Welcome to the Traders Laboratory Forums.
Technical Analysis The technical discussion forum for traders.

Like Tree72Likes

Reply
Old 07-28-2009, 02:52 PM   #249

Spydertrader's Avatar

Join Date: Feb 2009
Location: Northwest, Ohio
Posts: 391
Ignore this user

Thanks: 90
Thanked 1,044 Times in 263 Posts



Re: Pennants

Quote:
Originally Posted by Spydertrader »


What else might differentiate these three - from each other and from the rest of the market?
Quote:
Originally Posted by dkm »
This is too vague.
Sesame Street teaches young children how to look for differences in things by using muppets and singing songs.


Quote:
Originally Posted by dkm »
Since "context" has never been defined, this is also too vague.
An online dictionary defines context as ...

"the set of circumstances or facts that surround a particular event, situation, etc."

Applying this definition, we can understand hearing someone yell, "Fire!" - while observing an execution by firing squad provides a far different meaning than hearing someone yell, "Fire!" while sitting in a crowded movie theater.

In the latter, the word 'fire' represents a 'noun' (i.e. "Something is burning"). In the former, the word 'fire' represents a 'verb' (i.e. "Pull the trigger and shoot the guy").

Context (the location or circumstances which surround the event) alters the meaning of the word.

Certainly, everyone can think of circumstances (or events) whereby the context in which the trader views Price and Volume (Monitor) alters the meaning (analysis) of what the market has signalled.

HTH.

- Spydertrader
Spydertrader is offline  
Reply With Quote
The Following User Says Thank You to Spydertrader For This Useful Post:
sscott (07-29-2009)
Old 07-28-2009, 04:29 PM   #250
dkm

Join Date: Jul 2009
Location: right here
Posts: 69
Ignore this user

Thanks: 32
Thanked 60 Times in 27 Posts



Re: Pennants

Quote:
Originally Posted by Spydertrader »
Sesame Street teaches young children how to look for differences in things by using muppets and singing songs.
- Spydertrader
An amusing analogy but not entirely correct. Sesame Street actually points out the correct answer. To set tasks and never give an explanation is no way to achieve transference.
dkm is offline  
Reply With Quote
The Following User Says Thank You to dkm For This Useful Post:
thalestrader (07-28-2009)
Old 07-28-2009, 06:34 PM   #251

Spydertrader's Avatar

Join Date: Feb 2009
Location: Northwest, Ohio
Posts: 391
Ignore this user

Thanks: 90
Thanked 1,044 Times in 263 Posts



Re: Pennants

Quote:
Originally Posted by dkm »
Sesame Street actually points out the correct answer.
In the exact same fashion as Sesame street, the market provides all answers required of the trader. One simply needs to go and look.

Quote:
Originally Posted by dkm »
To set tasks and never give an explanation is no way to achieve transference.
I have designed the tasks / drills in such a way as to provide for everyone the initial steps toward differentiation - to learn how to see the differences between that which people believe they see from that which actually exists. I have not designed the tasks as a 'quiz' for receiving grades.

Some have found this process (of learning differentiation) extremely helpful. A few have experienced a lightening strike as a result.

Transference results from a fully differentiated mind. In other words, people don't need me to provide answers for them, nor do they need another thread full of posts. They only need the market and their own brain.

As such, already have you that which you need.

- Spydertrader
Spydertrader is offline  
Reply With Quote
The Following User Says Thank You to Spydertrader For This Useful Post:
sscott (07-29-2009)
Old 07-28-2009, 07:36 PM   #252

Join Date: Jul 2009
Location: .
Posts: 222
Ignore this user

Thanks: 0
Thanked 303 Times in 146 Posts



Re: The Price / Volume Relationship

I guess ... a useful discussion would be to compare contexts: like 1335 and 1550 laterals, or 1120 and 1210 outside bars, or 1140 and 1525 spikes, etc.. Coming with clear examples, clearly explaining your thought process and conclusions, then asking for comments, would get everybody much more from this thread.
cnms2 is offline  
Reply With Quote
The Following 2 Users Say Thank You to cnms2 For This Useful Post:
amisme (03-08-2011), padrotshik (08-04-2009)
Old 07-28-2009, 07:50 PM   #253

