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innersky
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Everything posted by innersky
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The post on ET you refer to, treeline says : "We know this because Points 2 and 3 of the faster fractal traverse occur inside the confines of the pink ES-only down traverse." In the chart you refer to here, there is no such comparable thing as "the pink ES-only down traverse".
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While I do agree with this, on the chart we're talking about there is no such thing as the previous down tape/traverse/channel/goat of the same weight. -- Innersky
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I always used to think that at the end of a completed fractal, one expects the same thing but in the opposite direction. -- Innersky
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chart Wednesday July 14th
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I think this image answers your question. It's on page 2 of this thread. I encourage you to read the thread if you want to learn this.
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Tuesday June 8th chart
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Is it a traverse or tape? -- innersky
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Because pt2 is not outside the previous container? -- innersky
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sure there are several fractals going on here, but that's not the point I'm trying to make. -- innersky
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LAT1 I've seen this type of lateral a number of times, and I believe it can be described like this: - order of events: the lateral starts at pt2 - context: it's a dominant lateral it has a sym pennant after creation a non-dominant lateral boundary test follows, that also happens to be pt3 - this lateral contains p2 to pt3, and a part of pt3 to the FTT - it always exits in the dominant direction For clarity I've attached the drill image and another example of this lateral type. -- innersky
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Because "The Blue Thing" is above our trading fractal? -- innersky
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Why doesn't the Blue Thing belong to this chart? -- innersky
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Could someone be so kind to post a blank today's 5min ES chart from Trade Navigator? I'm trying to compare some data. -- thanks, innersky
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In an uptrend, price making a higher high on increasing volume is a signal of change? -- innersky
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Could it be that, in the attached lateral, that at the first bar the previous sequence is complete, but that the actual signal of change happens no the third bar (the outside bar) inside the lateral? -- innersky
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Spydertrader, Do you mean the bar before bar 1 that starts the lateral? And if so, does it mean that this bar is important in the differentiation process? -- innersky
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I presumed in the past that the dominant lateral always exited in the opposite direction, and the non-domainant lateral in the same direction. Does the difference have something to do with the lateral boundary test? -- innersky
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Are they acutally labeled correctly? Isn't the first one also non-dom? -- innersky
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The first lateral starts with a dominant bar, while the second starts with a non-dominant bar, however, this bar is also an outside bar. Another difference is that the first lateral moves in the non dominant direction after the second bar, while the other lateral moves in the dominant direction after the second bar. Also the lateral boundary test is not at the same side. -- innersky
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The first lateral looks like a classic non dominant lateral. Price exits on increasing dominant volume. I only wonder if the sym pennant has to be red instead of black? The second lateral starts the same, but the sequence completes inside the lateral, after having a VE. The third lateral starts at pt3, and I think this one can be ignored as it's a dominant lateral. In other words, the first one sits between pt2 and pt3, the second one between pt2 and the FTT, the third one between pt3 and the FTT. -- innersky
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At 15:25 (the pennant) looked to me as a signal for change (the lateral has ended on the previous bar and we're back into the up trend) as it gets broken on the downside on increasing red. What did I miss here? Why isn't this a signal for change? -- thanks, innersky
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chart for October 26 -- innersky
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September 15th, after debrief...
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Romanus, when/how did you know to fan the blue up traverse? It looked like a completed sequence to me at 14:05. -- thanks, innersky
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September 10th 2009 chart
