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

My 2 cents worth..

Thurs lateral - 3rd increasing red bar vol created by up move to form a doji at the close. The volume thus is not totally increasing red but if we split, it should be red followed by a black.

 

On 9/3, the increasing red vol is created in the lateral is by price going down which signals a potential down move but would probably have to wait for BO of lateral to confirm, correct ?

Share this post


Link to post
Share on other sites
Good. Now, set aside Volume (for just a moment) and determine if all of the examples under discussion form in the exact same (as our reworded definition) way. Those that do not form in such a fashion fall into a different pile. Next, look at context (VE's, declining pace or accelerating pace, etc.), and finally, check the order of events. Can you 'see' a completed Volume Cycle before the formation of the Lateral?

 

Now, bring Volume back into the analysis. Price moving in the dominant direction (after a completed Volume Sequence) on decreasing Volume tells you a very specific thing.

 

 

 

- Spydertrader

What follows is my read of some of the subtle differences.On 9/2 the market was moving in a dominant direction but had not completed its volume sequence(bar 1 of sym lateral is pt 2) when the lateral boundary(pt 3) was created on the non-dominant side of the sym lateral.Completion of the volume sequence occurred soon after the open of 9/3. The market on 9/3 was also moving in a dominant direction but this time had a completed volume sequence when the lateral boundary was created on the dominant side of the sym lateral.HTH

Share this post


Link to post
Share on other sites

Hey everyone,

 

I'm still plunking along. Right now I'm trying to figure out what to do with laterals and gaussians. A few questions in my head are: 1) Can I have a full gaussian r2r2b2r (or b2b2r2b) in a lateral? 2) Can I have part of a gaussian sequence in a lateral say r2b?, and 3) Is a lateral simply one leg (just r, or just b) in a larger gaussian sequence?

 

Any examples for me to pick apart would be greatly appreciated, or a link to somewhere where this has already been discussed (in the 200+ pages). Hope the redundancy is not too annoying.

 

-yader

Share this post


Link to post
Share on other sites
Hey everyone,

 

. . .

 

Any examples for me to pick apart would be greatly appreciated, or a link to somewhere where this has already been discussed (in the 200+ pages). Hope the redundancy is not too annoying.

 

-yader

 

 

Forums - Spydertrader's Jack Hershey Futures Trading Journal

 

Forums - Iterative Refinement

 

There is a tremendous amount of information in these two links. It will take some searching through them but on the way you may discover many other things.

Re-reading a few times can clarify areas even though you will swear they were not there the first read through.

Share this post


Link to post
Share on other sites

Could someone post a price and volume 5m ES chart for Friday and or Thursday? Doesn't need to be annotated, blank would work fine. Thanks

 

- EZ

Share this post


Link to post
Share on other sites
Could someone post a price and volume 5m ES chart for Friday and or Thursday? Doesn't need to be annotated, blank would work fine. Thanks

 

- EZ

 

Here you go Ezzy. The trading hours are confined within black vertical lines. The times are CET.

Thursday.thumb.jpg.f8b82944a3dfd3da4321e5fdd051f86e.jpg

Friday.thumb.jpg.9934665b32f1c28693ecd6f680411c37.jpg

Share this post


Link to post
Share on other sites

Friday 24 Sept 2010

 

Had an error in annotating thursday's sequence. Turned out that the down channel had completed on Thursday, and a new up channel started on Friday.

 

Have a good weekend everyone.

5aa71032b058c_ES2010_09_24.thumb.png.c1449c0a9d746a814384009e2cdcc80b.png

Share this post


Link to post
Share on other sites
My view of the day...

 

Have a nice weekend.

 

ehorn - really appreciate you putting your charts up.

 

Question - you have a tape level (finest level) B2B opening the day.. ending around 10:45. From the open to 10:45 there are 4 black peaks. Could you detail out the analysis you did as each black peak appeared in real time?

 

e.g.

 

peak 1 - not an FTT ... nested volume sequence not complete.

 

TIA

Share this post


Link to post
Share on other sites
ehorn - really appreciate you putting your charts up.

 

Question - you have a tape level (finest level) B2B opening the day.. ending around 10:45. From the open to 10:45 there are 4 black peaks. Could you detail out the analysis you did as each black peak appeared in real time?

 

e.g.

 

peak 1 - not an FTT ... nested volume sequence not complete.

 

TIA

 

 

YVW, I am happy to share my thoughts.

 

Nice observation and it is true... All peaks are not created equal... :)

 

Peaks and troughs are always informing the trader... But some peaks cause one to take notice more carefully than others. In particular, where those peaks occur (both throughout the day and with regards to where one finds themselves within the sequences). These particular peaks are showing us a gradual pace slowing as lunchtime approaches (typical of the standard catenary distribution).

 

So say a 5 minute fractal trader is examining peaks, and lets say a 5M traverse level trader is performing the routine - He/she knows what is needed first before sequences can possibly complete. We need a PT2 and a PT3 and then a return to dominance before one should look for change? yes?

 

What do we know about PT2's...? Where do they need to form?

