On 10-case geometry and beyond
- Thread starter Simples
- Start date
Remember... pt3 CAN NOT extend higher or lower than pt1 of the (possible) container.
I'm looking at bars 101/102. The straight line, I assume to be a LTL, was breached.
Proper handling at that moment is changing pt2 to pt1, which makes the breach a pt2 and to continue annotations from there. See Channels For Building Wealth, page 99.
In my experience annotating fast charts, this situation often, not always, displays in the gaussians as b2br2r or the reverse. If that sequence is not present in gaussians, but seen on price bars, it usually means containers need review/adjustment.
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I think your data feed is not the best one.
You can use free NT builtin Kinetick (End of the Day).
Just select it from menu.
The software degapping makes it so much easier to log these volume events. This is what I see.
bar104 XB, BO,T1, P1 assigned BM Long
bar105 Sym, Wait
bar106 OB, BO,T1, Lat3, no wait, P1 assigned, BM Short
bar107 Sym, lat4, Retro, re-start from bar105-> T1, bar106->PP5, P1 assigned, bar107->T1
bar108 XR, lat5, P2
bar109 XB, lat6, T2P, Ab EE, P1 assigned
bar110 Sym, lat7, T1, BM Long
BM Long, Bias is Long, Failsafe BM,Rev on standby, Binary vector BO or FBO true at EOD.
Even though there is no pt3 for the larger short channel currently presenting, The fact the long volume is decreasing with increasing price is characteristic of being in a larger short channel. Having that larger channel is a note.
We are anticipating increasing volume arriving in the market with increased volatility with a BO long or a Failed BO and continue in the current Dominant Channel short.
Current bias is long.
Current RTL long intact.
Anticipating Dominant Traverse Long by
increasing price, decreasing volume transmuting into
increasing price, increasing volume.
Else,
Increasing volume, decreasing price will be ftt long, return to Dominant Short.
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@Simples
What cleans up the fanning is that the pt2 of price in the current Dominant traverse is expanding a new fractal channel by crossing over the prior opposing Dominant Channel's RTL. This creates the interlocking fractal parallelograms. At the point the New Dominant dominates, the fanning of the prior channel stops. Where this is evident is by matching the channel context with the increasing volume peaks of the corresponding channel color.
There is a matrix of trends. On one axis is complete and incomplete. The other axis is Failsafe and Routine. The intersection of these zones makes four quadrants.
The quadrant that is always processing in the background are the Failsafes. The Failsafe monitor rapid changes in sentiment that occurs with a sudden change in market activity.
The Bookmarks are placed to activate the Failsafes if the boundary gets trespassed. The two boundaries of consideration are the pt1 to pt3 of price as the RTL and a horizontal line at pt1. Pt3 are set generally by the troughs of volume but can also be on a increasing volatility bar.
An activated Failsafe starts the trend by assigning a P1 to volume regardless if it's actually a peak bar in volume. The bars then get assigned by the use of the VTP which logically processes the height of the volume bars into a specific pattern, much like a coin sorter would work but in this case it's with a finite set of p/v bar patterns that ever repeat in the OOE.
Starting with a BO bar, the bars the follow through on the continued move are the Dominant traverse of price expanding the larger fractal channel.
What must come next is the non-Dominant traverse and a return to Dominance for a completed trend.
m1->m2->m3 of price.
The C-turn to A-turn to B-turn.
Linking it the the interlocking opposite makes it C-A-B-C-A-B-C-A-B-C....
There are two cases on either extreme of this central trend. The interrupted on the one bound and the extended on the other. The interrupted are additional C-C turns. Rapid changes in sentiment by increasing volume in the opposite direction from the current one. The other are A-turns, a series of which is the non-dominant ranging of sentiment within an internal or an expanded series of bars defined as a lateral. Also known as market pauses with the accompanying dry up of volume. Next is a C-Turn as the second part of this two turn type matched pair. (A-C turns)
The other bound is the extended trend which are the A-B turns cycling within a larger trending channel. C-A-B-A-B-....C. This is trend Set D.
The progression of trend includes the progression of trend types. A->B->C->A->B->C->D->,... with the inclusion of the previous Failsafe and Extended Trends, C and D.
What cleans up the fanning is that the pt2 of price in the current Dominant traverse is expanding a new fractal channel by crossing over the prior opposing Dominant Channel's RTL. This creates the interlocking fractal parallelograms. At the point the New Dominant dominates, the fanning of the prior channel stops. Where this is evident is by matching the channel context with the increasing volume peaks of the corresponding channel color.
There is a matrix of trends. On one axis is complete and incomplete. The other axis is Failsafe and Routine. The intersection of these zones makes four quadrants.
The quadrant that is always processing in the background are the Failsafes. The Failsafe monitor rapid changes in sentiment that occurs with a sudden change in market activity.
The Bookmarks are placed to activate the Failsafes if the boundary gets trespassed. The two boundaries of consideration are the pt1 to pt3 of price as the RTL and a horizontal line at pt1. Pt3 are set generally by the troughs of volume but can also be on a increasing volatility bar.
An activated Failsafe starts the trend by assigning a P1 to volume regardless if it's actually a peak bar in volume. The bars then get assigned by the use of the VTP which logically processes the height of the volume bars into a specific pattern, much like a coin sorter would work but in this case it's with a finite set of p/v bar patterns that ever repeat in the OOE.
Starting with a BO bar, the bars the follow through on the continued move are the Dominant traverse of price expanding the larger fractal channel.
What must come next is the non-Dominant traverse and a return to Dominance for a completed trend.
m1->m2->m3 of price.
The C-turn to A-turn to B-turn.
Linking it the the interlocking opposite makes it C-A-B-C-A-B-C-A-B-C....
There are two cases on either extreme of this central trend. The interrupted on the one bound and the extended on the other. The interrupted are additional C-C turns. Rapid changes in sentiment by increasing volume in the opposite direction from the current one. The other are A-turns, a series of which is the non-dominant ranging of sentiment within an internal or an expanded series of bars defined as a lateral. Also known as market pauses with the accompanying dry up of volume. Next is a C-Turn as the second part of this two turn type matched pair. (A-C turns)
The other bound is the extended trend which are the A-B turns cycling within a larger trending channel. C-A-B-A-B-....C. This is trend Set D.
The progression of trend includes the progression of trend types. A->B->C->A->B->C->D->,... with the inclusion of the previous Failsafe and Extended Trends, C and D.
That's what I use, but also degap to reduce non-volume moves. Caveat: For proper trading across EOD bars one must also consider the gaps of course.
Who told you to degap daily bars?
DeGap intended to properly identify (Dominant/None Dominant) first leg on intraday chart.
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