Iterative Refinement

[guavaman]

Quote from Miracle:

I think 13:45 is PA so we have accelerated traverse from 13:45 to 15:10.

Could you elaborate on your thinking here?

 

[Miracle]

Quote from charts:

I don't think the green channel is valid.
There is only a non-dom up traverse in the Red down channel. I might be wrong though.

 

[Miracle]

Quote from guavaman:

IMO the last traverse of the day formed a faster fractal Up traverse so we either have formed a Pt2 by the close or we still need to before we get a retrace to form a Pt3 Up.

I do not show the 11:55 bar as an SOC, I have it as a Pt2 of that Non Dom Up traverse. I have the 12:20 bar as the SOC.

IMO, the 15:35 bar confirms B2B, however, one might consider it as unknown due to FTP breakout. This is the area that I am confused most of time.

12:20 SOC makes perfect sense due to lack of change on 11:55 bar. I am not sure if 11:55 bar is p2 because I think 11:05 shows IBV and it confirms B2B. Could you please elaborate you analysis?

TIA

 

[Miracle]

Quote from PTVtrader:

I think these are called faster fractal traverses but you would have to ask guava...he's the expert

I can count all sequence within it. That's why I think it's 5 min traverse. Guava?

Quote from PTVtrader:

decreasing volume and increasing volatility equals jokari window...expect change

hth

IMO, if it closes above previous bar on DBV, then is JW signal.

 

[Miracle]

Quote from guavaman:

Could you elaborate on your thinking here?

13:40 bar is DU and 13:45 is PA. The following pink traverse has 13:45 - p1, 14:00 - p2 and 15:05 - p3. 14:00 bar confirms B2B and 15:05 and 15:10 return to DOM. I am not sure if my analysis is correct. Please correct me if I am wrong.

TIA

 

[Miracle]

Quote from guavaman:

IMO the last traverse of the day formed a faster fractal Up traverse so we either have formed a Pt2 by the close or we still need to before we get a retrace to form a Pt3 Up.

I think you are right. Bar 15:20 and 15:35 IBVs are pennant BOs. B2B cannot be confirmed.

I do not show the 11:55 bar as an SOC, I have it as a Pt2 of that Non Dom Up traverse. I have the 12:20 bar as the SOC. [/B]

Could you please explain why 11:55 bar is p2?

 

[palinuro]

Quote from Miracle:

I think you are right. Bar 15:20 and 15:35 IBVs are pennant BOs. B2B cannot be confirmed.



Could you please explain why 11:55 bar is p2?

11:55 is SOC of the faster fractal traverse and pt2 of the non-dom traverse, 13:35 SOC of the non-dom traverse (the green 'channel' in charts' diagram). imho, of course...

- palinuro

 

[Miracle]

Quote from palinuro:

11:55 is SOC of the faster fractal traverse and pt2 of the non-dom traverse, 13:35 SOC of the non-dom traverse (the green 'channel' in charts' diagram). imho, of course...

- palinuro

Thanks Palinuro. After reviewing Guava's chart, I can see you guys annotated a big LM. Should we have LM at the end of traverse and beginnning of another one? Is the last red bar IRV FBO within LM kills it?

TIA

 

[guavaman]

Quote from Miracle:

I am not sure if 11:55 bar is p2 because I think 11:05 shows IBV and it confirms B2B. Could you please elaborate you analysis?

I try to trade the 5 min ES fractal. Therefore my analysis put the second volume cycle at 11:50 and the Pt2 at :55.

 

[Mr_Black]

1XATR so far....