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

Romanus,

 

when/how did you know to fan the blue up traverse? It looked like a completed sequence to me at 14:05.

 

--

thanks,

 

innersky

Whatever thinking went into drawing the trendlines and gaussians at that time was obviously invalidated by the market. It's quite possible that we both incorrectly identified the Point One.

Share this post


Link to post
Share on other sites
I see several visible fractals on the 5M chart today...

 

Hi ehorn,

Does the green trendline represent "Traverse"?

Does the blue trendline represent "Tape"?

Please comment. TIA

5aa70f22f0b82_tapeandtraverse.thumb.gif.92bb594dcc56f9130cce366195413de7.gif

Share this post


Link to post
Share on other sites
Hi ehorn,

Does the green trendline represent "Traverse"?

Does the blue trendline represent "Tape"?

Please comment. TIA

 

This is how I have annotated it, yes.

Share this post


Link to post
Share on other sites
This is how I have annotated it, yes.

With Spyder's definition of tapes on page 1, post #5, could someone PLEASE explain how on earth the blue trendline could be considered a "tape" and the green trendline a "traverse"?? :confused:

Share this post


Link to post
Share on other sites
With Spyder's definition of tapes on page 1, post #5, could someone PLEASE explain how on earth the blue trendline could be considered a "tape" and the green trendline a "traverse"?? :confused:

 

Hi dkm,

 

IMHO, Post #5 gives us a primer for the building blocks (i.e. BBT's).

 

As Spydertrader mentioned earlier,

 

"...begin with these smaller pieces and build from there. In such a fashion, you'll soon see how letters form words, and words become sentences. It is within these sentences that the market tells its story..."

 

With that, I have annotated the story I read for Friday...

Share this post


Link to post
Share on other sites

Wednesday, September 9, 2009

Thursday, September 10, 2009

Friday, September 11, 2009

 

Imho, your first down traverse is not valid as the RTL gets broken (10:15) on decreasing volume...

innersky

 

Thanks for the feedback and your chart. There are usually a few parts where I can't get the price channels to match volume exactly (I could fix one part then it breaks another). So I try a best fit (or least bad fit). It's good to see everyone else's chart to compare these areas, good food for thought. :)

5aa70f23429b1_Sep92009A.thumb.PNG.973bfe7b144a78b8af5a92386514b15a.PNG

5aa70f23488ed_Sep102009A.thumb.PNG.62a1a4419404bb71eff49eef2740cb03.PNG

5aa70f234eacc_Sep112009A.thumb.PNG.9829eba5036bed5b5a09276770e8c71c.PNG

Share this post


Link to post
Share on other sites
With Spyder's definition of tapes on page 1, post #5, could someone PLEASE explain how on earth the blue trendline could be considered a "tape" and the green trendline a "traverse"?? :confused:
From Spydertrader's post #177:

Whatever
something "looks like" in the
Price
Pane falls under the catagory of
unimportant
because a tape does not
ever
look like a traverse (or anything else) when observing the
Volume
Pane.

Share this post


Link to post
Share on other sites
From Spydertrader's post #177:

Whatever
something "looks like" in the
Price
Pane falls under the catagory of
unimportant
because a tape does not
ever
look like a traverse (or anything else) when observing the
Volume
Pane.

Also, check #75 and #77.

Share this post


Link to post
Share on other sites
Also, check #75 and #77.

 

With the greatest of respect, referring me to previous posts that I have read 100 times does not help. When someone remains unable to understand something it is often beneficial to offer an explanation from a different perspective or even, dare I say it, an annotated illustration. Responses of the nature "it's all been posted here before" serve only to frustrate.

Share this post


Link to post
Share on other sites
With the greatest of respect, referring me to previous posts that I have read 100 times does not help. When someone remains unable to understand something it is often beneficial to offer an explanation from a different perspective or even, dare I say it, an annotated illustration. Responses of the nature "it's all been posted here before" serve only to frustrate.
NYCMB's recent inquiry to ehorn attracted my attention because he posted that chart validated by Spydertrader. You expressed your doubt too, so I thought to reset the discussion to a calibration point. I have no intention to increase anybody's frustration.

Share this post


Link to post
Share on other sites
With Spyder's definition of tapes on page 1, post #5, could someone PLEASE explain how on earth the blue trendline could be considered a "tape" and the green trendline a "traverse"?? :confused:

 

 

let me be the devil...

