Thank you for the chart. Would I be correct in stating that 11:10 represents a signal for change (Peak Volume) which ended the first pink traverse of the red channel and began a Lateral Traverse?
Hey guys, Please keep all software specific (i.e., Trade Navigator, QCharts, eSignal, etc.) related discussions in the thread set up for that in the Software Forum: Software Used to Trade Jack Hershey Methods
I noticed that when a lateral traverse follows, often the sequence completion seems not to be followed by a traverse level change signal ... This is an useful signal to hold through it ... ... I'd say that 1110 can't be Peak Volume for all the reasons, excepting its accelerated volume slope
Spydertrader From yesterdays chart I was wondering about the B2B it did not match up on the traverse level. Was it because it was in a Lateral Retrace?
Focus lately has been on tape drawing. Not trying to change the methods, just trying to see if I can find a way to see the market easier. Thick tapes are inc volume. Thin are decreasing. I removed a few of the dec. vol tapes that were contained inside a inc vol tape. I've been taking a blank chart EOD and drawing tapes in hindsight in an attempt to see how they are drawn in different situations to contain price. For now I start new tapes on OB's. Some bar patterns I use the ltl. Whichever makes sense to contain price. I think the pace changes may be more important to annotate in the tapes than just a little inc. volume bar. any thoughts?