[jbarnby]

Originally Posted by NYCMB »

Hi jbarnby

The analysis you did for "1st bar on Increasing Volume forming Dom-Lateral: and, 1st bar on Decreasing Volume forming Non-Dominant Lateral" is very helpful. It seems I don't complete understand your concep so far, especially OB for 1st bar involved. If it's not too mush for you, could you do the same kind of analysis for the seven Lateral Formations on july 10 ES chart? TIA

Well, I'm not sure I can be of much help as I'm also working to differentiate these laterals. Since Spyder did not comment on my post I assume I did not provide the correct answer...so I continue to work.

I know that there are two kinds of laterals, dominant and non-dominant. I believe that dominance is determined by how the lateral is formed, ie dominant bar or non-dominant bar. I also know that there is further differentiation required on the dominant side because some dominant laterals allow completion of the sequence within the lateral, whereas other dominant laterals require a BO or FBO. I've yet to find absolutely certainty as to how to differentiate the two types of dominant laterals, but I believe it may have something to do with the peak of the dominant bar. I've worked on these laterals for a long long time...but it has been a difficult and challenging process for me.

I've been working on this method for 2.5 yrs. Perhaps others who also have a considerable amount of time invested can chime in here with their ideas. I'm hopeful that through collaborative effort we can learn to see what the market is telling us.

John

[Spydertrader]

Originally Posted by NYCMB »

Do you have a better way to teach a slow person?

Focus on creating Gaussians across three trading fractals. In other words, pay close attention to Volume.

Originally Posted by Tams »

Can you describe "Stitch"?

These represent stitches ...



A Two Bar formation where Bar Two has increased Volatility compared to Bar One. In addition, the two bars have an equal high, or an equal low between them - but not both.

Originally Posted by Tams »

How does it fit into our analysis?

The answer here depends on context. However, by differentiating the various examples of stitch formations which develop on any market day, a trader can know the context provided by the market, and as a result, know the answer for each specific scenario.

- Spydertrader

[NYCMB]

Originally Posted by Spydertrader »

Focus on creating Gaussians across three trading fractals. In other words, pay close attention to Volume.

- Spydertrader

Hi Spydertrader
Thank you for advise me to focus on Gaussians for three trading fractals.

May I ask you for the following help?
a) Do I have orange Tape or orange Traverse? Please see the attached.
b) Could you kindly place Gaussians across three trading fractals for the attaehed chart?
TIA

[dkm]

Originally Posted by Spydertrader »

The market provided seven laterals today (7/10/2009)....

- Spydertrader

Using the definition that bars 2 and 3 must be inside bar 1 to form a lateral and that a lateral requires 2 closes outside of it to end the lateral, then I only see six laterals on the 10th July. I guess it could be data differences..........

I presume by "two groups" you mean continuation or change?

[dkm]

Originally Posted by Spydertrader »

We define Tapes, Traverses and Channels by each having certain characteristics which represent various geometric shapes. Unfortuantely, many people attempt to compare and contrast based on a visual derived from the Price Pane. Such a paradigm, quite frequently, creates opportunity for error. I recommend the lower portion of your chart in order to determine whether or not one has a Tape, Traverse or Channel.

- Spydertrader

An example or two would help a lot of people.

[Mr_black]

There is complete sequence for Up Channel so far....... today can be, a down trend day

[Mr_black]

Nice 6 point profit.....

[NYCMB]

Originally Posted by Spydertrader »

We define Tapes, Traverses and Channels by each having certain characteristics which represent various geometric shapes. Unfortuantely, many people attempt to compare and contrast based on a visual derived from the Price Pane. Such a paradigm, quite frequently, creates opportunity for error. I recommend the lower portion of your chart in order to determine whether or not one has a Tape, Traverse or Channel.

- Spydertrader

Examples which define Tapes, Traverses and Channels will be very helpful. TIA