Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

Recommended Posts

It's interesting to notice that your blue up channel's pt2 black volume is a little smaller than its pt3 red volume.

 

Yes... This alternate view is similar to Gregor_S's.

11062009.thumb.jpg.9d71b7d2ec933a4584e5a8f7b227c5cb.jpg

Share this post


Link to post
Share on other sites
My chart for today, one trade, 11 points. I just held all day.

 

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

Share this post


Link to post
Share on other sites
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

 

FWIW, I observe the following:

 

The lateral was dominant and volume gives increasingly higher peaks into the entry (i.e. no spike). The pennant was formed by decreasing volume. Pennant BO's typically create Increasing volume. The first bar was Pennant FBO on IRV followed by BO on DRV (Jokari?), followed by IRV with decreased volatility.

 

P.S. Nice trade sscott...

Share this post


Link to post
Share on other sites
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

Fractal? Context? ...

Share this post


Link to post
Share on other sites
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

 

FWIW, from my point of view, there was a short term change there. Tape up to then, tape down to 15:40, and up to 10:35 today to finish an up traverse.

 

FWIW, I observe the following:

 

The lateral was dominant and volume gives increasingly higher peaks into the entry (i.e. no spike). The pennant was formed by decreasing volume. Pennant BO's typically create Increasing volume. The first bar was Pennant FBO on IRV followed by BO on DRV (Jokari?), followed by IRV with decreased volatility.

 

P.S. Nice trade sscott...

 

@ ehorn, can I assume the peaks you were talking about are at 14:25, 14:40 and 14:50?

 

@ cnms2, there hasn't been much discussion here on peak and trough analysis, except for your post noting peaks some time back. What have been your observations regarding them?

Share this post


Link to post
Share on other sites
... @ cnms2, there hasn't been much discussion here on peak and trough analysis, except for your post noting peaks some time back. What have been your observations regarding them?
Not sure what you're asking ... Volume bars, peaks, peaks of peaks, through their absolute and relative levels define moves on all fractals. They help you stay on your fractal of choice. Although a skilled trader can probably trade almost whatever observable fractal he wants on any chart, for any given chart resolution there's an optimum tradable fractal that I believe to be the traverse level, or L2.

Share this post


Link to post
Share on other sites
Not sure what you're asking ... Volume bars, peaks, peaks of peaks, through their absolute and relative levels define moves on all fractals. They help you stay on your fractal of choice. Although a skilled trader can probably trade almost whatever observable fractal he wants on any chart, for any given chart resolution there's an optimum tradable fractal that I believe to be the traverse level, or L2.

 

For example, generally you have rising peaks in the dominant direction and declining troughs in the non-dom direction. Though you have to take into consideration the typical midday declining volume pattern.

 

But on the ehorns blue traverse you mentioned a pt3 had a slightly higher volume peak than the pt2. A pt3 is typically a volume trough, and I would be looking at the peaks post pt3 to compare to a pt2 peak. Comparing dominant to dominant. This should apply to all fractals. So I would assume you were comparing the lower level fractal peaks at the end of those legs (of ehorn's blue up goat). And using those to suggest the non-dom 2 to 3 originally annotated might have been a dominant leg.

 

So short version, wanted some clarification rather than going on assumption on what you meant, and why. And do you have a differing view or other insights to add on reading the volume peaks and troughs?

 

Regards - EZ

Share this post


Link to post
Share on other sites
For example, generally you have rising peaks in the dominant direction and declining troughs in the non-dom direction. Though you have to take into consideration the typical midday declining volume pattern.

 

But on the ehorns blue traverse you mentioned a pt3 had a slightly higher volume peak than the pt2. A pt3 is typically a volume trough, and I would be looking at the peaks post pt3 to compare to a pt2 peak. Comparing dominant to dominant. This should apply to all fractals. So I would assume you were comparing the lower level fractal peaks at the end of those legs (of ehorn's blue up goat). And using those to suggest the non-dom 2 to 3 originally annotated might have been a dominant leg.

