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patrader
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Everything posted by patrader
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Cleaned up the "example of slow fractal" (see attached).Corrected some of the price and matching volume bars to have correct bar coloration.Added the slightly faster nested gaussians.I believe this is same fractal weighting used by jbarnby's in the 10-3-2012 purple thick down container(traverse).One interesting side note is the placement location of the "trough" of R2R of traverse.There is some comments by spydertrader where the location of the R2R traverse trough may be located starting on http://www.traderslaboratory.com/forums/technical-analysis/6320-price-volume-relationship-271.html post #2167.hth
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B2B2R2B and R2R2B2R.Reference materals are forestgaussians.pdf (http://www.traderslaboratory.com/forums/e-mini-futures-trading-laboratory/5920-ideal-volume-channel-up-down-4.html#post66298)posted by spydertrader in Ideal Volume in Channel UP/Down(post #32) and Avi 8 post #2195 in this thread http://www.traderslaboratory.com/forums/technical-analysis/6320-price-volume-relationship-275.html
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Interestingly enough what i believe is the best examples by spydertrader of sequences are not in this thread but a short lived earlier thread(Open and Free Discussion on Volume).It appears that the fractal encased by thicker purple trendlines in the 10-3-2012 chart by jbarnby corresponds to the slow fractal example.hth
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Jbarnby,just came across this in the thread and want to thank you for posting this big time.What a huge AH HA.I have attached a chart with volume of the same day so the PEAK VOLUME (which is not labeled on that chart but should have been with a P) can be seen on that bar (keep in mind its the 12:10 bar on that chart due to the labeling of time being off by one hour).hth
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Continuing the refinement of possible ways a lateral formation are terminated (killed) i have found that ibgs's on increasing volume where the ibgs breaks outside the boundary of the lateral does kill it (no matter where the close of the bar).Ibgs's on increasing volume where the high/low are fully inside the lateral boundaries do not kill it.Ibgs's on decreasing volume do not kill a lateral.OB's(outside bars) also follow the same rules as ibgs's when the ob is also an ibgs.hth
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Here is my latest refinement of ways a lateral can be "killed" (with enlightment from jbarnby). The lateral formation continues until terminated with two closes outside the Lateral boundaries (created from the High / Low of Bar 1) - except where the 'two closes' form a 'flaw' (internal formation) and the second bar of this internal is on DECREASING VOLUME.In such a case, we require a 'third' close outside the lateral boundary in order to have reached 'termination' of the previous lateral.If the second bar of the internal formation is on INCREASING VOLUME then the lateral is terminated (killed) and does not require the "third" close outside the lateral boundary.hth
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jbarnby,thanks again for your comments.I have many questions but will keep it to one question at a time.Hopefully they're not too complicated to answer here.10-3-2012 at 14:30 est i believe the market completed a down tape fractal (where you placed directly below this bar a purple "2"). Would this be correct?
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Jbarnby,thank you for posting your charts.10-3-2012 at 14:30 est i believe the market completed a down tape putting it at PT 2 of the down traverse.Then two black bars later you put the traverse level PT 3 and annotated a thicker traverse rtl.In this case there was a break of the down tape rtl on ibv on 14:40 est.I believe this increasing black volume bar coupled with the final push down on irv created the traverse fractal.Would this be correct? If in this exact same situation with the only difference being neither 14:35 or 14:40 est were on ibv would the market still create a down traverse or would the fractal stay a down tape (just be fanned)? Tia
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Jbarnby,thank you for that frank reply.You are so correct about the nature of this journey.I think spydertrader had a few reasons for posting this channel drill.One is the huge difference in the amount of days it takes the market to complete "the exact same event" and the hope this would be a wake up call for those learning this method.I believe these "events" spydertrader is referring to are channel fractals.The first event (beginning with 10:10 AM on 7-13-2009 and continuing through until 15:30 PM on 8-5-2009) i think is an up channel fractal event.The second event(15:30 PM Bar on 8-5-2009, move forward until 13:30 PM on 8-11-2009) a down channel fractal.Could it be said that "It doesn't appear you need my help at all" ? Tia
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1-10-13 with volume included for comparison.hth
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Second known entity charts.Thick dark blue vertical lines are start and finish.hth
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First 18 day known entity.Thick dark blue vertical lines are start and finish.hth
