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

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.

 

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

 

See Attached.

 

attachment.php?attachmentid=11983&stc=1&d=1246977406

 

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

answer.jpg.b74cce88afa71e4916445fc429a33f06.jpg

Share this post


Link to post
Share on other sites

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.

example.thumb.jpg.22316f2c43378620c3a98fd45ec23ddc.jpg

Share this post


Link to post
Share on other sites

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

5aa70ef9b2ed0_OBFBP.GIF.22fff225a07fb83dccb4ed2a9bb93ecf.GIF

Share this post


Link to post
Share on other sites

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?

 

You'll kindly note that none of the ten examples contain an 'open' nor do any of the examples contain a 'close.' The examples show how to anotate an RTL based off an Outside Bar. Note the divergent trend lines. These are LTL's. But they still need an RTL for each. Now note the green RTL.

 

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

 

Bar Seven Close..

 

+++++++++

 

Remember, the goal of this exercise is to 'get the feel' for drawing tapes - bar by bar - so you can know how to annotate any two or three bar combination. Once you learn this skill, you'll move onto combining 'tapes' in order to see the fast trends as they build the next fractal - the traverse.

 

For now, simply apply the template (tentapes attachment) onto your charts - anywhere you can draw a tape. In the very near future, you'll apply the fractal nature of the market onto your chart while developing the ability to see all three fractals in an effort to consistantly apply the trend line drawing rules onto every trading fractal in the exact same fashion.

 

- Spydertrader

 

P.S. Everyone should read that last sentence again and again to see if it applies. ;)

Share this post


Link to post
Share on other sites
In your chart with tapes, shouldn't the bar marked with red arrow be part of the down tape since that bar in question and the bar before it forms a down tape.

 

The 'red arrow' bar is part of the down tape, but it also creates the first bar in the next UP tape. All trends over lap, and they do so on every fractal. They overlap at Point One.

 

- Spydertrader

Share this post


Link to post
Share on other sites
Nice Automation, but you might want to review your code for 'Lateral Formations.' See Attached.

 

- Spydertrader

 

Thank you so much! This is the feed back I was looking for. Hopefully it will all be "automated" some day. For now it is look, draw, erase, redraw, search, compare.... In this exercise, should all "long" and "short" tapes between 2 bars be shown?

Share this post


Link to post
Share on other sites
In this exercise, should all "long" and "short" tapes between 2 bars be shown?

 

For now, annotate every tape you can on your chart. Then, begin to 'merge' the various tapes together into a trend.

 

- Spydertrader

Share this post


Link to post
Share on other sites

Why is the 2nd one not a lateral? Are there paramaters to use as a guide to know what a valid lateral is and if one can end before price exits it. Currently if it's not the first 2-3 move of a traverse clarity of laterals is way slow.

 

 

Nice Automation, but you might want to review your code for 'Lateral Formations.' See Attached.

 

- Spydertrader

 

 

 

attachment.php?attachmentid=12012&stc=1&d=1247016691

Share this post


Link to post
Share on other sites

Why is the 2nd one not a lateral?

 

All lateral formations develop out of a three bar Series. Bars Two and Three sit 'inside' Bar One where the Highs of Bars Two and Three sit no higher than the High of Bar One and the Lows fall no further than the Low of Bar One. The 'second' example shows Bar Three with a Higher High than Bar One of the three bar series. As Such the second example cannot form a 'Lateral Formation.'

 

Are there paramaters to use as a guide to know what a valid lateral is and if one can end before price exits it.

 

attachment.php?attachmentid=12022&stc=1&d=1247068522

 

Currently if it's not the first 2-3 move of a traverse clarity of laterals is way slow.

 

After completing the 'tape drawing' drill, and after one begins to 'merge' the individual 'two bar' tapes into longer trends which continue the current 'tape fractal,' stop annotating 'tapes' within Lateral Formations. Begin to note the significant shift in Pace which develops inside every Lateral Formation. Note as well the changes which develop as Price moves from inside a Lateral Formation to an area where the Lateral Formation ends.

 

The market provided a very nice example today (starting with the ES 11:25 [close of] Bar).

 

- Spydertrader

latexample.jpg.089d511e6a3ad1a8bb51da3d32343cfc.jpg

Share this post


Link to post
Share on other sites
Volume leads Price. Always. And without exception

 

....Lastly, the market speaks on every single bar delivering its signals to the trader in a timely fashion – and well in advance of the next trend. It turns out; one need not know how long a particular trend will last. One only need know the signals for when a particular trend has come to an end. As all trends overlap, where one trend ends, the next trend begins....

