It turns out that none of the above since WE HAVE A DEPEDNECY ON "CONTEXT". What I did was take what I was given and "work" my way to have "CONTEXT". as it came into the picture, forged ahead doing the "work" to KEEP THREE NESTED FRACTALS IN MY TRADING FOREVERMORE. With this helpful established context and even the post 01SEP09 context at hand, we are amply prepard to take the maket's offer and be very aware that putting point 3 in for the Depression is coming upon us. NOW the illiquid securitization markets are coming into better view and some federal agencies ar beginning enforcement again, Congress is considering the economy and the matter of formalizing regulation in a kind of more transparent manner. Interesting side note: The global rating process seems to be waking up too. Many foxes are still occupying a lot of chicken coops, however. As we see the solar system plane is comming into alignment with our galaxcy plane and the earth's crust is getting more and more tectonic workouts under way (earth quakes and volcanos). See Mayan calendar for alignment day. we can look forward to the asteroid belt between us an Mars waking up (there is a real zinger that will be making 5 laps evercloser and it is bigger than the dinosaur slasher), too, Iceland's twin could be activating. the ring of fire buddies are activating (75 K back one killed all but 75K of living humans hence our very narrow gene pool) and good old Yellowstone which is the biggest and most overdue cardera getting up to speed. The offshore pressure in the exploratory newly punctured oil dome exceeded the upper limits of well head automated protection (where were the thermal detectors, for example??). Footnote: Tucson amateur trader's office begins this week. 130 anniversary of Corondulet nun's arrival in Tuscon in a couple of weeks.
her's DKM 107 8 for carryover debriefing on three nested levels. David, your posts are correct as of late.
Which is why Spyder was forever saying "in this specific example." While I was trying to narrowly address the pennant to OB annotation/situation, because so many have had trouble with properly annotating an OB, this illustrates why it (like most other things) can't be reduced to a hard and fast rule. Context. Thanks. Regards - EZ
OK. First attempt to group faster fractal tapes into Trading Fractals (TF). The day begins with a carry over TF1 with its FTT on bar 4. TF2 ends at bar 15 with ftt of 3rd faster fractal, creating p1 of TF3. The first faster fractal ends at bar 19 with ftt, and bars 19 and 20 form the rtl of our short faster fractal. This is where I hit a problem. We do not appear to have an ftt on bar 20 yet bar 21 clearly creates an up tape so I would expect my TF RTL to connect low of bar 15 to low of bar 20 (thick dashed black). Bar 22 is my long ftt so I would be expecting a short TF to begin here. Bar 23 is a sym, bar 24 is a stitch, with a low equal to the low of bar 22 so I cannot draw an rtl for a new short faster fractal tape. The high of bar 35 (11:35) exceeds the high of bar 22 (green line) so I am forced to fan the RTL of TF3. However, I would expect to be short from the ftt at bar 22 so I am upside down. Bar 25 and 26 give me a new rtl and an ftt on bar 26. Bar 27 has LH LL and creates a short rtl which gets fanned to the high of bar 28, giving me a horizontal rtl as we leave the ftt and FTT behind at bar 26. I am now looking to create TF4 with short, long, short (dom, nondom, dom) faster fractal tapes. Things get interesting at bar 36 with sequential ftp, sym, ob,ftp, ftp, through which I assume we fan our rtl, across to bar 40. Bars 41 and 42 accelerate the rtl, with an ftt on bar 42. Bar 43 creates an up tape with ftt and bar 44 a down tape with ftt on bar 45, thus creating TF4. TF5 seems straightforward with ftt and FTT on bar 58. Bar 59 begins TF6, and our first ftt occurs on bar 63. The non dom long ftt occurs on bar 66. Bars 67 and 68 create the 2nd dom leg of our short TF and we get ftt on bar 69. This is where I would expect long TF7 to begin but there is no opportunity to draw a long rtl before the low of bar 69 is exceeded by bar 74 (green line), so my TF6 RTL cannot be correct. Once again I am upside down on bar 74.
Using the same principles on the 15 min chart suggests that TF6 RTL should be fanned out to bar 71 on the 5 min.
Enclosed please find my attempt to build traverses and channels from tapes. One area in that chart where I was not 100% sure is the end where I highlighted it with a blue rectangle. Even though I drew the magenta channel I suspect that it is not the real channel but something even slower. Maybe somebody can give me some hints? Thanks