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.

Spydertrader

Recommended Posts

Rohok    10

Rohok
Posted

Here is something I noticed within myself that I had to shift my point of view on this method:

 

I was focusing on drawing 100% correct tapes. While the goal is to eventually be able to identify tapes correctly, I think the first objective should be to identify either transverses or channels depending on your style of trading.

 

You may get 1 or 2 or even 3 tapes drawn incorrectly but that can offset if you have a somewhat correct transverse.

 

Also, this method should not be substitute for proper money management.

Share this post

Link to post
Share on other sites

TIKITRADER    10

TIKITRADER
Posted

 

You may get 1 or 2 or even 3 tapes drawn incorrectly but that can offset if you have a somewhat correct transverse.

 

I can say positively if you have incorrect tapes you have incorrect traverses. I will tell you it is more than likely you will not get a correct traverse if you cannot build up from the foundation. You can't have a finished home before you have the lumber delivered and framing begin.

Look at posts spanning years and years of banged heads on walls over this.

Go to the first few pages and really try to absorb them. Build the correct tapes, then build the correct traverse. There is not a short cut that exists to this method.

Just a long journey.( long painful journey of endless head banging :crap: . . . lol )

 

 

Enjoy the journey

Share this post

Link to post
Share on other sites

rs5    10

rs5
Posted
There is not a short cut that exists to this method.

Just a long journey.( long painful journey of endless head banging :crap: . . . lol )

 

 

Enjoy the journey

 

LOL.............................:o

Share this post

Link to post
Share on other sites

ptunic    10

ptunic
Posted

It was great meeting everyone in Vegas!

 

I hope to start posting charts to this thread again starting this weekend. I learned quite a bit, but still got a bit more to go. :) :)

 

HUGE thanks to Spyder of course!! :)

 

ehorn we missed you! Great meeting rs5 and everyone else, keep up the great work. I'm usually only on some nights plus weekends but I'll give everyone my messenger info who wants it via PM. I think it would be helpful if we get together in person again sometime, I heard talk of a SoCal meeting, I'm up for that. Moving to Atlanta probably in a few months so if anyone's in Atlanta and wants to go through some charts on a weekend together please hit me up. I think there are strength in numbers so to speak. :)

Share this post

Link to post
Share on other sites

ramora    10

ramora
Posted

Hi Everyone,

 

We have had some slow markets in the past few weeks. Does anything change in your approach to annotation as the market volume slows?

 

I could make a case for changing the time frame for both ES and YM and using longer timed bars. Or drop down to faster bars. Is one change better than the other; or is annotation always the same regardless of the market movement?

 

Thanks in advance for any comments.

ramora

Share this post

Link to post
Share on other sites

Tams    20

Tams
Posted (edited)
Hi Everyone,

 

We have had some slow markets in the past few weeks. Does anything change in your approach to annotation as the market volume slows?

 

I could make a case for changing the time frame for both ES and YM and using longer timed bars. Or drop down to faster bars. Is one change better than the other; or is annotation always the same regardless of the market movement?

 

Thanks in advance for any comments.

ramora

 

 

can you post your chart to show your reasons for the need to change?

can you make the change, then show us another chart?

is it better after the change? do you see any improvements?

Edited by Tams

Share this post

Link to post
Share on other sites

MKTr    10

MKTr
Posted

Greetings,

 

In an effort to contribute to the JHM community as so many others have, I have put together a summarry of the material I found most helpful since I started reading this thread. I may have made errors in the presentation or even still have errors in my understanding of some of the concepts, so view critically. In either case, your feedback is welcome. Please remember that this my humble attempt to present material I am still learning. The words are mine and not Jack's or Spyder's. Hopefully I am helping and not hurting.

 

The presentation was built in PowerPoint and exported as a Word document. If another form is desireable, let me know. I also included the original .png of the screen capture I used as an example.

 

Good learning.

