:00 [close of] YM provides more increasing black volume. As such it appears as if the trend has changed. The dashed lines represent anticipated pt3 up. I...

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Thanks, Avi 8!:)

Beautiful, just beautiful. I am trying to discover the reasoning for placing pt1 of the orange dominant lateral traverse on 14:25 [close of] - the bar that breaks out of lateral formation, and not on the previous one (14:20 [close of] which creates a lateral formation by failing to BO the Sym)...

:D Ouch! ... jem - 1 hydroblunt - 0

If you could clarify 5 and 6 highlighted in red, please. Strictly for the purposes of studying the static EOD charts to learn the correct way to annotate: If I am scrolling bar by bar, for example, yesterday's static EOD chart. Prior to arriving at 14:45 [close of] bar I have drawn in...

I don't know why everybody thinks Soros is such a great trader. He was making your average run of the mill low double digit returns until his fund grew big enough to have buying power to move currencies - and then he became famous for classic stock parlor tricks a la old Joe Kennedy (back in...

LOL. You are right on point.

He was also long russian govt bonds in late 1990's believing they would never default or that US will bail them out. The russians said: sorry we spent all the money and there's no new coming in. And everybody said: but... but these are legal obligations. And the russians said: oops, sorry...

US Legal System is specifically designed to find a way to prosecute anybody AG office wants to. US Law Enforcement can seize all assets that belong to criminals. The AG office has thousands of Ivy League trained monkeys. There's got to be some dumb-ass law with precedents going back to 1700's...

:D It seems to me that multiple realities exist, each with its own rules, which allow to describe the market and consequently guide one's behavior (pushing the buttons) to extract from market. For the purposes of learning the rules of this particular reality, I guess certain assumptions have to...

I apologize for posting not fully annotated chart. That box annotates the Lateral Movement. Two bars that followed created a Lateral Movement, which in this particular case represents a Retrace in the pink down traverse. You use the word 'traverse' in a little bit different fashion than...

Thanks. It feels like this whole thing behaves itself just like any well behaved, well described physical phenomena. No matter how you slice and dice it - in the end things come out to be the same. Beautiful. Just beautiful.

The rule set with respect to Lateral Movement is quite clear: one needs two consecutive bar closes outside to kill it (at the border does not count as outside). If I correctly interpreted your comments, the second magenta colored lateral in the attached is the one you referred to in: On my...

Bar 6 is Up on decreasing Volume, which according to Jokari Window is continuation down.

:D ... several days - try several weeks! :D Nah, I already tried that.

:D Speaking of clear signals: here's few more for you: Pink FTT of Point Three down First blue FTT of the blue Point Three up

:D I will leave it to 'some people' to clarify, but my limited experience tells me that I don't always see a pt3 up sequence completed after the sentiment change on/after FTT. In this case you have a 'legitimate' FTT after the flaw. Increasing black followed with RTL BO. Then, the sentiment...

:D Damn, somebody is slaloming this baby right now for at least 2 times of today's ATR.

I think it looks srikingly similar to "what wasn't that", that happened during the 02-01-08 chat: http://www.elitetrader.com/vb/showthread.php?s=&postid=1776346#post1776346 Also, take a look at YM 15:02 [close of]. To me it looks very similar to...