Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

rs5

Members
  • Content Count

    299
  • Joined

  • Last visited

Everything posted by rs5

  1. Thank you for your post. After reading your comment on the volume panel of your chart, I realized that I have not seen this r2r b2b combination animal on my charts in a while (while they seem to pop up all over the place in the past). What is different now? As you see from my Thursday's chart I too was looking for a down sequence to follow next. Volume from start of Friday to 10:10est went from decreasing red volume to increasing red volume, appearing to be a r2r. Then as you mentioned by 10:35est market marked a higher high. Thus the market was telling me that I was not in a down sequence, thus what I thought I saw earlier was not a r2r. So what can it be? To me it meant that what I had annotated as the end of the up sequence on Thursday was not correct. The up sequence is continuing. So I scroll back and look to see how this new information might change what I had annotated earlier. And look to see how this new information fits into the picture. What must come next now with this new information? Those are the steps I take. I hope this is helpful to you Happy MADA!
  2. Thank you so much Spydertrader! I have removed all lateral notations leaving only the Sym laterals conforming with the lateral drill here. Sym lateral 2 (on 2/23) is in the B2B segment of the up container and exits in the B2B segment continuing the dominant move. Sym lateral 1 (on 2/24) is in the 2R segment of the up container and exits into 2B segment, continuing the dominant move. The Sym laterals appear to exit in the dominant side of the sequence of the larger container being formed. I will need to test this to see if it occurs in all the other instances.
  3. My current coding for laterals: Fushsia = SYM Lateral per Lateral Drill Cornflower = all other sym laterals Chartreuse = all ftp laterals Yellow = all fbp laterals Focus is on the Sym Laterals per Drill. The others are there for decoration at the moment.
  4. Thank you so much for your feedback! Actually I have the present up container from 13:05CST yesterday (14:05EST). And yes that mystery first bar - I have been starting the first bar at 8:25 so I could be "warned" regarding the position where the actual first bar of the day starts (before gap removal tool) - Thank you for noticing And thank you for the reminder that it needs to be taken into consideration now with the remove gap tool. Here is a view without that warning bar. I have shown vertical blue line at today's first bar. Edit: Also with revised Sym Lateral annotation.
  5. LOL ptunic. I enjoyed reading your post with the analogy to chess and bicycle riding. But how did my name get in there??? Please know that I am still LEARNING! And as you can see in my charts, often confused! The proof of the pudding will come when I can translate charts to points on a consistent basis
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.