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

In my view, you have a complete sequence down starting bar 71 prev day (1520, open), followed by a complete sequence up starting bar 78 (1555, open). The up sequence ends with an FTT of the accelerated BBT (or whatever level of container) formed by the bars 3 and 4 of today (0940 and 0945, open), its pt 2 being Mon, and pt3 Tue.

 

Thanks, yes those are exactly the sequences I'm trying to get to work, that must have been what happened. Where's P2 of your 1520 sequence?

Share this post


Link to post
Share on other sites

Get your Pre-flight check established.

 

* Where am I in the sequences?

* How fast are things changing?

* WMCN?

 

Perform the MADA routine

 

Extract from the pool

 

Wash, rinse, repeat.

oneanddone.thumb.jpg.0464e2181eb9f28663098912559259f6.jpg

Share this post


Link to post
Share on other sites
In my view, you have a complete sequence down starting bar 71 prev day (1520, open), followed by a complete sequence up starting bar 78 (1555, open). The up sequence ends with an FTT of the accelerated BBT (or whatever level of container) formed by the bars 3 and 4 of today (0940 and 0945, open), its pt 2 being Mon, and pt3 Tue.

 

I saw this, but dismissed it because of what appeared to be the invalidation of P1 due to gap removal. Did you view this as a valid double-top with gap removed? Or maybe a down-traverse w/o gap removed?

Share this post


Link to post
Share on other sites
In my view, you have a complete sequence down starting bar 71 prev day (1520, open), followed by a complete sequence up starting bar 78 (1555, open). The up sequence ends with an FTT of the accelerated BBT (or whatever level of container) formed by the bars 3 and 4 of today (0940 and 0945, open), its pt 2 being Mon, and pt3 Tue.
Thank you for sharing this. In the attached, bar 1 on increasing volume fails to reach the LTL and signals peak volume, bar 2 is IBGS on increasing volume and it's close breaks the previous up tape drawn from the final bar on the previous day (black arrow pointing to it). Why would one hold through it and not go short? Thank you.

5aa70fd98a5f5_ES03-102_23_2010(5Min).thumb.png.27838ab2ab8ee7d5d2cc723796924446.png

Share this post


Link to post
Share on other sites

Romanus, I sympathize with your frustration (though I worry less about binary logic).

 

As it happens, I went long on bar 2. If it will help, here's why.

 

Bar 1 isn't peak volume, since the first bar of the day always has far more volume than the last 2 bars of the preceding day. (Your "P" is just marked by an algorithm, and I would drop it altogether, as it registers too many false positives, and misses some real Peaks.)

The ibgs is a subfractal retrace that fails: increasing volume that fails to break the prior bar's low, and retreats substantially from its low. As far as sequences go, I expected to see increasing black to complete the sequence begun the day before, and we hadn't got it yet. So my analysis confirmed my expectations.

 

I exited on the VE 2 bars later. I remain unconvinced about entering short because of a lower volume VE, just before an important news item - context tells us to expect a reduction in volume. If the news had been a substantial positive surprise, we would have had a big black bar, and would be seeing the preceding 2 bars as a lateral retrace.

 

HTH

 

- become

Share this post


Link to post
Share on other sites
Thank you for sharing this. In the attached, bar 1 on increasing volume fails to reach the LTL and signals peak volume, bar 2 is IBGS on increasing volume and it's close breaks the previous up tape drawn from the final bar on the previous day (black arrow pointing to it). Why would one hold through it and not go short? Thank you.
The day starts looking for pt3 up. Bar 1 is usually much larger volume than the 80, 81, so I wouldn't call it peak volume. It sets pt3. Bar 2 is translation on increasing black volume. Its close is a great place to enter long (or wait if the second bar is too early for your level of confidence). Bars 3 and 4 are translations too on decreasing black volume anticipating change. Bar 3's mode is up, bar 4's mode is down (decreasing volume and close outside). Bars 5 and 6 are FBPs on decreasing red volume building a lateral (after pt3). Next bar breaks down on increasing red volume. You could've reversed short on bar 4 (highest high, and highest close), or a little later. Edited by cnms2

Share this post


Link to post
Share on other sites
Thanks, yes those are exactly the sequences I'm trying to get to work, that must have been what happened. Where's P2 of your 1520 sequence?
I considered 1525 (open) bar (decreasing black volume) as the non-dominant move of that container (incr red, decr black, incr red). Especially during high volume periods, which usually happens at the start and the end of the day, you could have traverses where moves can happen over a single bar (I remember some examples provided by spydertrader)..

