Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Recommended Posts

Internal formations with increasing volume on second bar annotated.Ftp's and fbp's are annotated accordingly no matter what the second bar color.Sym's and eh's the annotation varies depending on color of second bar.hth

5aa711966ea98_symswithincvolume.thumb.PNG.4fa1873af589303eb6e719a204282b7b.PNG

5aa7119676761_ehswithincvolume.thumb.PNG.f9ef5855342c7f6c9524a6fa12cf9b6e.PNG

5aa71196d87cb_fbpwithincvolume.thumb.PNG.8f2ac5ccb74e963f662d0de630f0d13a.PNG

5aa71196e0b25_ftpswithincvolume.thumb.PNG.88be43a2ecdb39e7402de533da061299.PNG

Share this post


Link to post
Share on other sites

VE – Volatility Expansion(see attached) – ‘pushing out’ of the Left Trend Line refinement starts with the "zone" in this case the thicker trendline container's "zone"(see attached).Market needs a close on or beyond the ltl on the v.e. bar at bar close to be in the "zone"(see attached).hth

VE.jpg.fbdccbfe858a9023994af54b79da2a2c.jpg

5aa71196e96a1_VEZones.JPG.791a074b7e67da53e8d66589bba18ccd.JPG

5aa71196edffe_VEintheZONEexample.JPG.64c44ed77d3b8398360af6a1acb8b0b3.JPG

Edited by patrader

Share this post


Link to post
Share on other sites

Would it be possible that, in the attached chart from jbarnby, the thin line I marked with "A" is the fanned version of the thin line marked with "B"?

 

Thanks, and a Happy New Year to everyone!

Heisenberg

traverse1fan.thumb.png.7ba9c487e0a6d085a32a1c3d9c4dc4d7.png

Share this post


Link to post
Share on other sites
Would it be possible that, in the attached chart from jbarnby, the thin line I marked with "A" is the fanned version of the thin line marked with "B"?

 

Thanks, and a Happy New Year to everyone!

Heisenberg

 

I suggest you look at some of spyders charts. It looks like a different fractal

Edited by wilddog

Share this post


Link to post
Share on other sites
I suggest you look at some of spyders charts. It looks like a different fractal

 

Actually, Spyder never posted a fully annotated chart with only three fractals. Older charts from previous threads were annotated in a different fashion, and often contained much more than three fractals. Perhaps that's why he frequently encouraged folks to ONLY study this thread. :)

Share this post


Link to post
Share on other sites

Is the trend (fractal) complete yet, or is there more to come? How would you know? Some of the best advice Spyder personally gave to me was to spend more time studying the volume pane of my chart. The trendlines tell us where our points reside, but the volume tells us what we've built.

010213.thumb.png.e057bde285672d7f5f3d23ecbf3e3c2d.png

Share this post


Link to post
Share on other sites
Is the trend (fractal) complete yet, or is there more to come? How would you know? Some of the best advice Spyder personally gave to me was to spend more time studying the volume pane of my chart. The trendlines tell us where our points reside, but the volume tells us what we've built.

 

I'd say that the trend is not complete yet because we have a higher volume peak(volume increasing). First post of this thread: if Volume is increasing, then the Price Trend is continuing.

 

Heisenberg

Share this post


Link to post
Share on other sites
I'd say that the trend is not complete yet because we have a higher volume peak(volume increasing). First post of this thread: if Volume is increasing, then the Price Trend is continuing.

 

Heisenberg

 

Well hopefully you noted that the peak is around 1600 - nothing unusual there. But there are other ways of knowing. Sequences!

Share this post


Link to post
Share on other sites
Is the trend (fractal) complete yet, or is there more to come? How would you know? Some of the best advice Spyder personally gave to me was to spend more time studying the volume pane of my chart. The trendlines tell us where our points reside, but the volume tells us what we've built.

 

I have the benefit of todays price action.

However, when reading your post before today opened my thoughts were this:

 

1. Yes there is more to come.

2. Assuming your green trend lines are a Tape, then we require a further 2r2b (thin) due to the Tape Ve'ing at 15.55 ?

 

But that's from price rather than volume ?

 

Thx for helping out here on TL..

 

Kind regards

 

PS: did you mean to have a B2B on top of a B2B of the same gaussian thickness at the start of your posted chart from 15.30 ?

