The Price / Volume Relationship

[rs5 10]

rs5 and ptunic,

 

I am working on separating fractal levels. I think I have a tendency to promote Gaussian lines when they should only be visible at lower fractal levels. I have a question regarding a particular annotation that you both made. If you have a moment and don't mind me asking, please see the attached.

 

I am not sure I understand the question. Do you mean that the gaussian should have been shifted to match the correct high points of the container? See attached. Yes, you are correct to match the containers and the gaussians. The unshifted and shifted scenario are on still on the same fractal.

[Ezzy 10]

Spyder, rs5, ptunic and all,

 

Another, more important, fractal level question...

 

I have a carry-over up-container that was originally built many days ago by the same fractal level that revealed four containers on 4/15.

Attached are several charts, a 3 day 5min, to check your carry over and data.

 

A 15 minute for a different perspective.

 

And a 1 day 5 min chart to compare your scale. Just my opinion but with a scale that tight it must be hard to follow the bar ticks up and down. Originally a 10 point scale was recommended. For my software 12 - 15 point scale works nice.

 

FWIW I didn't have the heavy weight, light blue container that's on your chart. Could be an error on my part, just saying.

 

A suggestion, it's nice if there is a time scale showing on the posted charts to help locate where certain points are, as well as the correct date.

Edited April 17, 2010 by Ezzy

[TIKITRADER 10]

K200 Kospi _Friday April 16 - 5 minute chart

[TIKITRADER 10]

Have fun . . .

CLICK THIS LINK . . . WAIT FOR DOWNLOAD COUNTDOWN ( very small numbers ) AND FOLLOW INSTRUCTION

http://www.yourfilelink.com/get.php?fid=541170

 

OR TRY THESE ALL SAME NOT SURE WHICH ONE IS WORKING

 

http://www.yourfilelink.com/get.php?fid=541170&dv=1

 

tiki- spyder's wild journey video- YourFileLink.com

 

and see the title

Spyders_Wild_Journey_2009_tiki.avi

 

then look for the link to download file

once video is downloaded turn up speakers and have fun !

file is safe- I created a fun simple video for the method and file size was too large for direct attachment

no problem playing in windows media player

image explanation attached

Edited April 18, 2010 by TIKITRADER

[TIKITRADER 10]

http://www.techsmith.com/codecs.asp

video does accompany sound on prev post. apologize for any problems.

for anyone who needs codec for camtasia

Edited April 18, 2010 by TIKITRADER

[rightbyleft 10]

Attached are several charts, a 3 day 5min, to check your carry over and data.

 

looks like small arrows, pointing 45degrees up and to the right,

mark when volume is more than the prior bar volume.

 

can anyone explain what the 'P' in the chart, volume pane, represent? at first i though it was the peak gaussian, but it looks like other similar looking volume patterns do not have this 'P' mark. is this mark done by sw automation or by hand?

thanks

Edited April 19, 2010 by rightbyleft
add

[Spydertrader 10]

can anyone explain what the 'P' in the chart, volume pane, represent?

 

The Blue Capital 'P' represents 'Peak Volume' as defined by an acceleration of a Gaussian Slope. And, yes, it is automated.

 

- Spydertrader

[rightbyleft 10]

The Blue Capital 'P' represents 'Peak Volume' as defined by an acceleration of a Gaussian Slope. And, yes, it is automated.

 

- Spydertrader

 

thanks, after a second look, acceleration of gaussian slope,

does it mark when the colored volume pace lines are crossed

into another zone level for the left hand side of the gaussian OR if

if its the right hand side, there is a color change with acelerated peak.

if this isnt the logic, could you post the pseudocode for the mark P?

thanks

 

i do find the small arrow marks on the volume very helpful to annotate, so

perhaps the other mark can also be useful.

[dkm 10]

Friday 16 April 2010

if your b2b is correct then your red rtl cannot possibly be correct

[rs5 10]

Monday 19 April 2010

[rs5 10]

if your b2b is correct then your red rtl cannot possibly be correct

 

Thank you for your input. Yes, different fractals...............

[dkm 10]

Monday 19 April 2010

If you consider the gap, you will see that your 09:20 bar must be a p1.

Something like the attached...perhaps....

Edited April 20, 2010 by dkm

[MomentumMike 10]

Monday, 4/19/10

 

In real-time, I thought I saw one BO at 13:55 and another at 15:45. Did anybody know that these moves were not BO's as they were occurring?

