Dan, I just clicked on the first link and it comes up with the password window. I leave the password window blank, just click ok, and it takes me to the page with the download items.
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Spydertrader's Jack Hershey Futures Trading Journal
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Dan, I just clicked on the first link and it comes up with the password window. I leave the password window blank, just click ok, and it takes me to the page with the download items.
WW,Quote from wwight:
Spyder
I have read and reread your Chat June 20, discussion on FTT=Change and what to expect if indeed it is change or is it a fault and Continuation.
I have now had several days to put this into practice and have found that discussion to be hugely beneficial.
I wonder if you could do the same type of thing for a FBO. I am just as confused about the point 3's and FBO's as I was about the FTT. I know it would be most helpful.
Thanks
WW
I'm not Spyder but I'll take a stab at this...
For example, say price has either bounced off a LTL or formed a FTT in the traverse of an "operating" channel. And volume has also just made a Gaussian peak recently.
You anticipate seeing decreasing non-dominant colored volume take price back to the channel RTL. As price approaches the RTL, you anticipate seeing increasing dominant-colored volume to start another traverse and FBO. Or, you could see increasing non-dominant volume (B2B or R2R) to BO the RTL and confirm the trend change. Or, you could see decreasing dominant-colored volume that has you thinking lateral. In this case, a BO should result in "fanning" a new point 3 and invalidates the current channel.
Maybe someone else can verify...
FWIW,
spooz
Thanks spooz,
Does it work similar to an FTT? For example, in an up traverse of a down Channel, increasing black would mean the non-dominant traverse has become the dominant traverse, or is increasing black only significant upon breakout. Conversely, so long as red and black vol is decreasing or red is increasing the origional trend remains in tact, even if we must fan the down channel. So when price approaches the rtl of a down channel, and we enter on increasing red prv, str/squ or a dom wall, increasing black would be our primary concern.
WW
WW,
I'm not Spyder but I'll take a stab at this...
For example, say price has either bounced off a LTL or formed a FTT in the traverse of an "operating" channel. And volume has also just made a Gaussian peak recently.
You anticipate seeing decreasing non-dominant colored volume take price back to the channel RTL. As price approaches the RTL, you anticipate seeing increasing dominant-colored volume to start another traverse and FBO. Or, you could see increasing non-dominant volume (B2B or R2R) to BO the RTL and confirm the trend change. Or, you could see decreasing dominant-colored volume that has you thinking lateral. In this case, a BO should result in "fanning" a new point 3 and invalidates the current channel.
Maybe someone else can verify...
FWIW,
spooz
Does it work similar to an FTT? For example, in an up traverse of a down Channel, increasing black would mean the non-dominant traverse has become the dominant traverse, or is increasing black only significant upon breakout. Conversely, so long as red and black vol is decreasing or red is increasing the origional trend remains in tact, even if we must fan the down channel. So when price approaches the rtl of a down channel, and we enter on increasing red prv, str/squ or a dom wall, increasing black would be our primary concern.
WW
WW,
I'm not Spyder but I'll take a stab at this...
For example, say price has either bounced off a LTL or formed a FTT in the traverse of an "operating" channel. And volume has also just made a Gaussian peak recently.
You anticipate seeing decreasing non-dominant colored volume take price back to the channel RTL. As price approaches the RTL, you anticipate seeing increasing dominant-colored volume to start another traverse and FBO. Or, you could see increasing non-dominant volume (B2B or R2R) to BO the RTL and confirm the trend change. Or, you could see decreasing dominant-colored volume that has you thinking lateral. In this case, a BO should result in "fanning" a new point 3 and invalidates the current channel.
Maybe someone else can verify...
FWIW,
spooz
WW,Quote from wwight:
Thanks spooz,
Does it work similar to an FTT? For example, in an up traverse of a down Channel, increasing black would mean the non-dominant traverse has become the dominant traverse, or is increasing black only significant upon breakout. Conversely, so long as red and black vol is decreasing or red is increasing the origional trend remains in tact, even if we must fan the down channel. So when price approaches the rtl of a down channel, and we enter on increasing red prv, str/squ or a dom wall, increasing black would be our primary concern.
Attached is a snippet to go with my last post. Note the FBO, FTT, and BO along with the Gaussians. Ask "what do I need next for continuation/change?" at these "theoretical" Action Points. I just realized I didn't include the decreasing Black (price) sequence in the snippet, sorry.
You may want to check out Pr0crast's Gaussian video along with Gaussian/PV posts earlier in the year.
Hope this helps,
spooz
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