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

Then name the differences anything you like. Up / Down, Left / Right, Goat / Hedgehog or whatever other binary pattern suits you. The vocabulary isn't nearly as important as recognizing a subtle difference in the object itself (at this point in time). For example, the first example of a Lateral (today), moved in the opposite direction of the previous bar (Note, how I did not use Dominant nor Non-Dominant here). Whereas, yesterday's examples formed in the same direction as the previous bar (to the actual lateral). Clearly, such a thing would represent a subtle difference.

 

At some point in the future (once you do have a better handle on Order of Events), you can always change the vocabulary.

 

- Spydertrader

 

Spydertrader,

 

Do you mean the bar before bar 1 that starts the lateral? And if so, does it mean that this bar is important in the differentiation process?

 

--

innersky

Share this post


Link to post
Share on other sites

Once you can see the various situations, you then focus on Order of Events (noting any differences from one situation to another). For example, the lateral which formed today beginning with the 11:10 Bar began at a completely different point along the continuum than 'Ezzy's Lateral.'

- Spydertrader

 

The lateral at 11:20 on the 26th Jan is post p3, so it must be the 2b portion of the b2b-2r-2b. "Ezzy's lateral", which I presume is the lateral beginning at 09:45 on the 25th Jan, contains the 2r-2b portion of the b2b-2r-2b sequence beginning at 16:05 on the 24th Jan. I personally cannot see the 2b portion on the ES 5 min but it would seem that the ym is sufficient to confirm that it exists.

20100126clip.jpg.e651a9027200efeeb013797938fddea2.jpg

Share this post


Link to post
Share on other sites

Do you mean the bar before bar 1 that starts the lateral?

 

Correct.

 

And if so, does it mean that this bar is important in the differentiation process?

 

If one becomes confused when attempting to determine Dominant vs. Non-Dominant, I simply provided an alternative method for differentiating how a Lateral Forms. Otherwise, one need not even pay attention to it.

 

- Spydertrader

Share this post


Link to post
Share on other sites

Spyder - a basic question about the volume sequence that might benefit others as well:

 

Can volume sequences overlap? By this I mean can the 2R or 2B of a trend also play a "double" role by being part of the ensuing trend?

 

For example - this would mean that a 2R of an up trend is also "counted" as part of the R2R of the ensuing short.

 

If my question is unclear I will try to clarify with a picture.

Share this post


Link to post
Share on other sites
Can volume sequences overlap?

 

If you logically think this through, you'll realize you already know the answer to this question.

 

All trends overlap at the FTT (Point One). No Trends overlap at Point Two. Ocassionally, some trends overlap at Point Three (what Jack and Neoxx discused as "the golden triangle").

 

What Volume Sequences cause Price to move from Point One to an FTT?

 

What Volume sequences push Price from Point One to Point Two? To Point Three?

 

Once one arrives at an FTT of a specific fractal, then the non-stationary window (for that specific fractal) has closed. As such, 'sequences' are not shared in the fashion your question specifies.

 

- Spydertrader

Share this post


Link to post
Share on other sites
Spyder - a basic question about the volume sequence that might benefit others as well:

 

Can volume sequences overlap?

 

The answer that you are seeking is NO.

Share this post


Link to post
Share on other sites

I included gaussians today. I am sure that I have jumped fractals in some cases, though through portions of the day it felt based on my traverses and trendlines that I was in sync.

 

By 'doing the work' I am learning a lot.

 

Apologize for jumping into the lateral posts and being off primary topic, but it helps me to have accountability by posting my charts :)

Thursday.thumb.jpg.baabfe14b8670c6c7b9bf37280aee3a7.jpg

Share this post


Link to post
Share on other sites
I included gaussians today. :)

 

Attached, please find an over view of 'the bigger picture' as Volume moved Price from Point One to Point Two and from Point Two to Point Three. After reaching Point Three, Volume moved Price in the direction of the 'bigger picture' FTT (until we ran out of day).

 

All one need do now, is 'nest' the various faster (than the 'bigger picture') Gaussians within the Price and Volume Containers in an effort to learn what must always take place before a specific order of events has completed.