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Jbarnby, thanks for your comments and posts.In the attached chart from post #3708 the 12:05 est bar (see lite blue arrow pointing to this bar) appears to be the lateral formation kill bar.Two bars out of lateral formation does kill a lateral formation but the exception is when the second bar out forms a flaw (internal formation).I believe that is a fbp(internal formation) but i did notice the second bar is increasing black volume.Hmm.Could you enlighten me as to what killed that lateral formation and am i reading that correct that the lateral formation was killed on that bar.Tia
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Filtertip i may be wrong but compared to my charts looks like your missing the first hour of 5m bars.hth
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Examples of VE in the Zone,VE NOT in the Zone and current bar VE in the ZONE after previous bar VE NOT in the ZONE.hth
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VE – Volatility Expansion(see attached) – ‘pushing out’ of the Left Trend Line refinement starts with the "zone" in this case the thicker trendline container's "zone"(see attached).Market needs a close on or beyond the ltl on the v.e. bar at bar close to be in the "zone"(see attached).hth
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Internal formations with increasing volume on second bar annotated.Ftp's and fbp's are annotated accordingly no matter what the second bar color.Sym's and eh's the annotation varies depending on color of second bar.hth
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Attached is my annotation for bar 74-76 on 12-26-12 ES.I have broken the three bars down into pieces how i would annotate it.The first 2 bars form a case B which i annotate.Then the last 2 bars form a case F(fbp) which i annotate.Notice how the fbp is annotated with downward sloping trendlines even though the second bar of the fbp is a black bar.This is a purely mechanical annotation simply because its a case F(fbp).The second bar of the case F can be either red or black and the annotation is the same.Next i show the annotations of each case combined.Finally i show a "merged" version of the two cases together.So how does this benefit us to annotate the cases? Can each annotation give us insight into the market's latest movement.How does the annotation of internal formations fit into all this? Notice if you only annotate the case B(see attachment) a trader may misinterpret the close outside the case B's rtl on increasing black volume as a change in trend.If the case F is annotated there is no close outside the rtl because you use the top of the fbp to annotate the rtl.The market would need at least another bar to close outside the case F's rtl.I have found annotating the cases combined with the overall read of the trend to be indispensable.The purpose of posting all the different combinations of cases was in the hope others may find value thru the refinement of annotating the cases.hth
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SK0 in post #3668 you stated that "if I know 1st bar is XR,I do not need to consider prior bar (& the annotation). I know sentiment change occurs when 2nd bar is of any type of Inside Bar of Increasing Volume,Black or Red." See the attached three bars from 12-26-12 ES.Bar 74/75 is XR (case B) on Increasing red volume.Bar 75/76 is "Inside bar" (fbp) on Increasing black volume.Market then continued down(see second attachment).Could you please comment on this example?
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Here is a simple suggestion on how to "see" and practice annotating the 2 bar cases.In your charting platform turn off the open and close of each bar.Instead of using bar graph type OHLC(open,high,low,close) just use HL(high,low).Focus on correctly annotating each case.Notice how the market forms the 2 bar cases using different colors.Annotate the 2 bar cases till you see them in your sleep.Then when you return to OHLC you will still "see" each 2 bar correctly and be able to annotate them.Attached is 12-21-12 HL.hth
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12-21-12 with 2 bar cases(except decreasing volume internals) and lateral formations annotated.
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Keeping it simple here is friday 12-21-12 with the two bar cases annotated(except internal formations with decreasing volume on second bar).Ask yourself do you really see each and every 2 bar case no matter what the colors are of the bars? Are you annotating at this basic level correctly? hth
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Decreasing black volume Case A followed by an internal formation with Increasing Red volume on second bar (last bar in examples) of internal formation.No fan of the up rtl of the case A due to the fbp's and eh's second bar(last bar in their examples) being red.hth
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Small addition(third example from the left side) to attachment in post #3673.Needed to fan the up rtl of the case A to bottom of last bar due to the fbp's second bar(last bar in this example) being black.So even though the fbp (internal formation) is annotated in red the overall container is still black.When this occurs i usually will annotate a fbp like this with gray trendlines instead of red to visually tell me the black container is still in play.hth