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  1. R

    Technical Strategy

    :) Sequences, Sequences, Sequences. They work like a swiss watch. Good thing one can catch it on YM ahead of time if one's off. Took me 3 min to figure out where I was wrong. Used to be an overnight type of thing.
  2. R

    Technical Strategy

    An important lesson I take from today - don't start a day without a pre-flight check.
  3. R

    Why the controversy? Jack Hershey SCT system works just fine.

    A quick debrief shows a completed sequence for a down traverse yesterday. Today started with lateral movement, followed by completed sequence for another down traverse. Together they form a down channel. The three traverses (1110 to 1150 eob - dom, 1155 to 1255 eob - non-dom, and 1255 to 1330...
  4. R

    Technical Strategy

    It looks to me like ES has built a down channel (dom, non-dom, dom traverses) and WMCN is an up channel. The lateral which started at 1330 [close of] is a good candidate for a lateral traverse in an up ES channel ( especially now that YM has already built a dom and no-dom traverses of an up...
  5. R

    Iterative Refinement

    Thank you for the chart. As always, tremendously helpful in my pursuit of understanding the sequences. Two questions, if you'd be so kind: (1) The 2nd green up traverse (11:05 to 11:30 [close of]). Would I be correct in concluding that 5 min ES Traverse Level trader would hold through it...
  6. R

    Iterative Refinement

    :D Anybody else got lost in the 'lateral' maze?
  7. R

    Iterative Refinement

    Don't see a permission to seek change yet in green up traverse. Expecting non-dom followed by another dom traverse. Strange and fascinating at the same time.:)
  8. R

    Iterative Refinement

    :D Me, I was looking at carry over gaussians on Spydertrader's chart. Had I been paying attention to them, I would have avoided a 2 hr headache trying to make sense of the AM.
  9. R

    Iterative Refinement

  10. R

    Iterative Refinement

    As Bar One opens and gaps up, we 'see' Price moving on increasing Volume. Because this is Bar One (and we only rarely ever see decreasing Volume on bar one compared to the previous trading day's final bar), we know two things. First, this increasing Volume finds itself colored black because the...
  11. R

    Iterative Refinement

    [list=1] 15:50 [close of] dominant – moving higher on incr. volume in an up traverse; 15:55 [close of] non-dominant - higher on decr. volume in an up traverse, moving laterally; 16:00 [close of] dominant - moving higher on incr. volume in an up traverse; 16:05 [close of] non-dominant...
  12. R

    Why the controversy? Jack Hershey SCT system works just fine.

    Nothing wrong about removing OT personal attacks. Happens to both sides.
  13. R

    Iterative Refinement

    Well, Even A Blind Pig Finds An Acorn Once In Awhile. Perhaps this time I managed to get the correct view of permissions to seek change.
  14. R

    Iterative Refinement

    My view 15 min ago. Just trying to keep up with sequences, so gaussians are omited. Let's see if the market cooperates:D
  15. R

    Why the controversy? Jack Hershey SCT system works just fine.

    There's much, much more to all Hershey tools than initially meets an eye. It continues to amaze me. The market 'hides' its intentions in plain sight, where very few chose to look.
  16. R

    Iterative Refinement

    I don't know WTF is going on with these increasing black volume occurences, but look at today's 13:45 [close of] and look where permission to seek change exists 14:50 [close of]. No way this stuff is random!
  17. R

    Iterative Refinement

    Thank you for the charts. As always they are tremendously helpful. :D A rather unusual retrace in a 3rd pink down traverse caused me to conclude in real time that permission to seek change existed on 14:10 [close of]. Pt2 was not where I thought it was.
  18. R

    Iterative Refinement

    The 'crude' logic I am using here is as follows: (1) the market is in non-dom retrace of the down traverse, (2) there are only 3 cases where increasing non-dominant volume found when price is moving from pt2 to pt3, (3) 13:50 [close of] bar is not one of them. 1+2+3= therefore we have not...
  19. R

    Iterative Refinement

    I am looking at 13:50 [close of] Bar with increasing black volume and I conclude that no permission to seek change exists on 14:30 or 14:35 [close of] bars (the sequence is not completed). I am referring to the pink traverse here: http://www.elitetrader.com/vb/attachment.php?s=&postid=2104145
  20. R

    Iterative Refinement

    Damn, of course, the previous day ended on a down channel with signal for change. So one knows what must come next. Thanks for catching that. Appreciate it.
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