 

One can go as far down the rabbit hole as one wishes.

 

- Spydertrader

5aa70fb9eccd0_bigpicture.thumb.jpg.22a8005a4a250f24dc48bcfd8b294027.jpg

Share this post


Link to post
Share on other sites
The lateral at 11:20 on the 26th Jan is post p3, so it must be the 2b portion of the b2b-2r-2b. "Ezzy's lateral", which I presume is the lateral beginning at 09:45 on the 25th Jan, contains the 2r-2b portion of the b2b-2r-2b sequence beginning at 16:05 on the 24th Jan. I personally cannot see the 2b portion on the ES 5 min but it would seem that the ym is sufficient to confirm that it exists.
I don't understand what 2b can't you see (in your attachment ? in Ezzy's lateral ?), but I believe your conclusion is incorrect: you should be able to trade based on what you see only on the 5 minute ES chart, without relying on the YM 2 minute.

Share this post


Link to post
Share on other sites
I don't understand what 2b can't you see (in your attachment ? in Ezzy's lateral ?), but I believe your conclusion is incorrect: you should be able to trade based on what you see only on the 5 minute ES chart, without relying on the YM 2 minute.

 

"Ezzy's lateral" - 09:45 25th Jan. Spydertrader suggested that I look at the YM to assist with my difficulty to see the 2b on the ES.

http://www.traderslaboratory.com/forums/34/price-volume-relationship-6320-124.html#post87581

Share this post


Link to post
Share on other sites

One can go as far down the rabbit hole as one wishes.

 

- Spydertrader

 

Spy drill . . . or art ? ( Composizione, 1921 Serigrap by Piet Mondrian )

5aa70fba0b91d_SPY12810_1.thumb.jpg.ed7e3c24b667f22bac42b72d24519bc7.jpg

Edited by TIKITRADER

Share this post


Link to post
Share on other sites

Salutations All,

 

I've read the posts in this thread many times and I think/hope that I'm ready to join the discussion. I've decided to start by posting my view of the first day of the Channel Drill. (I hope that attempts to resolve this exercise are still welcome.) I found myself accelerating/decelerating TL's according to what I felt the Gaussians were telling me. So, the TL's aren't "clean". Heck, I'll be happy if concensus tells me I've identified the correct number of tapes. I'm very interested in anybody's view on my interpretation of the Gaussians, especially through laterals. TIA for any comments. And thanks to Spyder and all contributors for a thought-provoking mountain of material.

5aa70fbbd4e6d_ChannelDrill-Day1.jpg.7b8fe3ad61cc8d09d20a5aaed5f75a5c.jpg

Share this post


Link to post
Share on other sites
I found myself accelerating/decelerating TL's according to what I felt the Gaussians were telling me.
I am somewhat intimately familiar with that particular day. And also, I was fortunate to receive some guidance on what subtle differences exist on that day. I believe that the attached reflects the order of events accurately.

5aa70fbc1ac06_7_14_2009(5Min).thumb.png.818885691d04d2770d44207493969b20.png

Share this post


Link to post
Share on other sites
Today's chart. Medium weight gaussians are building (inside) the medium weight traverses.
I wonder why the 1540-1555 can't be considered as b2b2r2b on some super-extra-fast level?

5aa70fbc694f7_ES01-29-2010.thumb.png.fcf803493ae41aa493c8ba45ad415307.png

Share this post


Link to post
Share on other sites

Hi romanus,

 

as a beginner may I ask you about this in your chart... "...the gaussian lines should ALWAYS match the trendlines..." (or maybe it was the other way around.). How does this workout in your chart?

 

Thanks.

5aa70fbc775ed_7_14_2009(5Min)Point123.thumb.png.8d86bf82f077b61c45f1759920cffc3d.png

Share this post


Link to post
Share on other sites
Hi romanus,

 

as a beginner may I ask you about this in your chart... "...the gaussian lines should ALWAYS match the trendlines..." (or maybe it was the other way around.). How does this workout in your chart?

 

Thanks.

