Quote from Spydertrader:
Volume leads Price. Always.
However, far more information exists within a Volume Pane than simply the height of a specific Volume Bar.
The sequences of Volume which exist across every fractal, and on every time frame provide the 'points' in time where one trend ends and another begins.
These sequences repeat - over and over again - across all markets - every day.
- Spydertrader
Quote from romanus:
Hi romanus and all JHM students,
Is it one of the possibilities that 15:35 bar (close of) a change signal instead of Point 2 ? Could you kindly explain why if your answer is NO. Please see the attached. TIA!
Quote from NYCMB:
Note the gaussians - in order for the sequence for the down channel to be completed, the sequence for the second dominant traverse must be completed on gaussians as well, R2R 2 B 2 R.Quote from romanus:
Hi romanus and all JHM students,
Is it one of the possibilities that 15:35 bar (close of) a change signal instead of Point 2 ? Could you kindly explain why if your answer is NO. Please see the attached. TIA!
The day has ended with market finishing only the R2R 2 B part of the above and closing inside the lateral while moving \B - non-dominantely.
Or so it seems to me.
If my annotations are correct we need to see the /R gaussians completed for the 2nd dom traverse of the channel before the channel sequence is completed.
15:35 bar does represent a change signal (Jokari), however on a finer fractal - a tape which took us to P2. In other words it's a change saying that now we will go towards P3 of the traverse.
It seems to me that in the past the market has shown the continuity even during the holiday low volume session. See attached.Quote from NYCMB:
Hi JHM students,
Market opened on July 3 and trading sesson lasted for two hours only. Volume was extreamly low. On Monday, July 6, do we slide the first bar to match the last bar (11:30) of July 3; or, to match the last bar of July 2? TIA!