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colossians

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Posts posted by colossians


  1. Hi guys, fellow PVT/SCT trader, class of 2003. I see that all of you are working hard on learning to read the markets, stay with it. I only read to about page 50, I hope that all of you have gone on to realize the significance of knowing about laterals. Stay with it!

     

    Best Regards,

    Oddi

     

    TQVM for the encouragement. Laterals are extended single bars as far as I can understand. Is there any other way to look at it and also how to annotate it ?


  2. quote=ehorn;97125]My view of the day... PFC has DOM lat looking for PT2 of accelerated traverse

     

    ehorn, thanks for posting. When I study your chart again, it appears that you hvaave 3 gaussians for 3 nested fractals. What is interesting is that not all the lowest fractals gaussians are drawn but only some. So the way I am reading it, the pattern must complete on a particular fractal or what Spyder referred to as equal footing. And if the subsequent gaussians are otherwise, then a sub fractal may be showing up maybe due to lower volumes. In that case, then we need to complete the subfractal PVT to arrive back at the particular fractal move e.g. 1:55pm to 2:40 pm pt 2 to pt 3 move.

     

    Am I reading it right this time? If so, then the term fractal jumping is what it is, isn't it ? Which also goes to explain why I get to conflicting B2B followed immediately by R2R moves which is not logical.

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