 

Some days we have nice pace and/or we find the market poised in a location (with regards to TL's) where we can zip right through the nest to get where we are going Pt1, Pt2, PT3 and FTT in little time.

 

Other days we see how the nest elongates (like an accordian being stretched) as we make our way from PT1 across to the previous TL's seeking our new traverse level PT2.

 

IMHO, Friday is a nice example of how sub-fractals nest themselves on the way to a PT2 (on 5M traverse level).

 

IOW, While I have shown multiple fractals annotated for Friday, I think of them as sub's as we make our way to a PT2 of the traverse. So from a 5M perspective, it was one long tape moving towards 5M fractal level traverse Pt2.

 

HTH,

Share this post


Link to post
Share on other sites

 

So say a 5 minute fractal trader is examining peaks, and lets say a 5M traverse level trader is performing the routine - He/she knows what is needed first before sequences can possibly complete. We need a PT2 and a PT3 and then a return to dominance before one should look for change? yes?

 

 

Absolutely yes.

 

OK so around 10 AM we *begin* looking for PT3 on our traverse. We immediately have a pullback around 10:15 - why not label this PT3? We also have a red inside bar around 10:30 - why isn't this PT3?

 

In real time I thought the 10:15 pullback was PT3 so I ended up reversing early - I'd really like to understand why I should have avoided "taking that exit" on the road to sequences completed :)

Share this post


Link to post
Share on other sites

I can only share my views for your consideration.

 

Consider the attached picture. It contains 3 levels:

 

Tapes (Black/Red)

Traverses (Medium Green/Orange)

Channel (Thick Green)

 

If you wish, label the PT1,2,3 and FTT and consider how this applies to last weeks market formations.

 

Then ask yourself, do we have a PT2 of the latest up traverse yet... Did Friday give us a PT2 on a 5M fractal?

 

HTH

5aa7103331937_3levels.png.7183a1611a436a01038d260d4df3b71f.png

Share this post


Link to post
Share on other sites
IMHO, Friday is a nice example of how sub-fractals nest themselves on the way to a PT2 (on 5M traverse level).

 

IOW, While I have shown multiple fractals annotated for Friday, I think of them as sub's as we make our way to a PT2 of the traverse. So from a 5M perspective, it was one long tape moving towards 5M fractal level traverse Pt2.

 

HTH,

 

ehorn,then the thin lines on your price and volume panes are sub tape level annotations? such a bbt's or sub bbt's?

Share this post


Link to post
Share on other sites
I can only share my views for your consideration.

 

Consider the attached picture. It contains 3 levels:

 

Tapes (Black/Red)

Traverses (Medium Green/Orange)

Channel (Thick Green)

 

If you wish, label the PT1,2,3 and FTT and consider how this applies to last weeks market formations.

 

Then ask yourself, do we have a PT2 of the latest up traverse yet... Did Friday give us a PT2 on a 5M fractal?

 

HTH

 

Something like this ehorn?

1285543483_15_UploadImage.thumb.png.be3658ba418d07ba018c25723127f2a2.png

Share this post


Link to post
Share on other sites
Absolutely yes.

 

OK so around 10 AM we *begin* looking for PT3 on our traverse. We immediately have a pullback around 10:15 - why not label this PT3? We also have a red inside bar around 10:30 - why isn't this PT3?

 

In real time I thought the 10:15 pullback was PT3 so I ended up reversing early - I'd really like to understand why I should have avoided "taking that exit" on the road to sequences completed :)

I've written a few notes (on Ehorn's chart) for the period you enquired about.

