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  1. P

    Iterative Refinement

    Ivob, Got it. Regarding increasing red volume. I thought that each bar that you mentioned, was either an Fbo/bo of lateral movement. I've marked the three bars and included the lateral movement boundaries for each bar, on my attachment. Am I misinterpreting the condition where we...
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    Iterative Refinement

    Ivob, This is my understanding: Your red traverse has not completed an entire sequence. No increasing red volume after point 3 (at least not that confirms that the dominant direction is down, on this fractal). So even though price BO of your red RTL on increasing volume, it is still a...
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    Iterative Refinement

    My understanding: A lateral forms a retrace, in the middle of a TRAVERSE sequence, moving price between point two and point three. A lateral forms a new TRAVERSE, also during the formation of an underway TRAVERSE, but at a different phase in the sequence. The new traverse would form after...
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    Iterative Refinement

    Spydertrader I want to make sure I’m not interpreting your above comments, too literally. I know Lateral Formations and Pennant Formations are included when considering a Formation Bo/FBO. Are Lateral Movements considered to be in the group of “Formations”? Thanks, Phineas
  5. P

    Iterative Refinement

    Thank-you for identifying this as false. I will continue my Monitoring, with this possibility eliminated. Phineas
  6. P

    Iterative Refinement

    Spydertrader, As I continue to think about this, I had a question. You provided an earlier response indicating that the following 3 occurrences could all be signals for change at the traverse level: • Jokari Window (decreasing Volume after increasing Volume) • Pennant Break Out FBO...
  7. P

    Iterative Refinement

    the 11:10 and 14:05 case were similar to me, the 12:20 case was not. This is what I interpreted. Price movement in all three cases showed a pace increase after pt3 and the BO of intial laterals, on increasing volume. Only cases 11:10 and 14:05 subsequently confirmed thier respective PT3's...
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    Iterative Refinement

    13:35: Green PT3 UP, confirmed on increasing volume. 14:05 signal for change short. Jokari Window, decreasing price on increasing volume. TRAVERSE LEVEL signal for change 14:45: Red PT3 Down, Price BO of lateral on increasing volume. Red PT3 down was never confirmed. 14:50 Signal for...
  9. P

    Iterative Refinement

    1: Red down traverse completes its pt3 at 14:45. No flaws appear after that pt3 and price forms a VE at 15:10. (can start looking for Ftt). I believe there is one traverse level signal for change in this traverse, a Peak volume sequence, completed eob 15:10. There may also be an IBGS on the...
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    Spydertrader's Jack Hershey Futures Trading Journal

    I began studying the JH method, as presented by Spydertrader in this journal, in mid June. I began annotating charts during each trading session, in the beginning of July. I have been focusing on the following: Annotating correct points of change (or continuation), as soon as they are...
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    Spydertrader's Jack Hershey Futures Trading Journal

    ---------------------------------------------------------------------Quote from Spydertrader: 07-11-07 02:15 PM This is my point. You had to have jumped fractals. Now, you may have done so subconsciously. You may not even realize you did. However, here is how you can prove it to yourself...
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    Spydertrader's Jack Hershey Futures Trading Journal

    --------------------------------------------------------------------- Quote from Spydertrader: (re: to phineas j. w. 07-10-07 03:25 PM post) Hopefully, focusing on the correct fractal (as in this example) provides a metric for alerting everyone as to when they have gone too far down the rabbit...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Spyder, I've been having some difficulty identifying how price enters/exits flaws. I know that price will exit the flaw(continuation) in the same direction that it enters, unless there is an overriding change, like an FTT or FBO. Is the DIP that is marked on your chart at 11:25-11:40 an...
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    What would an experience trader do on a situation like this?

    Given that I am a new trader, without much experience, the more experienced traders may be able to comment further. I think it is hard to give you a helpful answer based on the information that you've provided. It is critical to exit at predetermined stops, without question. But first...
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