 

PLEASE explain how on earth the blue trendline could NOT be considered a "tape" and the green trendline a "traverse"?? :confused:

Share this post


Link to post
Share on other sites
With the greatest of respect, referring me to previous posts that I have read 100 times does not help. When someone remains unable to understand something it is often beneficial to offer an explanation from a different perspective or even, dare I say it, an annotated illustration. Responses of the nature "it's all been posted here before" serve only to frustrate.

 

I can appreciate your question and enjoy it because it makes me think. So keeping it simple (and considering that critical component of M is still being refined) then I will humbly submit my analysis (just based on PT2 analysis only):

 

If THIS was a Traverse (which completed Friday morning) then the down traverse which is being built requires a PT2 outside of the previous up traverse. We did not get that on Friday. Now If the preceding link is in fact a channel, then it is quite possible that what was constructed on Friday was Pt1, 2 and 3 of a down traverse.

 

Frankly, I may very well be stuck in SLOW MOTION coming off of the summer pace here. But my PFC is established and I will continue on with the MADA asking WMCN as each bar forms.

Share this post


Link to post
Share on other sites

Addressing dkm's question, in the chart in question, there are clearly faster fractals than what is being called a tape here, and those faster fractals meet the definition of tape provided earlier by Spydertrader.

 

Thus it appears that "tape" is being used as a label for more than one level, so that "tapes" at the fastest level (on the basis of 2 bars, as in Spydertrader's original example) can construct larger tapes, not only traverses.

 

Perhaps someone could clarify this point?

Share this post


Link to post
Share on other sites

A very wise man has said; "To get from square one to operational takes time and patience."

 

tapes? traverses? channels? These are all constructs for use in becoming operational...

 

Increasing, Decreasing, Continuing or Changing... and WMCN...

 

We perform the routine so that we may develop and refine our ability to become operational. Spydertrader has provided us all the tools needed to do this and through effort and experience we become more effective and efficient.

 

When emotions override logic step back and take a break. The market is the same yesterday, today and tomorrow.

 

Developing the routine and learning to learn is what the journey entails.

 

But enjoy the journey. It is meant to be enjoyed.

Share this post


Link to post
Share on other sites
let me be the devil...

 

PLEASE explain how on earth the blue trendline could NOT be considered a "tape" and the green trendline a "traverse"?? :confused:

 

Modified chart below....

 

"Accurately drawn trend lines in a chart Price Pane represent ‘containers’ of trend on the three trading fractals. We represent the fastest trading fractal using skinny lines (described as ‘tapes’) which, in turn, build the next slower fractal (represented by ‘medium’ weight lines) – known as a Traverse. These Medium fast trends (Traverses) build the slowest fractal (thick line weight) known as a ‘channel.’"...Spyder

 

It appears now that some are using "skinny tapes" to form "fat tapes" and "fat tapes" to form "even fatter tapes" etc etc. It is no wonder that many here are utterly confused with the terminology.

5aa70f2437c73_tapeandtraverse2.thumb.GIF.b50c31bc43449261923fc6c021be7bdc.GIF

Edited by dkm

Share this post


Link to post
Share on other sites
Modified chart below....

 

"Accurately drawn trend lines in a chart Price Pane represent ‘containers’ of trend on the three trading fractals. We represent the fastest trading fractal using skinny lines (described as ‘tapes’) which, in turn, build the next slower fractal (represented by ‘medium’ weight lines) – known as a Traverse. These Medium fast trends (Traverses) build the slowest fractal (thick line weight) known as a ‘channel.’"...Spyder

 

It appears now that some are using "skinny tapes" to form "fat tapes" and "fat tapes" to form "even fatter tapes" etc etc. It is no wonder that many here are utterly confused with the terminology.

 

IMHO Taverses are ALWAYS made from Tapes, but not all tapes make a Traverese. In order for a tape to make a traverse, it must consist of at lease 5 bars and three tapes, one tape of accelleration, one of decelleration, followed by one of accelleration, forming points 1,2 and 3 of the traverse. And from my notes from NYC, one bar of decelleration does not equal decelleration. If anybody has anything to add, please do.

Share this post


Link to post
Share on other sites

From Spydertrader's post #233:

While certainly, additional trading fractals (beyond skinny, medium and thick)
do
exist, they reside not 'in between' skinny and medium, but rather, below (or faster than) a skinny line.

 

As a result, we
rarely
see them. However, when we
do
see these faster (than skinny line) fractals, they operate in the
exact same
fashion as all other fractals (skinny, medium and thick) which we see each and every day.

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.