Edited by FilterTip

Share this post


Link to post
Share on other sites
Is the trend (fractal) complete yet, or is there more to come? How would you know? Some of the best advice Spyder personally gave to me was to spend more time studying the volume pane of my chart. The trendlines tell us where our points reside, but the volume tells us what we've built.

 

So if I read this correctly, this is what you do:

 

a. Draw the 3 containers

b. Draw the 3 corresponding gaussians

c. Now you can see from the volume pane what fractal you've built

 

Heisenberg

Share this post


Link to post
Share on other sites
So if I read this correctly, this is what you do:

 

a. Draw the 3 containers

b. Draw the 3 corresponding gaussians

c. Now you can see from the volume pane what fractal you've built

 

Heisenberg

 

Well, honestly it's quite a bit more involved than that, but i suppose that's a good place to start. There are many other considerations as well, and one must understand the concept of nesting the fractals too.

Share this post


Link to post
Share on other sites
Is the trend (fractal) complete yet, or is there more to come? How would you know? Some of the best advice Spyder personally gave to me was to spend more time studying the volume pane of my chart. The trendlines tell us where our points reside, but the volume tells us what we've built.
A slightly different view (green and purple RTLs and gaussians, orange laterals).

5aa7119916cfc_010213jbarnbyschart.png.c899795eff3e98c72fa21bca09270f8e.png

Share this post


Link to post
Share on other sites
Well, honestly it's quite a bit more involved than that, but i suppose that's a good place to start. There are many other considerations as well, and one must understand the concept of nesting the fractals too.

 

Yes I'm aware that it's not that simple, but can you start from that concept?

I'm not sure I correctly understand what the concept of nesting fractals is. Is it enough to say that, for example, a channel contains 3 traverses, and each traverse contains 3 tapes?

 

Sidenote: from what I see in your charts, there aren't always 3 tapes? Sometimes a single tape seems enough.

 

Heisenberg

Share this post


Link to post
Share on other sites
Yes I'm aware that it's not that simple, but can you start from that concept?

I'm not sure I correctly understand what the concept of nesting fractals is. Is it enough to say that, for example, a channel contains 3 traverses, and each traverse contains 3 tapes?

 

Sidenote: from what I see in your charts, there aren't always 3 tapes? Sometimes a single tape seems enough.

 

Heisenberg

 

There was good discussion in this thread in Oct 2010 about nesting. Additionally, pace can influence how a fractal is constructed, and what is observable vs what is not observable.

Share this post


Link to post
Share on other sites
Take a look at the attached Chart snip from today (08/04/2009) ...

 

What did the market form?

How do you know?

 

If you know neither answer ...

 

How many different ways can you annotate the chart snippet? Test to determine which of those ways represent the only correct method.

 

HTH.

 

- Spydertrader

 

attachment.php?attachmentid=12707&stc=1&d=1249433003

This is a nice annotation drill to check your fractal jumping propensity :)

Share this post


Link to post
Share on other sites
This is a nice annotation drill to check your fractal jumping propensity :)

 

Take a look at the attached Chart snip from today (08/04/2009) ...

 

What did the market form?

How do you know?

 

If you know neither answer ...

 

How many different ways can you annotate the chart snippet? Test to determine which of those ways represent the only correct method.

 

HTH.

 

- Spydertrader

 

attachment.php?attachmentid=12707&stc=1&d=1249433003

 

 

How, using this chart snippet would you, as you say, check your fractal jumping propensity ?

 

Spyder replied, at the time to Ezzy:

Originally Posted by Ezzy »

So it wasn't necessarily about the snippet (in a vacuum). It was the bigger picture, what came before it should have told us WMCN.

 

with:

 

That which developed before the snippet told you, in the most unambiguous way possible, what the snippet would be.

 

- Spydertrader

 

Thx

Edited by FilterTip

Share this post


Link to post
Share on other sites

jbarnby

re your post# 3708:

 

Is the trend (fractal) complete yet, or is there more to come? How would you know? Some of the best advice Spyder personally gave to me was to spend more time studying the volume pane of my chart. The trendlines tell us where our points reside, but the volume tells us what we've built.

 

As previously posted, would this be correct ?

 

 

1. Yes there is more to come.

2. Assuming your green trend lines are a Tape, then we require a further 2r2b (thin) due to the Tape Ve'ing at 15.55 ?

 

But that's from price rather than volume ?

 

Thx for helping out here on TL..