 

So short version, wanted some clarification rather than going on assumption on what you meant, and why. And do you have a differing view or other insights to add on reading the volume peaks and troughs?

 

Regards - EZ

Firstly: I believe that the only source to learn this stuff from is directly from Spydertrader's words (posted and spoken). Somebody else's interpretation may help, but it's more likely that it will introduce something inconsequential or even incorrect. Having said this, I also believe that sharing personal points of view, when taken at their face value can be useful. Occasionally people become defensive, sometimes delusional, but overall Spydertrader's forums proved to be of the highest quality.

 

Secondly: it is again my opinion that although all the information posted by Spydertrader and by Jack is of the highest value, to benefit from it the student have to carefully look at it both in the historical context it was posted, as well as at his own level of understanding of the method. Not all the aha's we have are real aha's that will stand the test of time ... and market. There are some nuances, even differences, between how Jack and how Spydertrader seem to trade. There is also different emphasis on certain elements of the systems presented in this forum and elsewhere. I believe that almost exclusively relying on what Spydertrader posted in this forum is a complete and profitable system.

 

Now, trying to quickly reply to your question: looking at ehorn's and rs5's charts from that day, I thought that both came to about the same conclusion on a fractal, but differed how they went to the next higher fractal. To me, it looked that ehorn's blue up goat wasn't probable because its pt2 and pt3 didn't fit the volume.

 

I believe that faster fractals show as volume formations having smaller amplitude, absolute and / or relative to slower fractals. The actual volume we see results from the superposition of all existing fractals.

 

In that particular case, it looked that we had a complete retrace down, and the resumption of the up dominant move at the end of the day (that itself is a retrace of the next higher fractal move). The blue up goat suggested, in my view, otherwise. If memory serves me well, that day was a down retrace, and the up move in the middle of the day was a retrace in that down retrace.

 

When considering the relative volumes of the pt1, bo, 2, 3, ftt, we should keep in mind that on different fractals a through might correspond to a peak. Still, it seems that always the picture, when correctly analyzed, is correct for each fractal observable on every chart. Obviously the typical pace throughout the day has to be factored into our analysis.

Share this post


Link to post
Share on other sites
My view of last traverse sequence. As usual, comments welcome.

Thank you for posting your chart. Is your magenta a traverse? how did your figure out "sequence complete" is at 14:45? Your skinny gaussians don't seem to match any trendlines.

Share this post


Link to post
Share on other sites
Thank you for posting your chart. Is your magenta a traverse? how did your figure out "sequence complete" is at 14:45? Your skinny gaussians don't seem to match any trendlines.

 

Yes, I use Spydertraders old medium blue/magenta color codes for traverses.

 

It is the first increasing red volume bar in the 3rd tape after point 3 of the traverse, hence I label it sequence completion.

 

Re: my skinny gaussians, remember that what is inside a lateral, is a different ballgame than outside. I especially use dominant laterals to "extend" my tapes in period of congestion/chop. In these situations, you can go down the rabbit hole and annotate 4th or even 5th level gaussians if you want (I don't :))

Edited by FJK

Share this post


Link to post
Share on other sites
Looking only at the volume pane: trends and peaks.

Is this what you understand the gaussians should look like? If not, would you please post you chart. Thanks

5aa70f58c8080_cnms2gaussians.thumb.png.7119153ca0187d0e8f2ccf48d0423aee.png

Share this post


Link to post
Share on other sites
Guest
This topic is now closed to further replies.

