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. The first one lets you anticipate a new point 3. The second one doesn’t. Jack explained that very thoroughly in his post, link to which was posted by cnms2 in this thread.

 

Funny how the chart of Spydertrader with two VEs didn't evoke much interest.(the chart Spyder posted in this thread)

 

 

I'm still struggling with what to "anticipate" with regard to VEs. I finally came to grips with the chart that Spy refered to---I was sloppy with accel the container and the 2nd VE clearly failed in that container. But in your example the bars following the accel's. seemed to do exactly the same thing except the 2nd was higher volatility and nearly the same volume-----so a 2x4 in my general direction would be much appreciated

 

On the Spyder chart look closely at the last leg. Pay attention to how it STARTED and what happened RIGHT AFTER it started.

 

HTH.

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The sequences always complete. Now take your answer and try to draw the tapes your suggestion implicates make the sequence complete.

 

You didn’t really pay attention to what had transpired in the volume pane, did you?

 

 

Gucci,

 

Thanks for commenting on the reply. I looked at the vol that created the 1st VE in question and saw the faster fractal b2b2r2b.

 

 

The idea of the drill was to show two different types of VEs. The first one lets you anticipate a new point 3. The second one doesn’t. Jack explained that very thoroughly in his post, link to which was posted by cnms2 in this thread.

 

Funny how the chart of Spydertrader with two VEs didn't evoke much interest.(the chart Spyder posted in this thread)

 

Ok, I understand and see that. Can you kindly tell which chart of Spydertrader are you referring to above as well as the post by cnms earlier. I seem to have some trouble looking it up.

 

Let the market falsify your hypothesis. The sequences are always complete.

 

Spydertrader once asked how do I know I would arrive at the destination. I didn't really know how to answer him then as I was baffled.

 

Now it seems the process of learning to recognize the signs on the journey are probably the key and in the context of each fractal, the ability to see the sequence completion is needed before the next begins. Whether a new point 3 is anticipated will very much depends on the ability to see the 1-2-3 which must be corroborated by the volume gaussians. If this analysis is correct, then my M-A- will be one level up to stay on the right side of the market.

 

Thank you.

5aa7104417daa_VEs2.thumb.jpg.6c56b1a7199e39550265a0df1938f96d.jpg

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This is a response to some specific questions asked by one of the users.

Hi gucci,

 

Congratulations on your success trading JHM.

 

Are the chart notes in red rectangle for bar 15 or 20? TIA

ChartNotes.thumb.gif.380d1be3bc157c625e6a090d6fac35ab.gif

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Hi gucci,

 

Congratulations on your success trading JHM.

 

Are the chart notes in red rectangle for bar 15 or 20? TIA

neither, accel tape created by 17and18, 19 closed outside that tape.

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"The market tells you where the right side is. Spyder explained how to be absolutely sure about whether or not the market has changed direction. "

 

 

 

 

Where can that explaination be found? I would like to add that to my notes.

TIA

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"The market tells you where the right side is. Spyder explained how to be absolutely sure about whether or not the market has changed direction. "

 

 

 

 

Where can that explaination be found? I would like to add that to my notes.

TIA

the right side is the side that has vol moves in a dom formation.

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"The market tells you where the right side is. Spyder explained how to be absolutely sure about whether or not the market has changed direction. "

 

 

 

 

Where can that explaination be found? I would like to add that to my notes.

TIA

 

The explanation is actually much simpler than you think. :)

 

In the attached chart for instance, at what point in time can you be absolutely sure that the thing confined by deep pink lines is over?

Completion.thumb.jpg.2bc4496db145ac9d00193faf402a8ec7.jpg

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The explanation is actually much simpler than you think. :)

 

..?

at what point did you figure out thing is "much simpler". Did you just wake up one morning and became a dif man? What made you to translate from a confuse sate to "much simpler than you think" state?

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The explanation is actually much simpler than you think. :)

 

In the attached chart for instance, at what point in time can you be absolutely sure that the thing confined by deep pink lines is over?

 

At the completion of B2B at 1610 hrs BO of pink RTL with increasing black vol ?

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The explanation is actually much simpler than you think. :)

 

In the attached chart for instance, at what point in time can you be absolutely sure that the thing confined by deep pink lines is over?

 

When the price moves above the point 1 of the thing confined by the deep pink lines, you know that fanning is impossible and that the thing confined by the pink lines is definitely over.

 

I too am curious, Gucci, about how you made the breakthrough from confusion and frustration to clarity.

 

Anyway, thanks for your efforts.

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The explanation is actually much simpler than you think. :)

 

In the attached chart for instance, at what point in time can you be absolutely sure that the thing confined by deep pink lines is over?

 

Thanks gucci for the reply and the question. If you want to know absolutely that the thing in the deep pink lines is over, you must go to the 1610 bar for the completion of the B2B and the increasing black volume of the dominant bar. However, I see that there were clues prior to that, at 1545, increasing red vol completing the sequence of the pink thing, at 1550 an OB on increasing black Vol which breaks the RTL of the pink thing and signals to anticipate change. I also wonder why the B2B doesn't end at the 1610 bar which is also the pt2, because everything after that is non-dominant to the pt 3 at 1705, confirmed by the increasing black volume at 1720.

 

Thanks again, sscott

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Thanks gucci for the reply and the question. If you want to know absolutely that the thing in the deep pink lines is over, you must go to the 1610 bar for the completion of the B2B and the increasing black volume of the dominant bar. However, I see that there were clues prior to that, at 1545, increasing red vol completing the sequence of the pink thing, at 1550 an OB on increasing black Vol which breaks the RTL of the pink thing and signals to anticipate change.

 

 

TQ SScotts.

Following the IBGS , it looked like FTT FBO BO is being played out for the B2B to complete.

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The explanation is actually much simpler than you think. :)

In the attached chart for instance, at what point in time can you be absolutely sure that the thing confined by deep pink lines is over?

 

My answer: Once increasing black volume starts to appear on 16:05 Bar right after the trough of B2B, the deep pink traverse is over. The reason is that once black dominance is established, price 'breaks' the RTL of deep pink traverse.

 

attachment.php?attachmentid=22999&stc=1&d=1290146828

5aa71045a847e_DeepPinkTraverseisOver.png.2c46ddaba41db03aa36e8a0b7a4e5e65.png

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When the price moves above the point 1 of the thing confined by the deep pink lines, you know that fanning is impossible and that the thing confined by the pink lines is definitely over.

 

 

Now, you do not really need me to confirm the answer, do you?:) Now all that remains for you is to go deeper into details and thoroughly annotate all of the sequences of that thing. After that you can start thinking about how could one know earlier that the market changed dominance. Look very closely at what transpired on each and every bar. Regardless of what I or Spyder or anyone else might say, the market has spoken.

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