Lateral movement

trader1974 · Apr 17, 2020

But .... have you made money? Do you already have the Ferrari?

Specterx · Apr 17, 2020

Simples said:
View attachment 225317
I'm on demo. By playing demo I've learned that every bar builds tick by tick, every bar start lateral and straight parallell lines are helpful to properly contain ranges of bars. To simplify, I've illustrated an advanced kind of RTL above. LTL added would reveal FTT (Failure To Traverse). This is just half the picture though. Volume bars are needed as well, in order to correctly anticipate the market. Without volume you're just chasing price, and lack enough context for correct timing. Annotations build context and you need at least three fractal levels in order to get the full immediate structure to use for making trading decisions in realtime.
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....Jack?

ironchef · Apr 17, 2020

trader1974 said:
But .... have you made money? Do you already have the Ferrari?
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@murray t turtle does not have a Ferrari, he has a TSLA.

Just kidding @murray t turtle hates TSLA.

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Lateral movement

trader1974

Specterx

ironchef