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Congrats on your current level of success. I have no doubt you'll see it eventually. - Spydertrader

Cup Series <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2179975>

Most definitiely. When the trader sees a volume change from increasing to increasing, the trader knows only two possible scenarios can create such an event. 1. The previous sequences have ended and a new set of sequences have started. or 2. The market has completed moving...

The answer is .... Draw one when the market tells you it is appropriate and do not draw one otherwise. Right about now, you are, no doubt, thinking this answer doesn't help you. Later, you might think otherwise. - Spydertrader

The point to which you refer represents the final bars of the previous day, and the opening two bars of the current day. A significant difference in Volume is almost always going to devlop when comparing Bar 81 to Bar 1. As such, a trader assumes non-dominance until the market proves otherwise...

Busch Series <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2179494>

You know it is. :D Why do you think I removed all the Pace Lines? :D - Spydertrader

To finish up the feedback ... Much better, but now your trend lines became sloppy - creating a risk of missing something important. Did you find the missing (future) case from your first attempt? :) Nicely done. Always a good thing to think 'outside the box' as you put it, but on...

I found the results of this drill quite interesting due to the wide variety of 'interpretations' exhibited by the diverse array of annotations posted. To be honest, I stacked the deck against everyone from the beginning. I removed the time of day from the snippet, as well as, failed to include...

Hint: Different Context than today's drill. - Spydertrader

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2179010>

Read your post ten times out loud and see if you don't find the answer. :) Way too many tapes, but very thorough. Slightly off topic, but your future WMCN neglected to account for one additional case. I'll give ya' a pass on the typo and the 'crude' numbering, but sloppy trend line...

Two bites at the apple, and one of your submissions has one fewer annotation than the other. Do you feel you have thoroughly annotated your chart? - Spydertrader

Two ways to know .... 1. Thoroughly annotate a chart. 2. Read my answer when I post it tomorrow. Which one requires no waiting? :) - Spydertrader

You didn't really think I posted a chart from a random day now did you? :D Do you feel you have posted a thoroughly annotated chart? - Spydertrader

Your chart represents incorrect annotations, analysis and conclusions. Feel free to make another attempt. You sure you want to go with your current submission? - Spydertrader

Price and Volume. - Spydertrader

Another Drill 1. Add full, complete and thorough annotations to the chart. 2. Post completed chart. 3. Identify WMCN and why. - Spydertrader

Bingo. - Spydertrader

Yes. Keep in mind that when referring to channels, the Traverses form the retraces and the reversals. When referring to Traverses, the Tapes create the retraces and reversals. Extrapolating further, when referring to super channels, the regular channels form the retraces and the reversals of the...