 

Kind regards

 

 

Many thx

Share this post


Link to post
Share on other sites
How, using this chart snippet would you, as you say, check your fractal jumping propensity ?

 

Spyder replied, at the time to Ezzy:

 

 

with:

 

 

 

Thx

By testing if one can correctly identify the exact bar that ends the medium line down container in real time, without having the benefit of seeing what followed.

One can correctly annotate the snippet (the medium line down container), without knowing what happened before it started. I believe that in his reply Spydertrater was saying that one can anticipate that the snippet won't accelerate down and its dominance by analyzing the context, and he didn't say that the snippet cannot be annotated without the benefit of more information than what he originally posted.

Share this post


Link to post
Share on other sites
Is it an up traverse like this?

 

Heisenberg

No it is a down traverse. Follow the link to Spydertrader's post for the discussion of the drill.

Share this post


Link to post
Share on other sites
Originally Posted by Heisenberg »

Is it an up traverse like this?

 

Heisenberg

 

No it is a down traverse. Follow the link to Spydertrader's post for the discussion of the drill.

 

Reading through the posts for that discussion:

 

ehorn thought it was a down Tape:

romanus thought it was a down Traverse:

cnms2 thought it was a down Channel:

 

Spyder infers (only by referring to what came before the posted chart)

that it was a down Tape. to the 15.35 bar, from which we get the last 2B up Tape

to complete an up Traverse.

 

I stand corrected if I've mis-understood those series of past posts.

 

Thx

 

PS: logic would suggest that one would need to have known how to correctly annotate the "thing" prior to the chart in question in order to have correctly annotated the chart in question etc..etc.. !

Edited by FilterTip

Share this post


Link to post
Share on other sites
Guest
This topic is now closed to further replies.

  • Topics

  • Posts

    • $FITB Fifth Third Bancorp stock bull flag breakout watch, https://stockconsultant.com/?FITB  
    • $HUBC Hub Cyber Security stock back to 1.01 triple support area with high trade quality, https://stockconsultant.com/?HUBC
    • Date: 2nd May 2024. Market News – Stocks mixed; Yen support still on; Eyes on NFP & Apple tonight. Economic Indicators & Central Banks:   As the Fed maintained a “high-for-longer” stance, stocks gave up their gains with attention turning back to earnings. Chair Powell and the Fed were not as hawkish as feared and the markets reacted immediately and in textbook fashion to the still dovish policy stance. The Fed flagged that recent disappointing inflation readings could make rate cuts a while in coming, but Fed chief Jerome Powell characterized the risk of more hikes as “unlikely,” giving some solace to markets. Stocks traded mixed across Asia, while in Europe, DAX and FTSE futures are finding buyers and US futures are also in demand, after the Fed’s message. Yen: Another suspected intervention by authorities, this time in late New York trading, ran into resistance from traders keen to keep selling the currency. Swiss CPI lifted to 1.4% y/y in April from 1.0% y/y in the previous month. Headline numbers are still at low levels and base effects play a role, with the different timing of Easter this year also likely to distort the picture. That said, the numbers may not question the SNB’s decision to cut rates, but they do not support another rate cut in June. Financial Markets Performance:   The USDIndex has corrected to 105.58, but USDJPY is already inching higher again, after a sharp drop to a low of 153.04 on Tuesday that sparked fresh intervention speculation. The pair is currently trading at 155.38. Treasury yields plunged and were down over double digits before profit taking set in. USOIL finished with a -3.6% loss to $79.00, the lowest since March 12. Currently it is as $79.53. Gold was up 1.4% to $2319.55 per ounce, reclaiming the $2300 level. Market Trends:   Wall Street climbed initially with gains of 1.4% on the NASDAQ, 1.2% on the Dow, and 0.96% on the S&P500. The NASDAQ and S&P500 closed with losses of -0.3%, while the Dow was 0.23% firmer. The Hang Seng rallied more than 2%, and the ASX also posting slight gains, while CSI 300 and Nikkei declined. Apple’s earnings report is due after the US market closes today, will give investors a better sense of how the iPhone maker is weathering a sales slump, due in part to a sluggish China market. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HFM Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi Market Analyst HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • $CHWY Chewy stock breakdown watch, https://stockconsultant.com/?CHWY
    • $PYXS Pyxis Oncology stock low volume pullback to 4.32 support area, high trade quality, https://stockconsultant.com/?PYXS
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.