[dkm]

Originally Posted by Spydertrader »

We begin the process of learning to annotate tapes (skinny lines) onto a chart simply by applying the template shown in the 'ten tapes' attachment posted earlier in the thread.

- Spydertrader

For clarification, there appear to be discrepancies in your example tapes compared with the template posted earlier:

tape to bar 6: the template (F) shows a horizontal dotted red line to an FBP
tape to bar 7: bar 7 is an outside bar and the template (D) shows diverging lines
tape to bar 12: bar 12 is sym pennant and the template (G)shows converging lines

Applying the template as provided gives tapes as shown on the attached clip. Could you please explain why you drew tapes that are different to as shown on the template.

Thanks.

[dkm]

Tapes for the whole day

[Spydertrader]

Originally Posted by dkm »

tape to bar 6: the template (F) shows a horizontal dotted red line to an FBP.

The Horizontal Line represents a boundary which the market needs to break in order to create the RTL, rather than, representing an RTL or LTL.

Originally Posted by dkm »

tape to bar 7: bar 7 is an outside bar and the template (D) shows diverging lines.

See Attached.

Originally Posted by dkm »

tape to bar 12: bar 12 is sym pennant and the template (G)shows converging lines.

I simply neglected to add the Bar 12 Annotations. Thanks for pointing it out.

HTH.

- Spydertrader

[dkm]

How do you handle these variations of E and F?

[Spydertrader]

Originally Posted by dkm »

How do you handle these variations of E and F?

See Attached.

[FJK]

This is an example of a trade using Spydertraders "multi-fractal" sequences. It is from today (I covered at 1551 EST). Notice that a faster up-trend has to complete before the slower down trend can continue.

I covered with 2pts. profit due to the time of day which can be - as you all know - rather noisy. My reason for covering has nothing to do with what Spydertrader has posted earlier.

[rs5]

7 July 2009 - monitor and notate

[NYCMB]

Hi Spydertrader

I have questions regarding 2-bar tape:

a) Bar 7 is OB on IRV; and, you have Green 2-bar up tape starting on Bar 6. Is is because Bar 7 close back inside Bar 6?

b) Bar 6 is the 2nd bar of FBP; and, you have Brown 2-bar down tape starting on Bar 5. Did you draw the Brown down tape after Bar 6 close? Or, you did not draw the Brown tape till Bar 7 close which offer lower low bar end? TIA