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Say it 'Ain't So!!' Juan Pablo!!! - Spydertrader

Did 14:00 Break a RTL on increasing red Volume? Start with the 9:50 Bar and check on those increasing black Volume bars. Let me know when you reach one that doesn't have a short mode attached to it. :) - Spydertrader

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2091137>

Note the trends within the rather large lateral. What tools does one use to trade within a Lateral? Since the only tool available comes from coarse level, the annotated trends within the rather large lateral do not apply. :) As a result, those trading on the 5 minute ES Traverse level entered...

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2090821> Note the fractal on which you trade. - Spydertrader

You did much better on Drill Two compared to Drill One. Review the answers, and if you still have questions after your review, let's see if we can't clear them up quickly. - Spydertrader

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I'll try not to make this too long, but you have several errors in logic at work here. Attached, please find a copy of the area under discussion with respect to the chart posted by romanus and my response (linked in your post quoted above). Kindly note the area highlighted as the discussion...

Just so I understand you correctly ... You view 10:35, an outside Bar on increasing red Volume, which breaks an RTL of an Up Traverse, as non-dominant? And, you 'see' the 10:40, providing more increasing red (Extreme Level) Volume in the same fashion - non-dominant? Perhaps, you could...

Try using Price comparing Close and Open to the High or Low. In other words, Close closer to the Open than to the High, or close closer to the Open than it is to the Low. - Spydertrader

Herein lies the difference between what I have attempted to get you to do, and what you are actually doing. I do not want to talk, discuss or theorize where the 'problem' might reside. I want you to do the exercise recommended in order for you to know what you have missed. It really...

You really need to resist the urge to overcomplicate things. Start with 10:20. Tell me where you see the market begin, continue and end non-dominance. Tell me where dominance returns. Then tell me how 11:35 provided permission to seek a change in mode. - Spydertrader

Subtle difference here. Part of this specific lateral exists after Point Three (Note where the Number three sits on the clip, and note where increasing Volume comes into the picture). In other words, we have arrived at Point Three and started to head off into the channel. However, the market...

Have you ever constructed one of those 1000 piece puzzles? You have all these pieces spread out across a dining room or kitchen table slowing connecting pieces until the picture gradually begins to take shape. Do you say to yourself after placing piece number 562, "Oh, hey. Look there. I just...

One scenario changes dominance. The other scenario never finishes non-dominance. - Spydertrader

The bar to which you refer falls completely inside the lateral boundaries. An IBGS Bar (on increasing Volume) which breaks through the Lateral boundaries is the variety I use to 'kill off' the Laterals. - Spydertrader

How to build a Traverse? Dominant - Non-Dominant - Dominant 11:55 Starts us off with a Dominant Black Bar 12:00 & 12:05 bring in the Non-Dominant portion 12:10 shows increasing red but Price closes back inside the previous bar (no change in mode [mode is still long]). This bar also...

I have highlighted the two bars in question - circling the Point Three bars in the Sequence. Note how one bar creates a Point Three, but has not yet confirmed with increasing volume. The other bar devlops on increasing Volume well after the Point Three bar. HTH. <img...

Where your red lines point, Laterals are forming - one Lateral Formation and one Lateral Movment. Where the blue lines point, laterals ended or could not form due to change (one sequence ends and another begins), or IBGS on increasing volume. - Spydertrader

See my response to phineas. - Spydertrader