[walterw]

On this thread I will talk about the "5 min Laddering" trade...

On this previous posts http://www.traderslaboratory.com/for...en-2440-9.html I already presented some basic concepts of this trade with charts and videos... I would say this are the smaller universe "vmar icons" because the icon concept still is in there and here we start to integrate one great concept vma has wich is laddering...

Now positive laddering from a small time frame doesnt have so much significance as positive laddering on a higher time frame, for example the positive laddering of a 5 min chart is much more significant than 1 min...

and as I like to find my trade arguments on a more robust timeframe like 5 min... then positive laddering on 5 min really is our shot here...

How does possitive laddering on a 5 min chart look like ?




simple, you have an "Horizontal Effect" (HE) going on, when he ends and the black lines starts to continue on the same original direction, thats a "positive laddering"...

notice I am using fantailvma1 on 5 min.... gotta take coffe... continue on next post... cheers Walter

[walterw]

Now this laddering talks about a strong intention in the market... after a clean pause ( actually the pause is erratic and noisy, but vma HE is clean).. we have this continuation going on...

NOW here comes again my "ICON"... but this time more smaller... because they are actually inside the "positive laddering"...



you see thats how we can get into the most competitive spots... thats what icons are all about...

Icons give you the chance of getting inside the most competitive spots on this trades :



now, how do we get this spots clearly determined ?.... well thats posible on a smaller time frame... in this case it will be 1 min... thats where we can identify pullbacks and timing entries... thats where the new modern fantailvma3 can make a clean job showing us this price action... cheers Walter.

[walterw]

Now for this trade... you basicly have this secuence of events :

_ Horizontal effect on 5 min

_ Black line starts to take off on 5 min "laddering"


then :

_ We have a pullback (defined on 1 min)

_ We have a Timing Entry signal (defined on 1 min)

so far I explained HE and take off laddering on 5 min...

This video deals with this two first events...

next we talk about pullback and timing entry on 1 min chart... cheers Walter.

[Reaver]

Nice! (Borat voice)

Seriously though great info, chimp.

[walterw]

Originally Posted by Reaver »

Nice! (Borat voice)

Seriously though great info, chimp.

Thanks Reaver ¡¡.... its taking shape... cheers Walter.

[Reaver]

You're quite an asset to the forums man.

[walterw]

Here on this post http://www.traderslaboratory.com/for...n-2440-11.html I explain some new timing definitions using the fantailvma3 template on a 1 min chart...

This is how a chart looks like :






as I explained on that post this yellow line gets inside or outside the rainbow giving us some clear timing definitions... On that thread we still are dealing with possible timing optimizations... so this timings are still not definitive... any way the overall concept of this "5 min laddering" trade is already taking shape...

Now let me show you how pullback and timing definition of the icon pattern is identified thru the 1 min chart without much dificulty thanks to the fantailvma3 template...



you could take this trade on the 1 min more confident as you know a laddering is going on at the 5 min chart... cheers Walter.

[walterw]

Originally Posted by Reaver »

You're quite an asset to the forums man.

Thanks Reaver... I like to help other people as I also receive a lot from my dear God and other great people that helped me a lot on this journey... I expect others can find this same blessings I did find and then share it with others... that will be my greatest achievment.... cheers Walter.