 

Comments appreciated. (Edit: I've changed my mind about the rules I used to create the black up-channel. I think I should have fanned the pre-existing down-channel.)

Edited April 20, 2010 by MomentumMike
Added comment about Channel

[rs5 10]

Tuesday 20 April 2010

[ptunic 10]

Tuesday, April 20, 2010.

[MomentumMike 10]

Tuesday, April 20, 2010

 

Generally, I feel good about this chart... getting better at this each day (I think).

 

I don't like how quickly P's 2 and 3 of one container and P1 of the next formed between 10:25 and 10:40. Other than that... ok.

 

rs5, my chart is very similar to yours.

[rs5 10]

Wednesday 21 April 2010

[cnms2 10]

Wednesday 21 April 2010

I preferred to annotate differently that area: pt2 to pt3 decreasing volume.

[rs5 10]

I preferred to annotate differently that area: pt2 to pt3 decreasing volume.

 

Thank you for pointing that out

[MomentumMike 10]

Wednesday, 04/21/10

 

As always, comments appreciated.

[Spydertrader 10]

As always, comments appreciated.

 

See cnms2's comments on rs5's chart.

 

- Spydertrader

[dkm 10]

See cnms2's comments on rs5's chart.

 

- Spydertrader

 

Would you please explain how to recognize 13:20-14:00 as the non-dom 2b of r2r2b2r beginning at 12:40 and not a dominant 2b of b2b2r2b beginning at 11:40? It seems that many of us annotated 12:40 as p2 of a long sequence and 13:20 as its p3.

 

Thank you

[gucci 10]

Would you please explain how to recognize 13:20-14:00 as the non-dom 2b of r2r2b2r beginning at 12:40 and not a dominant 2b of b2b2r2b beginning at 11:40? It seems that many of us annotated 12:40 as p2 of a long sequence and 13:20 as its p3.

 

Thank you

 

Dkm, if I may chime in here... Cnms2 highlighted the areas in question. If you think about the assertion, that the method works on all time frames, you could mentally (or actually)go to a higher (slower) resolution level and compare the highlighted areas. You'll find out that the non dom is supported by decreasing vol.

Furthermore you can compare the transition of the black volume starting after 11:30 - 11:40 area where the red volume stated its dominance. Even with increasing black volume in 12:30 - 12:40 area the market stays in a down trend. What I mean is, even though the market shows increasing black in 12:30 - 12:40 area in comparison to the 11:50 - 12:00 area, it still doesn't top the pace of increasing red in 11:20 - 11:40 area. Finally the 13:20 - 14:00 confirms that the black volume isn't dominant here. The red volume in 14:10 - 14:40 area since comparable to the 11:30 - 11:40 area finally reveals itself as a final leg of a channel, point 2 of which was established by red volume in 11:30 - 11:40 area.

 

On a side note why should it be important? You spotted your ftt so why not to go from here keeping in mind the possibility of you having jumped the fractals? I would annotate the chart differently (see attachment) and that still would have worked out for me.

 

Take it with a grain of salt as usual, as I'm just suggesting some things I'm working on. So caveat emptor.

Edited April 22, 2010 by gucci

[NYCMB 10]

 

Hi gucci,

 

Thank you for sharing your valuable volume comparison skills.

 

I have two questions for you---

 

1. You said: you could mentally (or actually) go to a higher (slower) resolution level and compare the highlighted areas---For the 5 minutes ES chart, what's the higher (lower) resolution level you suggest to use according to your observation? Do you mean to switch to10 min,15min, 30min or 60min in this specific

example?

 

2. You said: Furthermore you can compare the transition of the black volume starting after 11:30 - 11:40 area ---The chart under discussion is rs5's which is CST. Does your 11:30 - 11:40 area correspond to Bar 24 to Bar 26? TIA

[Spydertrader 10]

Would you please explain how to recognize 13:20-14:00 as the non-dom 2b of r2r2b2r beginning at 12:40 and not a dominant 2b of b2b2r2b beginning at 11:40?

 

The order of events for any fractal exists and is well known to every individual following any discussion of The Price / Volume Relationship. The pattern repeats throughout a trading day - without error or anomaly. If you'll say out loud the order of events (piece by piece) as Price moves from Point One to Point Two then from Point Two to Point Three, and finally, from Point Three to FTT (with as much precision as possible), you'll hear yourself speak that which your brain already knows.

 

Now, view volume in the area you have outlined.

 

Does the order of events match that which you have spoken aloud?

 

- Spydertrader