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You'll recognize it on my charts as the fanned out extension of yesterday's down traverse. - Spydertrader

Again, you might not know if a bar represents dominance or non-dominance, but you can certainly recognize when something appears different than in the past .... "What wasn't that?" In addition, yesterday saw the creation of a dominant Trvaerse within a channel. This morning we have a non...

At the close of the day, the trader knows what has transpired up to this current point in time, and as such, the trader also knows what has yet to develop - WMCN. - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2117045>

One thing has ended, and soon, a new thing begins (wash, rinse, repeat). - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2116954>

Remember, When Price transitioned from Point One to Point Two the market already established dominance and non-dominance. The trader simply now monitors in an effort to know when the market has returned to dominance. In addition, WMCN does not mean "what the market must do on the next bar." WMCN...

As we review the Gaussian Drill, everyone needs to keep the mindset in place of exactly what is known at the close of each bar. In other words, we know now exactly what the next bar (and each bar there after) did, but in real time, one only has the information contained in the near past, as well...

Today

They stop playing - at all. - Spydertrader

This is what happens when the 'smart money' turns into 'scared money' - DOM level View. - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2115576>

Today, should not have provided too many difficulties for you. The end of day (yesterday) ran down to create a down traverse, followed by the gap up this morning and Lateral (Non-dominant Traverse) created the opportunity for the morning's down traverse to complete a channel sequence. When...

A quick review, in case anyone still has a desire to participate (or anyone wishes to change their answers :) ). 1. Non-dominance represents the default state until the market indicates dominance. 2. \/B2B or \/R2R represents Price Movement from Point One to Point Two. The next phase...

HTH. - Spydertrader

In an effort to allow all those who wish to participate an opportunity to do so, I plan to hold off posting on this subject (Dom / Non-Dom Drill) until tomorrow evening. As a side note, a person with average observation skills might note the same usernames participating in the drills - time...

Attached, please find a chart snip containing the End of Monday and Beginning of Tuesday for the 5 minute ES [close of] bars. As a drill, label each Bar as Dominant or Non-Dominant and include why you feel the annotated label applies. I encourage everyone to participate. The results of this...

Excellent. Using long only techniques (Journal One), the system kept you out of the market. As you gain experience (and once the fools at the SEC lift the short sale ban), you'll have the ability to profit on the short side during these market drops. I did - the first two weeks of Journal...

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<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2106890> Congrats to Smoke on his first victory of the year. - Spydertrader

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I encourage you to review what you know as a result of a 'pre-flight check' prior to the opening bell on the day in question. - Spydertrader