There must be at least three traverses to form a channel; however, there is no upper limit. As long as PA is in action, the channel will be...
IMO, 13:35 is P2 of the up traverse and there is LM from 13:35 to 14:05. LM FBO at 14:05 forms P3.
Three up channels are broken, but the super up channel is not broken yet. To hold through all the laterals between 10:35 and 13:40 is not easy.:)...
Thanks Palinuro. After reviewing Guava's chart, I can see you guys annotated a big LM. Should we have LM at the end of traverse and beginnning of...
I think you are right. Bar 15:20 and 15:35 IBVs are pennant BOs. B2B cannot be confirmed. Could you please explain why 11:55 bar is p2?
13:40 bar is DU and 13:45 is PA. The following pink traverse has 13:45 - p1, 14:00 - p2 and 15:05 - p3. 14:00 bar confirms B2B and 15:05 and...
I can count all sequence within it. That's why I think it's 5 min traverse. Guava? IMO, if it closes above previous bar on DBV, then is JW signal.
IMO, the 15:35 bar confirms B2B, however, one might consider it as unknown due to FTP breakout. This is the area that I am confused most of time....
I don't think the green channel is valid. There is only a non-dom up traverse in the Red down channel. I might be wrong though.
Here is my analysis for today. Comments are welcome. The market completed p2 to p3 move at 10:20 and the first down traverse (started at...
Here is my view of today. I only annotated 5 minutes traverses and channels. IMO, the up channel was completed and the first down traverse is...
In reviewing the journal, I am confused with the chart dated 2008-01-07. I think all 1/2/3 traverses are fast fractal traverses. Can Spydertrader...
This is how I see the sequences of the down channel.
Thanks Spyder and Mr Black for the direction and explanation. Now I know I need to wait until the domino start falling before taking action. I am...
I have pointed out all peak volumes in today's chart. Can anyone shed some light on why the first and the third one failed? Thanks.
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