[rs5]

Monday 21 December 2009

[cnms2]

Originally Posted by ramora »

Hi Everyone,

We have had some slow markets in the past few weeks. Does anything change in your approach to annotation as the market volume slows?

I could make a case for changing the time frame for both ES and YM and using longer timed bars. Or drop down to faster bars. Is one change better than the other; or is annotation always the same regardless of the market movement?

Thanks in advance for any comments.
ramora

I believe it's best to stick to the method as it was introduced by spydertrader. You could obviously trade any other time frame, but the settings he introduced seem to be the optimum.

Check this too:

Originally Posted by Spydertrader »

I have the ability to determine continuation or change on any fractal annotated on my chart. I can trade using course level tools only (meaning just a 5 minute ES Chart), or I can bring 'finer level' tools into the equation (YM, Str - Squ, DOM and Tic Charts). I can 'jump' fractals, or choose not to do so maintaining fractal integrity across an entire day and / or multiple days, weeks, months or years.
...
I have [...] chosen to provide all the information ever required (contained within this very thread), so an individual who chooses to work purposefully, can, under their own power, learn to do that which I 'claim' can be done.
...

[SK0]

Originally Posted by MKTr »

SK0,

Thanks for the feedback. Yes, I messed up the phase of the price/volume sine waves. I fixed that. I stand by the faster fractal under B2B. Keep in mind it is just an example. I am sure there areas for improvement that remain.

Here is the corrected presentation. Please disregard the previous. The original .png sample drawing reamins good. (as good as I can produce)

MK

The attached chart shows my view of the faster fractal's gaussian moves during the channel overlap of a slower fractal which puzzled me for a long time.

Comments?

[TIKITRADER]

I think what MKTr has done is shown '4 volume moves and 3 price moves' for the fractal in that example. Step up a fractal in that same section, and you have one price move and 2 volume moves in his same example. Looks perfect on all fractals.

[SK0]

Originally Posted by TIKITRADER »

....
Step up a fractal in that same section, and you have one price move and 2 volume moves in his same example...

I cannot follow what you mean here. Could you expand? Thanks.

[MKTr]

SK0,

It is my understanding that a L2 B2B consists of a single L1 b2b2r2b. Think of the B2B as a single leg not two.

MK

[cnms2]

Three fractals. Look for overlap.

[Spydertrader]

As a follow up to our Las Vegas Meeting, I will (from time to time) post a drill (or a chart section) chosen specificaly for its ability to illuminate the current environment.

Attached, please find a Differentiation Drill which focuses on Lateral Formations. At first glance, many will see these three examples (highlighted in blue) as exactly the same and without difference. Feel free to work within this thread, offline, in small groups, in large groups or all by your lonesome - whatever way you feel best suites your needs.

1. Do not overcomplicate.

2. Do not overcomplicate.

3. Do not overcomplicate.

4. Locate the subtle (or not so subtle) differences.

5. Determine what (if any) information the market provides based on these differences.

6. Note what the market provided next.

7. In the future, when 'seeing' a repeat of one of these examples, compare the outcome.

8. Note what (if anything) you learned from the process.

9. Wash. Rinse. Repeat.

10. Do not overcomplicate.

The above drill focuses only those Lateral Formations Highlighted in Blue. Done properly, this drill will point out a few items many have overlooked.

Good Trading to you all.

- Spydertrader