 

- Spydertrader

 

Hear! Hear! It speaks and we strive to listen. ;)

sample_trades.thumb.jpg.5014255837182f6f4664071431c4550a.jpg

Share this post


Link to post
Share on other sites

8 July 2009 - still studying, monitor and annotate. These are all hand drawn. (Pardon some of the lines, ninja cursor is snapping to some invisible grid and I have not yet found the toggle to turn it off).

es-09Jul08.thumb.jpg.c9be7e64ac5029c1d672499cc4ec07d7.jpg

Share this post


Link to post
Share on other sites

Before one can learn how to learn to thoroughly and correctly annotate a chart, one must learn the process of differentiation. In other words, every trader must learn to distinguish that which he / she believes exists from that which the market has actually provided.

 

Attached, please find an example of Monday's (07/06/2009) ES 5 minute chart. I have marked several areas which, at first glance, appear similar, or to the untrained eye, even look exactly the same. However, subtle differences do exist among the various areas annotated.

 

Today's drill involves determining what answer best describes the differences, and once located, by using the information provided by the Price Pane and / or the Volume Pane, applying that answer onto other chart days in an effort to 'see' if your answer 'works' for every other exact same scenario - irrespective of market day.

 

Feel free to use your own charting software for this exercise. I snipped down the chart in an effort to make it 'fit' this space.

 

- Spydertrader

 

attachment.php?attachmentid=12036&stc=1&d=1247100943

differences.jpg.9eafd0dfe9208e2451f6fc04edeafbea.jpg

Share this post


Link to post
Share on other sites

I cannot find the definitions for;

B2B 2R 2B

Or

R2R 2B 2R

 

What does "B2B", "2R", and "2B" mean/stand for?

What does "R2R", "2B", and "2R" mean/stand for?

 

What does Gaussian mean?

 

Many thanks!

Share this post


Link to post
Share on other sites
Attached, please find an ES five minute chart for today (07/06/2009) containing Highlighted Areas where the market formed some of the formations outlined within the 'ten tapes' attachment posted earlier in the thread.

- Spydertrader

 

Hi Spydertrader,

 

I'm wondering if you changed the rule for bar coloring. There are seven Red bars with higher high, but close lower then open. At the same time, there is one Black bar with lower low, but close higher than onen. Is this a temporary change for learning Tape Drawing? What's the advantage of your current rule for bar coloring if it's a permanent change? TIA

