The Price / Volume Relationship

[ehorn 10]

OK - What is a 'goat'?

 

LOL!... Spydertrader once used it to describe something OTHER than the 3 levels... and it caught on among a few of the folks

[MKTr 10]

OK,

 

Sorry for polluting the thread. I hope the previous charts I posted are deleted. After reviewing the BBT presentation and comparing notes I think I may have made progress on synchronizing Gaussians. Any feedback is always wlecome.

 

MK

[ehorn 10]

My view of the day...

 

OK,

 

Sorry for polluting the thread...

MK

 

I think everyone would agree, you are in no way "polluting the thread".

[ehorn 10]

A "No Gap" view of the recent daily...

Edited October 14, 2009 by ehorn

[rs5 10]

Wednesday 14 Oct 2009

[rs5 10]

Good evening all,

 

I have been attempting to learn this method for a while.

 

MK

 

WOW, Look at you go! Thank you for posting!

[rs5 10]

Tuesday, October 13, 2009.

 

Is that first drawing gaussians with price masked, then with price?

[ptunic 10]

Yup, was trying to drill myself by starting with volume only.

 

The theory being I'm too focused on price and not enough on volume-- trying to overcome that.

 

I also think there may be some way to determine not just traverses (by gaussians only) but also tapes + channels but I haven't figured that out yet.

[FJK 10]

My view of the day...

 

I think everyone would agree, you are in no way "polluting the thread".

 

Thanks for posting

I've noticed that your channel gaussians differ from mine. What color annotations do you use?

[dkm 10]

20091014..................

[rs5 10]

Thursday 15 October 2009

Edited October 15, 2009 by rs5

[daxtrader 10]

Can someone create a video of annotating charts, whether live (would be worth gold) or in hind sight? This would be more helpful than just posting a chart with a bunch of lines. People would learn much quicker this way.

 

Also, if anyone already has a video then please post it here! Thanks guys!

[Tams 20]

Can someone create a video of annotating charts, whether live (would be worth gold) or in hind sight? This would be more helpful than just posting a chart with a bunch of lines. People would learn much quicker this way.

 

Also, if anyone already has a video then please post it here! Thanks guys!

 

 

Great idea, but probably you would fall asleep after 30 seconds. LOL

[double eagle 10]

I created the carry over thick green and medium blue trend lines by piecing together 5 minute charts for the current channel with the gap removed. I did the piecing together on another part of the chart not shown (like a scratch pad area) using the copy pattern drawing tool in TN. I then duplicated the trend lines over to the current day. The thick green RTL began on 10/1 at 16:05. The medium blue was from 10:30 yesterday.

[ehorn 10]

Thanks for posting

I've noticed that your channel gaussians differ from mine. What color annotations do you use?

 

I am still learning to develop a more consistent coloring convention across all days.

 

My larger focus is on the following principles:

 

The fractal nature of price movement.

The sequences of Price and Volume.

FTT's and VE's

Continuation and Change

Always asking where am I in the sequences, how fast are things changing, and WMCN.

 

A tape, traverse, channel (call them goats - lol!) could consist of 5 bars or take 5 days (more or less). As a Intraday trader, IMO, focusing on the above principles allows a trader to participate in the market regardless of the duration of various fractal sequences. Fortunately, all fractals develop in exactly the same manner.

Edited October 16, 2009 by ehorn
typo

[double eagle 10]

Here is a daily view that I have been working on. The normal daily bars are on the top of the chart. The grey bars in the area below are generated by the copy pattern drawing tool in TN. I used this to remove the overnight gaps manually.

 

We are at an interesting point on the daily. I've annotated that the market is searching for a point 3 of the current green downtrend. We are about to CP4 as Jack has euphemistically described the point where the prior trend FTT is passed when looking for a point 3 of the current trend. A CP4 would cause me to fan the green uptrend that originated on 7/13. I must say, this bear market rally (red uptrend) is sure persistent.

 

One question for those following the thread about the MADA loop. When we FTT a trend, we want to see the dominoes fall and one by one eliminate the possibilities of WMCN. We want to see the following in order:

1. sequence completion

2. an FTT with a signal of change

3. decreasing volume to the RTL

4. increasing volume on the RTL BO and into the trend towards point 2

5. decreasing volume on the new trend retrace in the search of point 3

 

Can we rule out a CP4 at any point of the above points 1-5? My current understanding is that you can't and that is how I am interpreting CP4. What are people's thoughts on the subject. Here's a link to the clean page 4 I alluded to that shows the new point 3 region in bright blue.

 

http://www.traderslaboratory.com/forums/34/price-volume-relationship-6320-3.html#post71050

[ehorn 10]

Pre-filling the sequence log in anticipation of WMCN...

[ehorn 10]

A VE must be accounted for... Adjust the log...

[ehorn 10]

WMCN is the question every day, every bar....

 

Very powerful stuff!

[ehorn 10]

My view of the day... Groovin with it!

[rs5 10]

Friday 16 October 2009

[rs5 10]

Pre-filling the sequence log in anticipation of WMCN...

 

These are great, ehorn. Thank you for sharing!

Edited October 16, 2009 by rs5

[TIKITRADER 10]

Here is a current look at the DJI and the ES monthly bar charts for October 2009.

 

You will see resistance come into the picture now from price action of the 2004 - 2005 time frame on both the ES and DJI.

[Breakeven 10]

Hello all,

 

After a few month break from studying this method (and from trading in general) I have decided to start over and try to ensure I have a solid understanding of the fundamental tenants of the method.

 

So, it seems starting at the first of this thread is exactly what I need.

 

Attached is my attempt at the tape drawing drill from 7/06/09 using the ten cases. My intention was to draw every possible two bar tape correctly. If anyone has time to look over this please feel free to point out any omissions or errors.

 

Also, if backtracking to the start of the thread is a derail or distraction please let me know.

 

Thanks!

[TIKITRADER 10]

Spyder,

 

In this example there is a Dominant Lateral Traverse in the 3rd position to build a Channel.

 

1) Is this a valid scenario ?

 

2) Does the Lateral in this scenario as drawn ( Dominant Lateral Traverse ) take precedence and complete the traverse ?