In the chart that I posted for every line drawn in volume pane (gaussian) there exist a corresponding pair of lines (trendlines) drawn in price pane. The relationship between those two ( namely a pair of trendlines and gausisan line) can be described using the verb "match". Where do you see the contradiction between your premise ("...the gaussian lines should ALWAYS match the trendlines...") and what is drawn?

Share this post


Link to post
Share on other sites

In this image is a lateral. This should be one that fits the the current topic.

 

Can the direction of this lateral exit be known with just the information shown ?

is there enough information here for . . .

 

1) Differentiation

 

2) Context

 

3) Order of events

 

 

This is for anyone who wants to answer any or all questions.

 

additionally . . . Spyder, could you just give a yes or no to each question here if possible ?

 

EDIT: All bars are finished, none are forming

5aa70fbca120e_latdrill1.jpg.c3b7d9e2e0f1e9987193c067ea726b3b.jpg

Edited by TIKITRADER

Share this post


Link to post
Share on other sites

I'm going to take a stab at this.

 

I would say yes to 1) and 3) but No to 2). There is a lack of needed context here.

 

Is this already inside some other lateral? Is that at the beginning or ending of day which might affect the volume bars?

 

However if we know this is middle of day, not in the FOMC or other unusual event, and not inside a bigger lateral itself, in other words in normal context if there is such a thing, then I think this would be sufficient to know where it exits in both of these examples.

 

I will just tackle the 2nd one for now since I'm studying those right now. In that case, I think it is a Dominant lateral, with black being the dominant direction. I believe this would BO to end the lateral in the dominant direction (black).

 

Attached is what I believe is a similar lateral as your 2nd one. My example is jan 24, 13:05.