 

MK

JHM Basics Review by MKTr vers1.doc

5aa70f86a875b_MK200912075ESSeqSFCExample.thumb.png.c2af5a9ff7be790bcf88e2daf5e3e09b.png

Share this post

Link to post
Share on other sites

SK0    10

SK0
Posted
Greetings,

 

In an effort to contribute to the JHM community as so many others have, I have put together a summarry of the material I found most helpful since I started reading this thread. I may have made errors in the presentation or even still have errors in my understanding of some of the concepts, so view critically. In either case, your feedback is welcome. Please remember that this my humble attempt to present material I am still learning. The words are mine and not Jack's or Spyder's. Hopefully I am helping and not hurting.

 

The presentation was built in PowerPoint and exported as a Word document. If another form is desireable, let me know. I also included the original .png of the screen capture I used as an example.

 

Good learning.

 

MK

 

Hi. I have a couple of questions on your document.

 

On page 6 at the bottom on the left, I think the 2b of the faster fractal b2b2r2b gaussian of the B2B looks strange.

 

On page 3 the sine waves of P and V, I would move the volume sine wave a quarter to the left to reflect the volume peaks happening at the price peaks or middle point of two adjacent price peaks. That is how I see JH and others positioned the waves.

 

Correct me if I am wrong.

 

Merry Christmas!

 

SK0

Share this post

Link to post
Share on other sites

MKTr    10

MKTr
Posted

SK0,

 

Thanks for the feedback. Yes, I messed up the phase of the price/volume sine waves. I fixed that. I stand by the faster fractal under B2B. Keep in mind it is just an example. I am sure there areas for improvement that remain.

 

Here is the corrected presentation. Please disregard the previous. The original .png sample drawing reamins good. (as good as I can produce)

 

MK

JHM Basics Review by MKTr vers1.1.doc

Share this post

Link to post
Share on other sites

MKTr    10

MKTr
Posted

My work for 21 Dec 2009. Lots of small tapes. I am wondering if I was guilty of fractal jumping or if the volume was just low enough to cause tapes that looked this way.

 

Feedback is always welcome.

 

Merry Christmas.

 

MK

5aa70f86d2513_MK200912215ES.thumb.png.713eb6b49a66eb6ffcfa65f289da0c10.png

Share this post

Link to post
Share on other sites

cnms2    10

cnms2
Posted (edited)
Hi Everyone,

 

We have had some slow markets in the past few weeks. Does anything change in your approach to annotation as the market volume slows?

 

I could make a case for changing the time frame for both ES and YM and using longer timed bars. Or drop down to faster bars. Is one change better than the other; or is annotation always the same regardless of the market movement?

 

Thanks in advance for any comments.

ramora

I believe it's best to stick to the method as it was introduced by spydertrader. You could obviously trade any other time frame, but the settings he introduced seem to be the optimum.

 

Check this too:

I have the ability to determine continuation or change on any fractal annotated on my chart. I can trade using course level tools only (meaning just a 5 minute ES Chart), or I can bring 'finer level' tools into the equation (YM, Str - Squ, DOM and Tic Charts). I can 'jump' fractals, or choose not to do so maintaining fractal integrity across an entire day and / or multiple days, weeks, months or years.

...

I have [...] chosen to provide all the information ever required (contained within this very thread), so an individual who chooses to work purposefully, can, under their own power, learn to do that which I 'claim' can be done.

...

Edited by cnms2

Share this post

Link to post
Share on other sites

SK0    10

SK0
Posted
SK0,

 

Thanks for the feedback. Yes, I messed up the phase of the price/volume sine waves. I fixed that. I stand by the faster fractal under B2B. Keep in mind it is just an example. I am sure there areas for improvement that remain.

 

Here is the corrected presentation. Please disregard the previous. The original .png sample drawing reamins good. (as good as I can produce)

 

MK

 

The attached chart shows my view of the faster fractal's gaussian moves during the channel overlap of a slower fractal which puzzled me for a long time.

 

Comments?

b2b2r2b.jpg.33b1d3e05ccd0b51aeba499eb5a1ab18.jpg

Share this post

Link to post
Share on other sites

TIKITRADER    10

TIKITRADER
Posted

I think what MKTr has done is shown '4 volume moves and 3 price moves' for the fractal in that example. Step up a fractal in that same section, and you have one price move and 2 volume moves in his same example. Looks perfect on all fractals.

