[Spydertrader]

Originally Posted by dkm »

I only see six laterals on the 10th July.

Originally Posted by dkm »

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

As a set, the seven laterals each fit into one of two subsets. How one chooses to define these subsets enables the trader to determine, in real time, what context the market has provided. However, we do not define these subsets by what happens after a lateral has ended.

- Spydertrader

[dkm]

Originally Posted by Spydertrader »

However, we do not define these subsets by what happens after a lateral has ended.

- Spydertrader

So how do we define them then? Dominant and non-dominant?

[Spydertrader]

Originally Posted by NYCMB »

Do I have orange Tape or orange Traverse?

You already know the answer. Should you not believe that you actually do know the answer, simply apply the exact same construct used for your orange lines onto another area of the same chart or another chart from a different day.

If you believe you have a certain thing, and after applying the same construct onto another day it appears as if your original idea doesn't work, then perhaps you need to apply a different construct. If things do work as expected, then the market has provided the answer you seek - as it always does.

Originally Posted by NYCMB »

Could you kindly place Gaussians across three trading fractals for the attached chart?

I've done this many, many, many times in the past. The fact that questions still exist in this area tells me that having me draw lines fails to transfer the importance of process to those with an interest in learning.

Therefore, this time around, I plan to create an environment where the answers come from the market itself, rather than, from me. In such a fashion, the individual learns the process involved with learning how to learn.

Everyone must learn to differentiate that which actually exists, from that which, they believe exists.

- Spydertrader

[Spydertrader]

Originally Posted by dkm »

So how do we define them then? Dominant and non-dominant?

You may define them (to start) in any way you choose. It doesn't matter if you stumble onto the correct answer the first time through, or even if your definition represents some wacked out theory straight out of left field. The whole point is to begin a process of learning to narrow down the possibilities until you arrive at the only possible answer - which just happens to be the correct answer.

For example, let's assume someone decided to define the two groups of Laterals by using Bar 1 'color' (Bar 1 as 'Up' or 'Down' based on the color of the Price Bar). Easily, one could place all seven laterals into one of two groups - using such a defintion. However (as we all know), the Price / Volume Relationship operates with respect to a neutral bias, and as as result, 'Up' or 'Down' does not represent a correct orientation.

So, the trader learns 'Up' / 'Down' doesn't 'work' with resepct to differentiation, and a such, also learns the market requires another (more accurate) defintion.

You've chosen to define the Laterals as either dominant or non-dominant.

All that now remains is for you to check with the market in an effort to see whether or not such defintiions accurately represent all seven laterals on this specific day, as well as, on any other day.

HTH.

- Spydertrader

[dkm]

Originally Posted by Spydertrader »

Everyone must learn to differentiate that which actually exists, from that which, they believe exists.

- Spydertrader

It doesn't matter how many times you post this statement. Unless you are going to explain what you mean, and answer the questions directly to those who are taking the time to post, this thread is going to go the same way that the journals did on ET. Nowhere.

[thalestrader]

Originally Posted by jbarnby »

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.

That is quite a long time to spend learning a trading method only to feel that you still have not yet mastered it. Have you considered a time "stop loss" after which you would, in spite of the considerable effort and time you have invested in the approach, cut your losses and move on to examine a different approach to determining "what the market is telling us"? I doubt that it is your understanding that is flawed, as from your posts you strike me as an intelligent fellow. At any rate, I wish you my best.

Best Wishes,

Thales

[Soultrader]

Moderated Message:

Please keep things on topic, clean, and professional. Thank you.

[Spydertrader]

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