Share this post


Link to post
Share on other sites
I saw this, but dismissed it because of what appeared to be the invalidation of P1 due to gap removal. Did you view this as a valid double-top with gap removed? Or maybe a down-traverse w/o gap removed?
I don't quite understand your view here... I considered the volume sequence, and removed the price gap. I didn't look for a double top.

Share this post


Link to post
Share on other sites
Wednesday 24 February 2010

 

According to your chart annotations, your 'day' began at 16:00 PM Tuesday. Do you agree with such a statement, or did your 'day' actually begin earlier than 16:00 PM Tuesday? Also, your chart shows a mysterious red Bar as its final (Tuesday) Bar. I do not have such a bar on my chart. IF said Bar represents a function of the charting software (or datafeed), take care not to include said bar in your analysis and decision making. Lastly, you have additional 'laterals' highlighted on your charts (in addition those in The Lateral Formation Drill [and Follow Up]). Make sure you have a specific rule set in place (based on a process of differentiation) for these laterals (in addition to those in The Lateral Formation Drill [and Follow Up]). Otherwise, the automation of these objects may cause you to 'see' things in a far different fashion than required.

 

(All Times Eastern and [close of] ES Bars)

 

HTH.

 

- Spydertrader

Share this post


Link to post
Share on other sites
Thank you for sharing this. In the attached, bar 1 on increasing volume fails to reach the LTL and signals peak volume, bar 2 is IBGS on increasing volume and it's close breaks the previous up tape drawn from the final bar on the previous day (black arrow pointing to it). Why would one hold through it and not go short? Thank you.

 

Romanus, I had a pretty similar view on that section to become's analysis (made a mistake bar 2 in real-time though) :) see attached snippet.

 

Here's my thoughts kind of starting around 15:35 on 02/22/2010:

 

Pink Down Tape:

I started this (on my snipet labelled 1 in pink) because of an outside bar/ibgs, with decreasing red.

 

By 15:45 you see the huge red down bar and this is the dominant red part of the pink down tape. Though I didn't label it on this snippet it also breaks a RTL of a Traverse or possible channel as well.

 

Then we get 2 black bars, I label these as non-dominant (pt 2 to pt 3 movement). The end of day volume distorts their volume but once adjusted for end of day volume (which I don't know the rule but just roughly divide it in half or so) they are decreasing black.

 

The last bar of the day is really interesting. I see this as an ibgs. The bar starts with dominant red volume, confirming that it has created the pt 3 of the pink down Tape. However, on the very same bar, price moves all the way back and closes on the open, creating a kind of spike (not sure if these are officially spike bars or not). This to me is an SOC/FTT. I would still want see confirmation, in the form of a BO of the RTL in a bar or two, but other than that by end of bar I am annotating this as the pt 1 of a new black Tape.

 

So let's go to the next bar, which is now beginning of the day, bar 1 of 2/23/2010. I see this as dominant black which confirms that the previous bar was the pt 1 of our new up tape (labeled forest green on my snippet). Actually, this and the next bar I was very much on the fence on, because of the beginning of day volume effects, you could easily make the case the mode was non-dominant (decreasing volume) as well. But for this purpose what I feel makes the most sense is it is dominant black volume.

 

Bar 2 I labelled as non-dominant red volume, thus confirming the previous bar as the pt 2 of the green Up Tape. The reason I did this even though its volume was increasing over the previous bar, was it is an ibgs. With ibgs, I give special wiggle-room if that is the right word, and I assumed that most of the volume was when the bar was making a higher high, as opposed to the downward retrace. I guess if you have YM, you have an advantage since you can look in more granularity, but I only use 5 min ES (and wasn't looking at PRV in real-time either so had no way of knowing).

 

Bar 3, I labelled as dominant black volume, even though volume was slightly decreasing. Again, this gets to mentally splitting up Bar 2 into 2 parts: a high volume increasing black bar and a decreasing red bar. So this confirmed the previous bar (bar 2) was the pt 3 of the black up tape.

 

Bar 4: at this point we are passed the pt 3 so we are looking for a SOC. I'm not sure if the SOC is this bar, or Bar 5, or Bar 6 when you see the lateral formation, but one of the three bars ends the green Up Tape. In realtime, I labelled it differently (incorrectly), thinking the VE was sufficient enough to lead to the NSW moving on this fractal (Up Tape). So I was expecting a decreasing red BBT and than an increasing black BBT and then would look for the possibly final FTT. Of course that didn't happen, so I need to spend more debrief on when VE's are FTTs versus move the NSW.

 

It is very possible the Green Tape is a BBT or sub-fractal, instead of a Tape, but I labelled it as a Tape.

romanus4.thumb.PNG.bf8cd9fdedd5a18a5c4f36e8cfa00435.PNG

Share this post


Link to post
Share on other sites
According to your chart annotations.............

