re: fan vs. BO I took Spyder's comments to mean increasing volume at some point after the BO. Obviously if you have the channel drawn...
hmmm... 14:55 bar peak volume?
So far today
The order of the cells and the placement of them on the chart seem to suggest that we are in some kind of very shallow down channel to me......
Can you quote his actual response? I have the same thing you guys do. Perhaps it's not a 'new' traverse, as a fan (decelerated) traverse is...
Ahh yes, you got me. I recall his post saying there were no down traverses for the day. Perhaps this was a case of inadvertent fractal jumping...
Long at whatever point you see fit Short at 14:05 on pennant FBO Long at 14:50 jokari window? (RTL bounce) Exit on close the way I see it anyway
Did you miss Spydertrader posting the 3 main traverse change signals? I am going to stick with the ones he posted for now... I cant be too...
agreed on all counts
Sounds right
Seems like jokari window to me. Incr. red volume, yet price closes higher. Also, incr volume w/ decr volatility would not be an action point at...
IIRC, this hints at an upcoming trend day. Although Im not sure that is what Spyder is trying to communicate here
I always find this hard to determine, although it should be easy IMO. Since everything bleeds together, it is kind of difficult to distinguish...
I found this snippet very interesting and I thought a walk through might be helpful. As a disclaimer, this is just my thought process and there...
This seems a little off as well, increasing volume sure, but confirming dominant direction down? It was a 1 pt doji bar
The 'pennant' also had increasing volume on the 2nd bar ... HMMM
lol ... Spyder I think it's time we get some sleep Huge thanks for everything , I'll give it some more work over the weekend Thanks to ehorn...
Ok... So the proper action points for the traverse level today were to enter short at pt3 around 10:10 and exit on close? This seems to be a...
I was thinking that if we had a traverse materialize with a BO of the bottom of this enormous lateral, that we would in fact have a channel? down...
This was a pennant FBO correct?
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