Share this post

Link to post
Share on other sites

SK0    10

SK0
Posted
....

Step up a fractal in that same section, and you have one price move and 2 volume moves in his same example...

 

I cannot follow what you mean here. Could you expand? Thanks.

Share this post

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

  • Topics

  • Posts

    • RJo
      Gann Candles indicator for MT5

      By RJo · Posted

    • HFblogNews
      HFMarkets (hfm.com): Market analysis services.

      By HFblogNews · Posted

      Date: 22nd November 2024.   BTC flirts with $100K, Stocks higher, Eurozone PMI signals recession risk.   Asia & European Sessions:   Geopolitical risks are back in the spotlight on fears of escalation in the Ukraine-Russia after Russia reportedly used a new ICBM to retaliate against Ukraine’s use of US and UK made missiles to attack inside Russia. The markets continue to assess the election results as President-elect Trump fills in his cabinet choices, with the key Treasury Secretary spot still open. The Fed’s rate path continues to be debated with a -25 bp December cut seen as 50-50. Earnings season is coming to an end after mixed reports, though AI remains a major driver. Profit taking and rebalancing into year-end are adding to gyrations too. Wall Street rallied, led by the Dow’s 1.06% broadbased pop. The S&P500 advanced 0.53% and the NASDAQ inched up 0.03%. Asian stocks rose after  Nvidia’s rally. Nikkei added 1% to 38,415.32 after the Tokyo inflation data slowed to 2.3% in October from 2.5% in the prior month, reaching its lowest level since January. The rally was also supported by chip-related stocks tracked Nvidia. Overnight-indexed swaps indicate that it’s certain the Reserve Bank of New Zealand will cut its policy rate by 50 basis points on Nov. 27, with a 22% chance of a 75 basis points reduction. European stocks futures climbed even though German Q3 GDP growth revised down to 0.1% q/q from the 0.2% q/q reported initially. Cryptocurrency market has gained approximately $1 trillion since Trump’s victory in the Nov. 5 election. Recent announcement for the SEC boosted cryptos. Chair Gary Gensler will step down on January 20, the day Trump is set to be inaugurated. Gensler has pushed for more protections for crypto investors. MicroStrategy Inc.’s plans to accelerate purchases of the token, and the debut of options on US Bitcoin ETFs also support this rally. Trump’s transition team has begun discussions on the possibility of creating a new White House position focused on digital asset policy.     Financial Markets Performance: The US Dollar recovered overnight and closed at 107.00. Bitcoin currently at 99,300,  flirting with a run toward the 100,000 level. The EURUSD drifts below 1.05, the GBPUSD dips to June’s bottom at 1.2570, while USDJPY rebounded to 154.94. The AUDNZD spiked to 2-year highs amid speculation the RBNZ will cut the official cash rate by more than 50 bps next week. Oil surged 2.12% to $70.46. Gold spiked to 2,697 after escalation alerts between Russia and Ukraine. Heightened geopolitical tensions drove investors toward safe-haven assets. Gold has surged by 30% this year. Haven demand balanced out the pressure from a strong USD following mixed US labor data. Silver rose 0.9% to 31.38, while palladium increased by 0.9% to 1,040.85 per ounce. Platinum remained unchanged. 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 FX and CFDs 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.
    • Stocks4life
      Breakout and Swing Stock Ideas

      By Stocks4life · Posted

      A few trending stocks at support BAM MNKD RBBN at https://stockconsultant.com/?MNKD
    • Stocks4life
      Breakout and Swing Stock Ideas

      By Stocks4life · Posted

      BMBL Bumble stock watch, pull back to 7.94 support area with high trade quality at https://stockconsultant.com/?BMBL
    • Stocks4life
      Breakout and Swing Stock Ideas

      By Stocks4life · Posted

      LUMN Lumen Technologies stock watch, pull back to 7.43 support area with bullish indicators at https://stockconsultant.com/?LUMN
×
×
  • Create New...

Important Information

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

  I accept