 

Thank you so much for your feedback! Actually I have the present up container from 13:05CST yesterday (14:05EST). And yes that mystery first bar - I have been starting the first bar at 8:25 so I could be "warned" regarding the position where the actual first bar of the day starts (before gap removal tool) - Thank you for noticing :) And thank you for the reminder that it needs to be taken into consideration now with the remove gap tool. Here is a view without that warning bar. I have shown vertical blue line at today's first bar.

 

Edit: Also with revised Sym Lateral annotation.

es-10Feb24-1823.thumb.jpg.90817954b42531f28d26304f9b64d4e5.jpg

Edited by rs5

Share this post


Link to post
Share on other sites

My current coding for laterals:

 

Fushsia = SYM Lateral per Lateral Drill

Cornflower = all other sym laterals

Chartreuse = all ftp laterals

Yellow = all fbp laterals

 

Focus is on the Sym Laterals per Drill. The others are there for decoration at the moment.

Share this post


Link to post
Share on other sites
Actually I have the present up container from 13:05CST yesterday (14:05EST).

 

Now that you have 'corrected' your 'start of day' annotations, you should have the ability to see where you have failed to include other annotations (some that existed previously and others which did not appear on your charts at all).

 

- Spydertrader

Edited by Spydertrader
needed to add an 'S'

Share this post


Link to post
Share on other sites
The others are there for decoration at the moment.

 

In order to determine whether (or not) such automated annotations add (or detract) value to your M - A - D - A, ask yourself, "What do I [you] think when those different color laterals appear on my [your] chart in real time?"

 

Do you think, "Damn! I still need to differentiate these things, but lets check 'inside' to see what is happening."

 

or, do you think, "O.K.. I'm in a certain type of Lateral (based on a certain color), so let's pay attention and see if I can learn something."

 

One answer indicates the lack of the need for the annotation itself, the other answer indicates an incorrect focus (on Price, rather than, on Volume).

 

Differentiation occurs after market hours. Applying the fruits of one's labor occurs during market hours. Make sure you are performing the correct tasks at the correct times. Again, since 'X' amount of time has passed since I first introduced you to, and provided the expected results from, thoroughly differentiating The Lateral Formation Drill (and Follow Up), and since you still appear to struggle with laterals which do not conform to those drills, I'm simply pointing out that looking at a problem from a different point of view, might provide some benefit.

 

- Spydertrader

Share this post


Link to post
Share on other sites

 

- Spydertrader

 

Thank you so much Spydertrader! I have removed all lateral notations leaving only the Sym laterals conforming with the lateral drill here.

 

Sym lateral 2 (on 2/23) is in the B2B segment of the up container and exits in the B2B segment continuing the dominant move.

 

Sym lateral 1 (on 2/24) is in the 2R segment of the up container and exits into 2B segment, continuing the dominant move.

 

The Sym laterals appear to exit in the dominant side of the sequence of the larger container being formed. I will need to test this to see if it occurs in all the other instances.

es-10Feb24-2330.thumb.jpg.34253aff44b1687a0ab47e816dedc09d.jpg

Edited by rs5

Share this post


Link to post
Share on other sites
Because "The Blue Thing" does not accurately reflect the information provided by the market.

 

- Spydertrader

 

Because "The Blue Thing" is above our trading fractal?

 

--

innersky

Share this post


Link to post
Share on other sites
Because "The Blue Thing" is above our trading fractal?

 

Because placing "The Blue Thing" on your charts fails to provide sufficent information for most individuals to distinguish between one fractal or another. In other words, "The Blue Thing" says to the trader one thing, when quite another thing entirely is taking place.

 

- Spydertrader

Share this post


Link to post
Share on other sites

Thank you Spydertrader for the feedback.

 

Here is a second version of my 02/24/2010 chart. I removed the automated laterals and drew the laterals that I hypothesized would help me draw my guassians. I also attempted to come up with a better coloring and numbering scheme to provide clarity. You'll note that I made quite a few changes to the guassians as I tried to correct my nesting of fractals. Hopefully, I made a step in the right direction. I will know fairly quickly when the market opens if my medium weight pink trend (from 13:35) is going to be invalidated by a bar that goes above the gap adjusted 13:35 bar.

02242010es5min_b.thumb.jpg.68dea399314c2150ad95ea1295045b0b.jpg

Share this post


Link to post
Share on other sites

Here is a second version of my 02/24/2010 chart.

 

Much better.

 

I will know fairly quickly when the market opens if my medium weight pink trend (from 13:35) is going to be invalidated by a bar that goes above the gap adjusted 13:35 bar.

 

This is how we learn. Step by step. Piece by piece.

 

Keep up the great work.

 

- Spydertrader

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.