5aa7103346025_ehornsES-5M-09242010crop.png.4e49c02ac1039114053d6bd1ba272e7e.png

Share this post


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

  • Topics

  • Posts

    • Bitcoin (BTC) Consolidates As Bears And Bulls Tussle Above $9,400 Support Key Resistance Zones: $10,000, $11,000, $12,000 Key Support Zones: $7, 000, $6, 000, $5,000 BTC/USD Long-term Trend: Ranging Bitcoin has failed to break above $10,400 overhead resistance. The bulls made two unsuccessful attempts at the resistance. In the recent one, the bears took the price to a low of $9,290 and then pulled back above $9,400. In the interim, the price is fluctuating above $9,400 and approaching the high of $9,800. As the bulls have failed to push above the overhead resistance, the pair may commence a range movement. Nonetheless, it is anticipated that if the bears break below the $9,400 support, selling pressure may resume. Meanwhile, BTC may continue the range-bound movement. BTC/USD – Daily Chart Daily Chart Indicators Reading: After the downward move of Bitcoin, the Relative Strength Index has also fallen to level 52. This simply means the coin is above the centerline 50. In other words, BTC is in an uptrend and it is likely to rise. Price broke the support line of the ascending channel. The uptrend will be in proper perspective only when the bulls break into the ascending channel. BTC/USD Medium-term Trend: Bearish On the 4- hour chart, Bitcoin now trades between $9,400 and $10,200 after the first breakdown at the $10,400 overhead resistance. The bulls tested the resistance at $10,200 twice , before the downward move. The large bearish candlesticks tested a low of $9,290. However, the small body candlesticks that follow are called indecisive candlesticks. BTC/USD – 4 Hour Chart 4-hour Chart Indicators Reading Presently, BTC is trading above a 25% range of the daily stochastic. That is the coin is in the bullish trend zone. The 21-day SMA and the 50-day SMA are sloping horizontally indicating a sideways trend. General Outlook for Bitcoin (BTC) From every indication, if the bulls fail to push above the overhead resistance, the price action in October and November will repeat itself. For the past three days, BTC is still fluctuating above $9,400. Instrument: BTC/USD Order: Sell Entry price: $9,700 Stop: $9,900 Target: $8,400 Note: Learn2Trade.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results Source: https://learn2.trade 
    • The Sharp Recovery In EURJPY Lose Momentum, Falters Beneath The Level At 121.00 EURJPY Price Analysis – February  21 The single European currency rose 88 basis points or 0.73% against the Japanese yen in the previous session. After two consecutive sessions showing strong growth, EURJPY is now losing some momentum amid JPY bulls. Key Levels Resistance Levels: 122.37, 122.87, 121.00 Support Levels: 119.99, 117.08, 115.83 EURJPY Long term Trend: Ranging The EURJPY rebound from the level of 118.46 continues to advance from the previous session, but today it has stalled. Super-speed acceleration claims that a decline from 122.87 level could have ended in three waves to 118.46 level. However, the support level formed by the intersection of the moving average of 5 and 13 at 119.90 level can support the exchange rate during the trading session on Friday, while greater advance can continue from the level of 115.83. EURJPY Short term Trend: Ranging From an analysis of the 4-hour time frame, the intraday bias is now on the rise for a resistance level of 121.15 at first. The breakthrough will be aimed at 122.87 high levels. On the other hand, a breakdown of the secondary support levels of 119.99 could change the bias towards lower testing to retest the low level of 118.46 instead. Instrument: EURJPY Order: Sell Entry price: 121.00 Stop: 119.66 Target: 121.47 Note: Learn2Trade.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results Source: https://learn2.trade 
    • What makes InstaForex a good choice is that it is a reliable binary options trading platform so the trader would not have to dread anything if he decides to choose this platform.  They offer a 24/7 consultancy support. The exclusive online support facilitates the trader to get all the help that he has been looking for so far. This means that if the trader has any questions he can put them up ready to reach a solution to his problems. InstaForex provides trading binary options on currency pairs, cryptocurrency pairs, metals, and CFDs on shares.   InstaForex Broker 2.000$ Forex / Binary Options No Deposit Bonus! Crypto Trading Available! https://binaryoptionsfree.eu/review/instaforex-broker-2-000-forex-binary-options-no-deposit-bonus/
    • CRYPTOBO Broker - Binary Options No Deposit Cryptocurrency Bonus Real 10,000 Satoshi For Free!Make Financial Bets using Bincoins and win Bitcoins!Receive 10,000 Satoshi for Free Without Deposit to bet and win!Read CRYPTOBO Review!
    • Quantower update! https://www.quantower.com/Here is what the latest version has to offer: 37 Predefined Options Strategies Volatility Smile chart for Options Series Cumulative Last Trade Size in DOM Trader Added OCO orders for Rithmic connection ________________________________37 Predefined Options StrategiesIn this release, we improved the Option Analytics panel by adding a list of 37 predefined option strategies that you can apply for analysis or trading with one click. For convenience, all strategies are divided into 4 categories: Up Trend Down Trend Volatility Based Arbitrage strategies For each strategy, you can see a general risk profile scheme, description, and structure, i.e. what options (Call or Put) it consists of. Once you have selected the desired strategy from the list, click on the “Add Strategy” button and it will appear in the bottom table “Test & Real Positions”. In this table, you can analyze several strategies at once, simply ticking off the necessary strikes.   It is important to note that all option strategies are built on the strikes closest to ATM (at-the-money). To extend the strategy profile, you need to manually add the necessary strikes via the Paper column in the options desk.Volatility Smile chartAnother improvement that we added to the Option Analytics panel is the Volatility Smile chart. It shows the implied volatility values for all strikes on the same line. This allows you to compare the value of options and understand is their overbought or oversold relative to each other. Cumulative Last Trade Size in DOM TraderChanged the display of the Last Trade Size, which was located on the price axis. In the new version, we placed Last Trade Size in a separate column and added a mechanism for accumulating trading volume, if the price did not change.For example, if the previous trade was on the Bid side, and then the latest trade is on the Ask side at the same price, then the Last Trade Size will add the value. But if the price will change on one tick up or down, then the Last Trade Size will be reset.   Added OCO orders for Rithmic connectionIn the last release, we have already added Bracket Orders, which allow you to reduce losses in case of an unfavorable trade. Today we present OCO orders (One Cancels Other), which is a widely known and popular order type among traders. Using the trading functionality of the Quantower platform, you can set two independent limit orders and combine them into an OCO group. When one of the orders is executed, the second will be automatically canceled.Additionally, for each limit order, you can set Bracket orders (SL and TP) and then merge them into a group. As ever, we’d love to hear what you think about Quantower, your feedback helps us improve whole the platform. Keep an eye out for future updates!
×
×
  • Create New...

Important Information

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