Quote from SnakeEYE:
Jack, i found it difficult to annotate three p,v fractal levels on the higher time frame (20 min to be exact) as you suggested in some of your previuos posts.
" Annotate three P, V fractal levels. This informs you as to where you are in the trading cycle. Three trades ar done each cycle:
(1) point 1 to point 2
(2) point 2 to point 3.
(3) point 3 to ftt.
''
The question is.Can i use laterals and volume BO instead, because it signal possible reversal at some point?Any ideas? I`d also like that you provide us with the different (particularly the 10) cases of the laterals ,mentioned by you as well.
Thank you.
Annotating timeframe bars to compose the interlocking levels of parallelograms on adjacent fractals myw take a few trials. But it can be done by purposeful workers.
The ten cases are worth self discovering as well.
As you say tying volume to price can be halpful as well.
suffice to say the some pople do have this delightful integrative experience and thers eithe meet their intellectrual matchor even joylesly skulk back to their damp caves and witch the mildo glower from the walls.
It is tricky to sit with paper in hand and sketch away and discover the counteintuitive nature of the geomatry of the markets.
An exciting breacakthrough is finding outbinary algebra can be the key to markets. Having to use the first derivative of the variables instead of just the displacement measur is also amazing as a stepping stone.
The fact that you bring up the lateral case is a very cool obervation.
I'll go down memory lane with you for the pur pleasure of it.
I'll create the whole package in a few posts that make points about principles that come up for a perons doing critical thinking.
time frame charts have bars for price and volume.
It is so intriguing to look at small bunche of them.
Can you recognize that there is an artificial constraint in putting data on time frame bars. some people feelthis is a solid place to begin, but is it? Letting it be for a while is great if you remember to come back and deal with this artificial provision later.
Let is be "good enough" and paly around as if pick up sticks, lincoln logs or Sister Montessori droppwd in to play with numbers with you. Think about FLW leaving his triagles on the floor as well.