5aa70fbca8eab_jan_24_2010lateralsnipet1.PNG.403e276bf300169d8cc725651be85c39.PNG

Share this post


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

  • Topics

  • Posts

    • CARDANO PRICE EXPOSES TO $0.98 SUPPORT LEVEL ADA Price Analysis – January 25 When the sellers increase their momentum to push down price below $0.98, the support level of $0.83 and $0.73 may be tested. In case the Support level of $0.98 holds, the buyers may push up the price towards $1.11, $1.30 and $1.46 levels. ADA/USD Market Key Levels: Resistance levels: $1.11, $1.30, $1.46 Support levels: $0.98, $0.83, $0.73 ADA/USD Long-term Trend: Bearish Cardano is bearish on daily chart. Buyers and sellers are struggling over the crypto. The sellers are trying to overpower the buyers. Former support level of $1.30 and $1.11 has been penetrated downside by the sellers and the price exposes to $0.98 support level. There is tendency for the price to decline further if the sellers maintain their pressure. ADAUSD Daily chart, January 25 Cardano has crossed the two EMAs downside, currently trading below the 9 periods EMA and 21 periods EMA at distance which indicate a bearish movement. When the sellers increase their momentum to push down price below $0.98, the support level of $0.83 and $0.73 may be tested. In case the Support level of $0.98 holds, the buyers may push up the price towards $1.11, $1.30 and $1.46 levels. The relative Strength Index period 14 is at 40 levels with the signal line pointing downside which indicates sell signal. ADA/USD Medium-term Trend: Bearish Cardano is on the bearish movement on 4-hour chart. The bullish movement could not continue when the buyers pushed up Cardano to test the resistance level at $1.64. The bears reacted against the price increase with the formation of bearish engulfing candle. The price started decreasing and the support level of $1.30 is broken downside. Further price decrease envisaged as the price is below the two dynamic resistance levels. ADAUSD 4-hour chart, January 25 The price is trading below the 9 periods EMA and 21 periods EMA. The relative strength index period 14 is at 40 levels and the signal line pointing down to indicate sell signal. Source: https://learn2.trade 
    • SOLANA REACHES OVERSOLD REGION AS THE ALTCOIN MAKES DEEPER CORRECTION Solana has fallen to the low of $87 SOL/USD has reached the oversold region Solana (SOL) Current Statistics The current price: $90.94 Market Capitalization: $46,528,296,188 Trading Volume: $4,555,783,625 Major supply zones: $280, $300, $320 Major demand zones: $160, $140, $120 Solana (SOL) Price Analysis January 24, 2022 Solana’s (SOL) price has fallen significantly to the low of $87 as the altcoin makes deeper correction. The crypto’s price corrected upward but faces resistance at $104. If the crypto is facing resistance at $104, it implies that the selling pressure will resume to the downside. Presently, the altcoin is fluctuating between $80 and $104 price levels. The crypto will resume trending when the range-bound levels are breached. For instance, if the bears break below the $80, the market will decline to $68 low. SOL/USD – Daily Chart Solana (SOL) Technical Indicators Reading Solana is at level 23 of the Relative Strength Index for period 14. The cryptocurrency is seriously in the oversold region. This is an indication that the current downtrend has reached bearish exhaustion. SOL/USD is below the 20% range of the daily stochastic. It indicates that the market has reached the oversold region of the market. Since December 29, the altcoin has been trading in the oversold region of the market. The 21-day SMA and 50-day SMA are sloping downward indicating the downtrend. Conclusion Solana is in a downward move as the altcoin makes deeper correction.. The current price action and Fibonacci tool analysis are closely related. The cryptocurrency has reached the oversold region and there is a possibility of price reversal. Meanwhile, on December 14 downtrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that Solana will fall to level 1.618 Fibonacci extensions or $79.34. SOL/USD – Daily Chart     Source: https://learn2.trade 
    • Date : 25th January 2022. Market update – January 25. A flight out of equities and into the safety of bonds was the opening theme yesterday – Could we see this repeated? US futures are under pressure once again, alongside a broad sell off across Asian equity markets. Tensions over the Ukraine, virus developments in China and the prospect of reduced central bank support all continued to weigh on sentiment overnight. The rise in Omicron cases ahead of the Lunar New Year holidays and of course the Olympic Games is adding to nervousness over slowing growth.   Australia’s inflation rate came in higher than expected, which added to growing conviction that the RBA will end its quantitative easing program at the February 1 meeting. Singapore surprised with a move to tighten policy outside of a scheduled review USD (USDIndex 95.90) saw a pullback after breaching 96.11. Treasury rates dove lower with a strongly bid 2-year sale extending the slide. The just auctioned 2-year rate dropped 7 bps to hit 0.970%. Equities – Hang Seng and CEI 200 expected to drop more than -1.8% today. The Nikkei closed with a loss of -1.7%, the ASX plunged -2.5% after the hot inflation report. Yesterday, USA100 crashed -4.9%, with the broader indexes over -3% lower before hitting bottom and paring losses. But a late buy the dip rally saw the USA100 rally 0.63%, with the USA500 and USA30 up 0.29%. USOil – back to $82.00 territory, – recovering some of yesterday’s losses, as growing tension in Eastern Europe and the Middle East fuelled concerns over possible supply disruptions. Lower US oil inventories are also providing support. Gold – held on to gains at $1841 as investors sought safety. Bitcoin steadied to $35,000 handle. FX markets – The Yen was supported as risk aversion picked up and USDJPY dropped to 113.66. EURUSD at 1.1306 & Cable below 1.3500. European Open – European stock futures are signalling a bounce back from yesterday’s sell off, with the GER40 and UK100 currently posting gains of 1.1% and 0.8% respectively. EGB yields are set to rise today, as stock markets bounce back from yesterday’s sell off. The German 10-year Bund yield is up 1.4 bp at -0.097% in early trade, the French 10-year up 1.3 bp, both underperforming versus Treasuries, which have moved higher overnight, as Asian stock markets sold off. Today – The FOMC meeting starts today, with an announcement due tomorrow, ahead of the ECB and BoE meetings in February. Geopolitical risks will remain in focus today, while the data calendar highlights are the German Ifo readings and the UK CBI manufacturing survey. Biggest FX Mover @ (07:30 GMT) Cocoa (-3.22%) Huge dive to 2488 from 2684 highs seen last week, breaking all daily SMAs (20-, 50-, 200-day). Fast MAs aligned lower intraday with all momentum indicators pointing further lower. 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 HotForex 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 HotForex 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.
    • How much is the minimum deposit to trade with this broker?
    • I first time hear about Ocata 😂 All others are well-known.
×
×
  • Create New...

Important Information

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