You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Iterative Refinement
- Thread starter Spydertrader
- Start date
How's that for timing? I was just thinking about the concept of Super Channels last weekend (although I erroneously referred to them as meta-Channels).
The market was kind enough to offer examples of Super Channels on two consecutive days.
Edit: perhaps not, heh. I don't see one on Spydertrader's chart.
The market was kind enough to offer examples of Super Channels on two consecutive days.
Edit: perhaps not, heh. I don't see one on Spydertrader's chart.
Attachments
Spyder on my snippet I was wondering why the orange is not a traverse. It is not labeled as a Pt 3 traverse on your chart. I can understand why the Olive green is probably not a traverse due to the fact it never broke the lateral(in my chart and formed a pt 3 to the upside but I cant seem to understand why the orange traverse is incorrect.
In my chart, I feel we have a break of the thin orange tape on decreasing black volume followed by a lateral retrace which you also have in your chart followed by a pt 3 confirmation when the lateral gets broken on increasing red volume. By all means correct me where Im wrong.
Im hungry for knowledge here.
In my chart, I feel we have a break of the thin orange tape on decreasing black volume followed by a lateral retrace which you also have in your chart followed by a pt 3 confirmation when the lateral gets broken on increasing red volume. By all means correct me where Im wrong.
Im hungry for knowledge here.