  • Topics

  • Posts

    • NFLX Netflix stock watch, local support and resistance areas at 838.12 and 880.5 at https://stockconsultant.com/?NFLX
    • NFLX Netflix stock watch, local support and resistance areas at 838.12 and 880.5 at https://stockconsultant.com/?NFLX
    • Hello citizens of the U.S. The hundred year trade war has leaked over into a trading war. Your equity holdings are under attack by huge sovereign funds shorting relentlessly... running basically the opposite of  PPT operations.  As an American you are blessed to be totally responsible for your own assets - the govt won’t and can’t take care of you, your lame ass whuss ‘retail’ fund managers go catatonic  and can't / won’t help you, etc etc.... If you’re going to hold your positions, it’s on you to hedge your holdings.   Don’t blame Trump, don’t blame the system, don’t even blame the ‘enemies’ - ie don’t blame period.  Just occupy the freedom and responsibility you have and act.  The only mistake ‘Trump’ made so far was not to warn you more explicitly and remind you of your options to hedge weeks ago.   FWIW when Trump got elected... I also failed to explicitly remind you... just sayin’
    • Date: 7th April 2025.   Asian Markets Plunge as US-China Trade War Escalates; Wall Street Futures Signal Further Turmoil.   Global financial markets extended last week’s massive sell-off as tensions between the US and its major trading partners deepened, rattling investors and prompting sharp declines across equities, commodities, and currencies. The fallout from President Trump’s sweeping new tariff measures continued to spread, raising fears of a full-blown trade war and economic recession.   Asian stock markets plunged on Monday, extending a global market rout fueled by rising tensions between the US and China. The latest wave of aggressive tariffs and retaliatory measures has unnerved investors worldwide, triggering sharp sell-offs across the Asia-Pacific region.   Asian equities led the global rout on Monday, with dramatic losses seen across the region. Japan’s Nikkei 225 index tumbled more than 8% shortly after the open, while the broader Topix fell over 6.5%, recovering only slightly from steeper losses. In mainland China, the Shanghai Composite sank 6.7%, and the blue-chip CSI300 dropped 7.5% as markets reopened following a public holiday. Hong Kong’s Hang Seng Index opened more than 9% lower, reflecting deep concerns about escalating trade tensions.           South Korea’s Kospi dropped 4.8%, triggering a circuit breaker designed to curb panic selling. Taiwan’s Taiex index collapsed by nearly 10%, with major tech exporters like TSMC and Foxconn hitting circuit breaker limits after each fell close to 10%. Meanwhile, Australia’s ASX 200 shed as much as 6.3%, and New Zealand’s NZX 50 lost over 3.5%.   Despite the escalation, Beijing has adopted a measured tone. Chinese officials urged investors not to panic and assured markets that the country has the tools to mitigate economic shocks. At the same time, they left the door open for renewed trade talks, though no specific timeline has been set.   US Stock Futures Plunge Ahead of Monday Open   US stock futures pointed to another brutal day on Wall Street. Futures tied to the S&P 500 dropped over 3%, Nasdaq futures sank 4%, and Dow Jones futures lost 2.5%—equivalent to nearly 1,000 points. The Nasdaq Composite officially entered a bear market on Friday, down more than 20% from its recent highs, while the S&P 500 is nearing bear territory. The Dow closed last week in correction. Oil prices followed suit, with WTI crude dropping over 4% to $59.49 per barrel—its lowest since April 2021.   Wall Street closed last week in disarray, erasing more than $5 trillion in value amid fears of an all-out trade war. The Nasdaq Composite officially entered a bear market on Friday, sinking more than 20% from its recent peak. The S&P 500 is approaching bear territory, and the Dow Jones Industrial Average has slipped firmly into correction territory.   German Banks Hit Hard Amid Escalating Trade Tensions   German banking stocks were among the worst hit in Europe. Shares of Commerzbank and Deutsche Bank plunged between 9.5% and 10.3% during early Frankfurt trading, compounding Friday’s steep losses. Fears over a global trade war and looming recession are severely impacting the financial sector, particularly export-driven economies like Germany.   Eurozone Growth at Risk   Eurozone officials are bracing for economic fallout, with Greek central bank governor Yannis Stournaras warning that Trump’s tariff policy could reduce eurozone GDP by up to 1%. The EU is preparing retaliatory tariffs on $28 billion worth of American goods—ranging from steel and aluminium to consumer products like dental floss and luxury jewellery.   