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Ezzy
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Everything posted by Ezzy
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That could be it. I usually use the Channel tool for the real small tapes, stitches or taping to OB. That would flip flop the control line. Thanks - EZ
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I squeeze the chart setting too, but only to fill in past traverses, channels. Not during the trading day. Sometimes even changing it to a 10 or 15 min. The issue is when deleting past annotations to keep TN from bogging down. Depending on where we're at I may need several days of channels or traverses to keep my bearings. A nice tool would be to be able to select certain days, or use a box to select areas to delete annotations. Instead of only being able to delete everything. That said, the newer version of TN doesn't seem to be as bad and I've gone a couple weeks before deleting annotations. If you haven't upgraded in a while it's worth it, plus getting the new tools. Regarding moving prior annotations with the gap removal, I was under the impression they were working on it - but don't hold your breath. Regards - EZ
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FWIW, I believe he was referring to a "married" doji, where the doji's open/close = prior close. There is an example 2 bars later at 14:55. 13:45 is another nearby example. On the June contract 14:20 - 14:30 are all married doji's, but viewed them differently due to volume/sequences. Not sure if Spyder had certain "contexts" in mind when he mentioned them. Maybe he could clarify?
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No, you were asking about bar 63, how you would know on that bar. 14:20 is where I see the end of the previous move, and start of the first B2B. 14:20 - 15:20 is a higher level B2B. Sorry, I don't do bar numbers, one less thing to worry about. Regards - EZ
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Now we're in trouble :o
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The thick purple channel is most likely a traverse. Got tired of working with skinny line weights so bumped it all up a level. Re-worked this several times, it may still be wrong so buyer beware.
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B2B coming out of the lateral.
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It's very possible I incorrectly annotated this area and 15:45 to 16:05 is a dec red sequence ending at 16:05. You have to go fine to see this, but there could be an R2R2B2R sequence there. It will really mess with your 5min gaussians if you try to draw that in . I didn't annotate a lateral as we didn't have the volume drop off that usually accompanies one. But again that could be an error, end of day volume being questionable. Somewhere between 16:05 and 9:35 is another B2B. However you slice it 9:35 to 9:50 is inc black. Even with volume slowing the cycle is continuing higher. I don't have 10:00 as an IBGS. But they can happen on decreasing volume.
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Gaussian annotation should go to where the peak or trough of price is. Sometimes volume peaks before or after this, but that's the way to annotate.
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The tools work great. The charts are so much cleaner than when using the copy pattern tool. One little glitch when using the freeze slope tool. It works fine for trend lines. But if you use TN's trend channel, sometimes the channel will rotate at a fast rate, instead of extending/shortening. If it does that use the end of the other trend line instead. There's no rhyme or reason, sometimes the LTL does it, sometimes the RTL. And it's not the top or bottom one consistently. Couldn't nail down any consistent pattern. So if grabbing one line is a problem, use the other.
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This may be difficult but could you elaborate a bit more, especially on the pace. Larger pace changes make things more obvious. But during low volume when there are several fractal levels down, it seems it would be difficult if only using volume. So I would imagine there are a few not so obvious volume observations that you are using? Think Spyder said once he would take pace lines off his chart if he could. Obviously he can, but "probably" meant they aren't necessary. So the lines being a crutch to the rest of us, there has to be certain characteristics independent of the lines/pace levels that are clues (volume inc/dec and accel/decel vs. pace line level jumps). Trying to look deeper here to see what you're seeing and find what other information might be being overlooked. Regards, EZ
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It sounds like you are trading the pt2 to pt3 swing. It that what you were referring to?
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If you have 10:35 on 2-10 as a Pt1, go B2B to 13:30 Pt2, then 13:30 to 9:50 on 2-11 is decreasing red to Pt3. Now, if you have 13:30 as a Pt3 down, then your view makes more sense and works out a bit cleaner.
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This should work for you. Regards, EZ
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Using snippets this short, much of the context and order of events is missing. It is really only useful for differentiating the object.
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Yes there can. Didn't try to do them all, ran out of line weights. For example another one starting at 12:55. But I not convinced that the one added at the end of day 15:55 still needs 2 more legs. Though it certainly appears to. It may be finished and we can't see it at this level, and the last bar of the day is change. We'll know Monday. There are blue markers where the gaussian sequences come together. The finishing leg of the smaller fractal is drawn in. Usually you don't "see" that finishing leg as it gets absorbed into the 2nd half of the R2R or B2B. It makes annotating cleaner when it's absorbed, but there are still some people who have confusion on how they sync, or come together. So seeing it drawn this way may be of help.
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Today's chart. Medium weight gaussians are building (inside) the medium weight traverses.
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Four laterals for today. (Edit: Make that five) The last one forms with both dominant and non-dominant boundaries.
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I know what you mean. This reply from Spyder was helpful in the way I viewed Dom/Non-Dom: http://www.traderslaboratory.com/forums/34/price-volume-relationship-6320-31.html#post87580 My previous view of the retrace (referred to in the link) was it was non-dom retrace, and so was the lateral which formed within it. But it was DOM on the retraces fractal, the retrace went B2B. So you could "almost" say any lateral forms in the dominant direction of something. We had a b2b, so we had a dominant direction. If formed post pt3 of that b2b, we're still dominant of something. If it started non-dom of that fractal only then would it be considered a non-dom lateral. It may be self evident, but it was an aha for me. So the "larger", big picture, whatever, order of events weren't as much of a factor in this case. And agree differentiating can get really screwed up if your context is wrong and comparing apples to oranges. Happens to me a lot, especially when you don't know you're doing it believing you have correctly annotated a chart - it really can get you :frustrated: In some cases the context won't matter as much, but yeah, your not alone.
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FWIW, 12:50 today was another conforming lateral.
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Yes, no one should read anything into the gaussian weights in the pic, as they are just showing 2 levels, not tape - traverse. To David's question, this area threw me because I was looking for increasing volume to confirm a point 3, for the last 2B. Is that not the case for sub-fractals? We can see the price movement only on the 5 min for this example.
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How's this for b2b? Sequence ending at 9:55.
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I don't understand why the 1st bar of this lateral is dominant, and had categorized it as non-dominant because it was a 2 to 3 of the previous down move ending 16:05 Friday. And it closed in the presumed non-dom direction. Are you saying 16:05 to 10:05 was a dominant move and not a non-dom retrace, with the lateral's 1st bar closing dominant (long)? Or is it Dominant for it's fractal only? Or Dominant because the first part of the bar made a lower low 1st (and 16:05 to 10:05 was non-dom) in the dominant direction?
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Not to throw this off topic, but the OB broke (FBO) the bottom boundary 1st, then reversed up to the top of the lateral, and closed below the open.
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67 does not. The other ones do. I posted the corrected chart here: http://www.traderslaboratory.com/forums/34/price-volume-relationship-6320-30.html#post86620 It also gives you a bonus lateral, one on the next day, that is the same. And one later that day that isn't. These two were mention in the post before the chart and so were included. The Green circles are all conforming laterals.