Join Date: Oct 2007
Location: Calgary
Posts: 63
Ignore this user

Thanks: 1
Thanked 12 Times in 6 Posts



Re: The Price / Volume Relationship

Quote:
Originally Posted by cnms2 »
I guess ... a useful discussion would be to compare contexts: like 1335 and 1550 laterals, or 1120 and 1210 outside bars, or 1140 and 1525 spikes, etc.. Coming with clear examples, clearly explaining your thought process and conclusions, then asking for comments, would get everybody much more from this thread.
That's a great idea cnms2. IMO, one of the most important providers of context is the position of price in respect of the fractal on which the trader is trading, i.e., where am I in so far as points 1, 2, and 3 are concerned. If you know 'where' you are, then you know what must come next. If you don't know 'where' you are, then your ability to appreciate the correct context of a particular construct/situation will be zero. As we all know, this sort of confusion can be exquisitely frustrating. On the other hand when you 'know' WMCN, the battle while far from being won, is considerably more in your favour.

Bottom line, IMO. You MUST know WMCN or forget about context.

lj
ljyoung is offline  
Reply With Quote
Old 07-28-2009, 08:05 PM   #254
rs5

Join Date: Feb 2009
Location: USA
Posts: 297
Ignore this user

Thanks: 606
Thanked 405 Times in 180 Posts



Re: The Price / Volume Relationship

28 July 2009 - Spydertrader, please comment on the gausian lines, are these the correct interpretation?
Attached Thumbnails
The Price / Volume Relationship-es-09jul28-1.jpg  
rs5 is offline  
Reply With Quote
Old 07-28-2009, 08:11 PM   #255
rs5

Join Date: Feb 2009
Location: USA
Posts: 297
Ignore this user

Thanks: 606
Thanked 405 Times in 180 Posts



Re: The Price / Volume Relationship

Quote:
Originally Posted by Spydertrader »
See Attached.



- Spydertrader
Thank you. It looks like all formations that stalls the flow is a flaw. Is that correct?
rs5 is offline  
Reply With Quote
Old 07-28-2009, 08:14 PM   #256

Join Date: Jul 2009
Location: .
Posts: 222
Ignore this user

Thanks: 0
Thanked 303 Times in 146 Posts



Re: The Price / Volume Relationship

Quote:
Originally Posted by rs5 »
28 July 2009 - Spydertrader, please comment on the gausian lines, are these the correct interpretation?
Let me remind you about the fractal structure of the market. With the gaussians you've drawn, can you build the next level of gaussians using only r2r2b2r and b2b2r2b sequences? If not, you've probably jumped fractals. Also, where does the through of the r2r or b2b happen?
cnms2 is offline  
Reply With Quote

Reply

Tags
channels, gaussian, pice volume relationship, trend lines, volume sequences

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes


Similar Threads
Thread Thread Starter Forum Replies Last Post
Volume and Price Setups Soultrader Technical Analysis 7 02-01-2012 11:52 AM
Basic Economic Theory Model to Explain the Volume and Price Relationship zkreso Technical Analysis 4 07-12-2009 11:14 AM
Can Price Move Without Volume? gabroo_munda Beginners Forum 25 06-28-2009 09:40 PM
Charts with Volume by Price bertg Beginners Forum 28 03-31-2009 10:58 PM
[Volume Analysis at Key Price Levels] Soultrader Trading Videos 4 03-12-2007 05:38 PM

All times are GMT -4. The time now is 03:44 AM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
CS to VB integration by DeskLancer
©2006-2011 Traders Laboratory, All Rights Reserved.