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The retrace is coming, because we have not seen it yet since the trend started.

Thank you for the additional data. I’ll start looking for the ’subtle differences’. What all Traverses have in common is a retrace. In this case there isn’t even a decreasing black. There’s no way these 4 bars can be annotated as a Traverse. It’s a tape.

Aha! And the mode stays long for the next 16 bars until 11:10 eob, an outside bar with Jokari Window signaling short.

I see volume increasing across all three first bars of that day. The price however creates a lateral movement. The first thing that comes to mind, and in this case it is not applied to a specific bar closing inside the previous bar’s range, is that lateral movement on increased volume means...

I am staying away from 'A' section until satisfactory completion of 'M', but I could not resist. In case if you think this has something to do with VE, here it is - 1, 2, 3 and signal for change on bar 8: http://www.elitetrader.com/vb/showthread.php?s=&postid=1995057#post1995057 My gut tells me...

Also if anybody else can help with the correct way to annotate 7/29/2008, I would greatly appreciate that.

http://www.elitetrader.com/vb/showthread.php?s=&postid=2011797#post2011797 Spydertrader, if you’d be so kind, in my attempt to annotate 7/29/2008 correctly, could you point me in the right direction. http://www.elitetrader.com/vb/showthread.php?s=&postid=2011319#post2011319 I interpreted...

Sorry. What I meant is: 1. it was referred to as a channel 2. I could not see any annotated traverses which built this lateral channel 3. I decided to leave it alone, because this type of scenario rearely happens

Avi 8 referred to it as a rare case of annotated lateral channel : http://www.elitetrader.com/vb/showthread.php?s=&postid=1980064#post1980064 Since that was the first time I noticed annotating in such matter, I thought that was an exception where the same vocabulary is used to describe...

Out of set of all laterals, some of them can form (a) retrace in a traverse, or (b) traverse in a channel. A lateral is still simply a lateral as dkm said, whether it's (a) or (b). It becomes (a) or (b) by virtue of where in a traverse or channel it appears.

Damn, annotating those lateral retracements is a real art. I can only put them there in hindsight with respect to pt3's right now. Do they start on a bar after the bar that shows change?

LittleMac, you were right about that lateral movement. LOL. My argument in that respect was totally wrong. Also disregard my comments about where traverse ends. Upon further thinking the only explanation I can come up with - is it ends because the price stops moving. And so I get to...

I annotated 12:40 eob as a pt1 of the new traverse down because on the previous bar we have a BO on increased volume, next bar fails to show more increasing black. In fact it shows increasing red as price returns inside the lateral. Jokari window cell - price is down when volume is up.

I drawn some tapes. I can't understand why you would consider starting your lateral movement on the 10:55 eob bar. There's very little overlap with the 11:05 eob bar. I can't explain logically why starting lateral movement where it most often developes as a result of formation (pennant, etc)...

I am sorry, English is not my second language, it's not even the third, so take pity on me, as I am having trouble understanding the above.

1. Looking at your pic I can not figure out to what bar the annotation "FTT JOKARI" refers to. 2. What makes it a lateral traverse is the follwoing logic : A) one traverse has ended B) when one traverse ends another begins C) at any given moment price always resides inside some kind of...

If channel is built from traverses, don't wee need to separate all three entities (dom traverse, no-dom traverse, 2nd dom traverse) on annotations as in this red down channel: http://www.elitetrader.com/vb/attachment.php?s=&postid=1987687

I saw it differently.

So far I have seen two situations where BO of the lateral/or formation results in additional data: 1. when in existing trend, BO, in the direction opposite to the trend, on increasing volume followed by decreasing volume bar means the existing trend did not change, 2. again in existing...

I think the traverse is completed when it went through the sequence of pt.'s 1, 2, 3 and change signal. I think the third traverse of the day (second dominant traverse) is completed after pt3 on 11:15 eob and change signal 11:20 eob (Jokari Window)