Not exactly a drill, but a question for anyone: On Friday, the 2:20 -2:40 sequence is very similar to the 3:00 -3:15 sequence, especially the last 3 bars of each. What tells you to anticipate a different result? - palinuro
Maybe you could elaborate on the similarities that you see? I can't say I see any similarities, but that does not necessarily mean that there aren't any. It might mean that I have more work to do .
For me, correctly identifying the traverse pt 3 is the key to understanding the repeatable sequence that follows. If you are confident in where you have identified your pt 3, then you should understand why those time periods have very different contexts.
Mr. Black: I notice that you annotated your 1,2,3 down channel (bars 67,68 and 70) while it is still within the the larger up channel. My inclination is to do this as well, but something Jack mentioned a while back, that reversals cannot occur within the channel overlap. So since having read that, I now try to be cognizant of this. See my attached chart. This is how I saw the afternoon yesterday. I also annotated the down channel as you did with 1,2,3's with a "?" So here is my question... Am I looking at this the right way, or am I stuck in the "Jumping Fractal Conundrum?" Anyone who may have comments as well, please jump in. Thanks.
It's a rainy fall weekend here... Good for drills (isn't every weekend though) Here is another for anyone interested. P.S. Extra credit for labeling "faster" fractals and the "type" of day (W/M/Trending)
ok, just read extra credit . . . this is what I have edit: 1) I have to get to your post Mr.B 2) my drawing skills suck on screenshots 3) I will make another pitcher of kool aid for us neoxx 4) faster fractals here are annotated as complete dom- nondom-dom traverses
lol! you are voracious Tiki... I love it! Could you be enticed into identifying potential areas for pace acceleration on L1 and L2? How about areas where internals might be observed? No end to the potential for reasoning my view attached. EDIT: I just identified some errors with where I labeled PA possibly occuring. lol!