Good stuff - I'm unable to post an annotated chart, so if someone could put one up for the discussion at hand, it'd be quite helpful IMHO. (That and posterity's sake - you know so spyder can say he made a website) So we are looking at differences in the bars of peak volume. Because of that, we need to answer where we are at in the sequence. To answer "where", we need to answer what fractal we are on. Good stuff... -Au
I am being entirely too gabby this AM (entré) and will presently shutup. To think critically about something which someone has proferred, positted, presented ..., one must accept what the person has said before one can critically assess what has been said. Only then can one dump it. My first visit to Spyder-Hersheyland lasted 3 months, from mid-November of last year till mid-February of this year. I failed to follow the precept outlined above. Since returning in mid-July, I have attempted to correct this. This of course is "M" + 'a'. There. I've said it (in Joycean fashion, 'ego te absolvo ....') and feel much better. Now on to a delicious breakiesfast and some more 'a'. I will not allow myself to be distracted from this necessary (and never-ending) task by anything except penultimate pearls of wisdom lj
regarding peak volume. perhaps you meant the 1050 bar. the 1045 bar was only the 2nd inc. bar so it doesnt meet the definition. IMHO we need an up traverse and another dn traverse before looking for change on the tree level. I did trade it as peak volume, knowing I jumped fractals and when wmcn didn't had to reverse back.
I would post a chart if I wasn't such a dumbass when it comes to such things . Having said that, it is not differences in the PV bars that is of concern, but rather where in the sequence they occur. With the location of PV in this sequence, did we have permission to look for change. Was the sequence completed for the trading fractal you are on?
Thanks bi9foot! I am not so good at multi tasking I have been thinking about this one lately too. OB and how stirrups are the analysis tool Come on guys... Offer up some wisdom on this concept!
Stay focused on the task at hand. How does guavaman's post illuminate the terrain in which you currently find yourself deployed? - Spydertrader
I thought we had to have 3 inc bars, maybe it was just an increasing slope over 3 bars. I don't always interpret things correctly which leads to lack of confidence, which leads to posting fear, which leads to not posting. back to lurking
Sorry, I got a little excited there. At the time of your response, Since the Channel sequence has not completed, I was anticipating a non-dom retrace (traverse) on the ES-5M fractal.