Starting Wednesday, the US is expected to impose 25% tariffs on key EU exports, with Brussels ready to respond with its own 20% levies on nearly all remaining American imports.   UK Faces £22 Billion Economic Blow   In the UK, fresh research from KPMG revealed that the British economy could shrink by £21.6 billion by 2027 due to US-imposed tariffs. The analysis points to a 0.8% dip in economic output over the next two years, undermining Chancellor Rachel Reeves’ growth agenda. The report also warned of additional fiscal pressure that may lead to future tax increases and public spending cuts.   Wall Street Braces for Recession   Goldman Sachs revised its US recession probability to 45% within the next year, citing tighter financial conditions and rising policy uncertainty. This marks a sharp jump from the 35% risk estimated just last month—and more than double January’s 20% projection. J.P. Morgan issued a bleaker outlook, now forecasting a 60% chance of recession both in the US and globally.   Global Leaders Respond as Trade Tensions Deepen   The dramatic market sell-off was triggered by China’s sweeping retaliation to a new round of US tariffs, which included a 34% levy on all American imports. Beijing’s state-run People’s Daily released a defiant statement, asserting that China has the tools and resilience to withstand economic pressure from Washington. ‘We’ve built up experience after years of trade conflict and are prepared with a full arsenal of countermeasures,’ it stated.   Around the world, policymakers are responding to the growing threat of a trade-led economic slowdown. Japanese Prime Minister Shigeru Ishiba announced plans to appeal directly to Washington and push for tariff relief, following the US administration’s decision to impose a blanket 24% tariff on Japanese imports. He aims to visit the US soon to present Japan’s case as a fair trade partner.   In Taiwan, President Lai Ching-te said his administration would work closely with Washington to remove trade barriers and increase purchases of American goods in an effort to reduce the bilateral trade deficit. The island's defence ministry has also submitted a new list of US military procurements to highlight its strategic partnership.   Economists and strategists are warning of deeper economic consequences. Ronald Temple, chief market strategist at Lazard, said the scale and speed of these tariffs could result in far more severe damage than previously anticipated. ‘This isn’t just a bilateral conflict anymore — more countries are likely to respond in the coming weeks,’ he noted.   Analysts at Barclays cautioned that smaller Asian economies, such as Singapore and South Korea, may face challenges in negotiating with Washington and are already adjusting their economic growth forecasts downward in response to the unfolding trade crisis.           Oil Prices Sink on Demand Concerns   Crude oil continued its sharp slide on Monday, driven by recession fears and weakened global demand. Brent fell 3.9% to $63.04 a barrel, while WTI plunged over 4% to $59.49—both benchmarks marking weekly losses exceeding 10%. Analysts say inflationary pressures and slowing economic activity may drag demand down, even though energy imports were excluded from the latest round of tariffs.   Vandana Hari of Vanda Insights noted, ‘The market is struggling to find a bottom. Until there’s a clear signal from Trump that calms recession fears, crude prices will remain under pressure.’   OPEC+ Adds Further Pressure with Output Hike   Bearish sentiment intensified after OPEC+ announced it would boost production by 411,000 barrels per day in May, far surpassing the expected 135,000 bpd. The alliance called on overproducing nations to submit compensation plans by April 15. Analysts fear this surprise move could undo years of supply discipline and weigh further on already fragile oil markets.   Global political risks also flared over the weekend. Iran rejected US proposals for direct nuclear negotiations and warned of potential military action. Meanwhile, Russia claimed fresh territorial gains in Ukraine’s Sumy region and ramped up attacks on surrounding areas—further darkening the outlook for markets.   Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Andria Pichidi HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • AMZN Amazon stock watch, good buying (+313%) toi hold onto the 173.32 support area at https://stockconsultant.com/?AMZN
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.