[Spydertrader]

Originally Posted by gucci »

Would you please take the peculiarities of this specific "tape" apart if this indeed is one?

One begins with the knowledge that all markets exist on a fractal basis. By understanding the correct definition (here is another for those with a more visual orientation) of the word 'fractal' (and applying said understanding onto the market itself) one can then understand how no anomalies, exceptions or peculiarities can exist - ever.

- Spydertrader

[romanus]

Originally Posted by PointOne »

Really? Are Point 2s always FTTs of something?

One can go no further then post #4 of this thread : http://www.traderslaboratory.com/for...html#post70030 and simply look at the picture attached there. For convinience I am posting the picture again.

[gucci]

Originally Posted by romanus »

It's not an implication, it's a reality - the basic market tenet.

Sorry for the lines at the first tape (on the atmost left part of the attachment) they are not quite parallel, but still helpful to demonstrate what I mean. I couldn't see an FTT there but IBGS?

[innersky]

Originally Posted by dkm »

Ah, the old "fractal" problem. So far, we have been told that our "fractals" are tapes, traverses or channels. My understanding is that each "fractal" has its own "volume sequence" and that the "gaussians must match the tapes".I came unstuck when I was reliably informed that the period from 11:05 to 13:05 on the attached chart was "just a tape".....

So are you saying that anything below a traverse is by definition a tape?

--
innersky

[romanus]

Originally Posted by gucci »

Sorry for the lines at the first tape (on the atmost left part of the attachment) they are not quite parallel, but still helpful to demonstrate what I mean. I couldn't see an FTT there but IBGS?

Please note the skinny olive and teal trendlines in the attached.

[dkm]

Originally Posted by Spydertrader »

Now, let's look at the exact question posted by Neoxx ...

Anything jump out at you in particular? If so, what might one conclude?
- Spydertrader

Originally Posted by Spydertrader »

Everything is not always what it appears to be (at first glance).

I encourage everyone to look at what appear to be "legitimate alternatives" in this case, and by doing so, test said conclusions against known circumstances in an effort to determine whether or not the statement represents a valid conclusion.

- Spydertrader

[jbarnby]

Originally Posted by Spydertrader »

Anything jump out at you in particular? If so, what might one conclude?

What I notice is ONE cycle of R2R before we have increasing non-dominant (black) volume, then a return to increasing red. Because we had just one R2R volume cycle I would conclude that we did not drop to a lower fractal?

[Spydertrader]

Originally Posted by dkm »

Originally Posted by Neoxx »

If the price pane were blanked out in this example, should we still know we have a traverse rather than a tape?

Neoxx used the phrase "in this example" in his question. You didn't notice the highlighted orange section within the portion of his post I quoted? Since Neoxx chose to discuss this example instead of all examples, he has provided boundaries for his question.

Your post applied my answer (to his question) outside those boundaries. In other words, my answer does not apply to all examples - only this one.

Originally Posted by dkm »

Originally Posted by dkm »

With no reference to price, the attached examples would seem legitimate alternatives.

Originally Posted by Spydertrader »

Everything is not always what it appears to be (at first glance).

I encourage everyone to look at what appear to be "legitimate alternatives" in this case, and by doing so, test said conclusions against known circumstances in an effort to determine whether or not the statement represents a valid conclusion.

You arrived at a specific conclusion. That being, the attachments you posted represent "legitimate alternatives" to what I have stated. I encourage everyone to compare these "legitimate alternatives" against known areas of the market where one knows what the market has provided. In other words, one needs to compare and contrast the "legitimate alternatives" against an area of the market where the same thing occurs and determine if the conclusion of "legitimate alternatives" represents a valid viewpoint or wishful thinking.

- Spydertrader