5aa70efac8002_barcoloring.gif.cde55769e4cb1ac6d69fff1a21d20143.gif

Share this post


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

  • Topics

  • Posts

    • Date: 11th July 2025.   Demand For Gold Rises As Trump Announces Tariffs!   Gold prices rose significantly throughout the week as investors took advantage of the 2.50% lower entry level. Investors also return to the safe-haven asset as the US trade policy continues to escalate. As a result, investors are taking a more dovish tone. The ‘risk-off’ appetite is also something which can be seen within the stock market. The NASDAQ on Thursday took a 0.90% dive within only 30 minutes.   Trade Tensions Escalate President Trump has been teasing with new tariffs throughout the week. However, the tariffs were confirmed on Thursday. A 35% tariff on Canadian imports starting August 1st, along with 50% tariffs on copper and goods from Brazil. Some experts are advising that Brazil has been specifically targeted due to its association with the BRICS.   However, the President has not directly associated the tariffs with BRICS yet. According to President Trump, Brazil is targeting US technology companies and carrying out a ‘witch hunt’against former Brazilian President Jair Bolsonaro, a close ally who is currently facing prosecution for allegedly attempting to overturn the 2022 Brazilian election.   Although Brazil is one of the largest and fastest-growing economies in the Americas, it is not the main concern for investors. Investors are more concerned about Tariffs on Canada. The White House said it will impose a 35% tariff on Canadian imports, effective August 1st, raised from the earlier 25% rate. This covers most goods, with exceptions under USMCA and exemptions for Canadian companies producing within the US.   It is also vital for investors to note that Canada is among the US;’s top 3 trading partners. The increase was justified by Trump citing issues like the trade deficit, Canada’s handling of fentanyl trafficking, and perceived unfair trade practices.   The President is also threatening new measures against the EU. These moves caused US and European stock futures to fall nearly 1%, while the Dollar rose and commodity prices saw small gains. However, the main benefactor was Silver and Gold, which are the two best-performing metals of the day.   How Will The Fed Impact Gold? The FOMC indicated that the number of members warming up to the idea of interest rate cuts is increasing. If the Fed takes a dovish tone, the price of Gold may further rise. In the meantime, the President pushing for a 3% rate cut sparked talk of a more dovish Fed nominee next year and raised worries about future inflation.   Meanwhile, jobless claims dropped for the fourth straight week, coming in better than expected and supporting the view that the labour market remains strong after last week’s solid payroll report. Markets still expect two rate cuts this year, but rate futures show most investors see no change at the next Fed meeting. Gold is expected to finish the week mostly flat.       Gold 15-Minute Chart     If the price of Gold increases above $3,337.50, buy signals are likely to materialise again. However, the price is currently retracing, meaning traders are likely to wait for regained momentum before entering further buy trades. According to HSBC, they expect an average price of $3,215 in 2025 (up from $3,015) and $3,125 in 2026, with projections showing a volatile range between $3,100 and $3,600   Key Takeaway Points: Gold Rises on Safe-Haven Demand. Gold gained as investors reacted to rising trade tensions and market volatility. Canada Tariffs Spark Concern. A 35% tariff on Canadian imports drew attention due to Canada’s key trade role. Fed Dovish Shift Supports Gold. Growing expectations of rate cuts and Trump’s push for a 3% cut boosted the gold outlook. Gold Eyes Breakout Above $3,337.5. Price is consolidating; a move above $3,337.50 could trigger new buy signals. 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 of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Michalis Efthymiou 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 Leveraged 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.
    • Back in the early 2000s, Netflix mailed DVDs to subscribers.   It wasn’t sexy—but it was smart. No late fees. No driving to Blockbuster.   People subscribed because they were lazy. Investors bought the stock because they realized everyone else is lazy too.   Those who saw the future in that red envelope? They could’ve caught a 10,000%+ move.   Another story…   Back in the mid-2000s, Amazon launched Prime.   It wasn’t flashy—but it was fast.   Free two-day shipping. No minimums. No hassle.   People subscribed because they were impatient. Investors bought the stock because they realized everyone hates waiting.   Those who saw the future in that speedy little yellow button? They could’ve caught another 10,000%+ move.   Finally…   Back in 2011, Bitcoin was trading under $10.   It wasn’t regulated—but it worked.   No bank. No middleman. Just wallet to wallet.   People used it to send money. Investors bought it because they saw the potential.   Those who saw something glimmering in that strange orange coin? They could’ve caught a 100,000%+ move.   The people who made those calls weren’t fortune tellers. They just noticed something simple before others did.   A better way. A quiet shift. A small edge. An asymmetric bet.   The red envelope fixed late fees. The yellow button fixed waiting. The orange coin gave billions a choice.   Of course, these types of gains are rare. And they happen only once in a blue moon. That’s exactly why it’s important to notice when the conditions start to look familiar.   Not after the move. Not once it's on CNBC. But in the quiet build-up— before the surface breaks.   Enter the Blue Button Please read more here: https://altucherconfidential.com/posts/netflix-amazon-bitcoin-blue  Profits from free accurate cryptos signals: https://www.predictmag.com/ 
    • What These Attacks Look Like There are several ways you could get hacked. And the threats compound by the day.   Here’s a quick rundown:   Phishing: Fake emails from your “bank.” Click the link, give your password—game over.   Ransomware: Malware that locks your files and demands crypto. Pay up, or it’s gone.   DDoS: Overwhelm a website with traffic until it crashes. Like 10,000 bots blocking the door. Often used by nations.   Man-in-the-Middle: Hackers intercept your messages on public WiFi and read or change them.   Social Engineering: Hackers pose as IT or drop infected USB drives labeled “Payroll.”   You don’t need to be “important” to be a target.   You just need to be online.   What You Can Do (Without Buying a Bunker) You don’t have to be tech-savvy.   You just need to stop being low-hanging fruit.   Here’s how:   Use a YubiKey (physical passkey device) or Authenticator app – Ditch text message 2FA. SIM swaps are real. Hackers often have people on the inside at telecom companies.   Use a password manager (with Yubikey) – One unique password per account. Stop using your dog’s name.   Update your devices – Those annoying updates patch real security holes. Use them.   Back up your files – If ransomware hits, you don’t want your important documents held hostage.   Avoid public WiFi for sensitive stuff – Or use a VPN.   Think before you click – Emails that feel “urgent” are often fake. Go to the websites manually for confirmation.   Consider Starlink in case the internet goes down – I think it’s time for me to make the leap. Don’t Panic. Prepare. (Then Invest.)   I spent an hour in that basement bar reading about cyberattacks—and watching real-world systems fall apart like dominos.   The internet going down used to be an inconvenience. Now, it’s a warning.   Cyberwar isn’t coming. It’s here.   And the next time your internet goes out, it might not just be your router.   Don’t panic. Prepare.   And maybe keep a backup plan in your back pocket. Like a local basement bar with good bourbon—and working WiFi.   As usual, we’re on the lookout for more opportunities in cybersecurity. Stay tuned.   Author: Chris Campbell (AltucherConfidential) Profits from free accurate cryptos signals: https://www.predictmag.com/   
    • DUMBSHELL:  re the automation of corruption ---  200,000 "Science Papers" in academic journal database PubMed may have been AI-generated with errors, hallucinations and false sourcing 
    • Does any crypto exchanges get banned in your country? How's about other as Bybit, Kraken, MEXC, OKX?
×
×
  • Create New...

Important Information

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