Iterative Refinement
- Thread starter Spydertrader
- Start date
A few charts posted today are missing the first up channel. Notice how the context changes when it is in place (i.e. the VE that now have us looking for the FTT).
<img src=http://elitetrader.com/vb/attachment.php?s=&postid=1902205>
Many may recall the statement posted by Spydertrader about the three ways to go from point two to point three. One way is decreasing non-dom volume for the retrace. This first up channel is ANOTHER way. We have increasing red volume in the retrace to a point three. Perhaps a review of Spydertrader's statement would benefit: http://elitetrader.com/vb/showthrea...=three+AND+ways+AND+point+AND+one#post1840934
<img src=http://elitetrader.com/vb/attachment.php?s=&postid=1902205>
Many may recall the statement posted by Spydertrader about the three ways to go from point two to point three. One way is decreasing non-dom volume for the retrace. This first up channel is ANOTHER way. We have increasing red volume in the retrace to a point three. Perhaps a review of Spydertrader's statement would benefit: http://elitetrader.com/vb/showthrea...=three+AND+ways+AND+point+AND+one#post1840934
Leaving those channels in place should be doing more than simply avoiding confusion. Perhaps, focusing on a channel to 'operate within' has caused you to miss something critical in the bigger picture.
- Spydertrader
Quote from Spydertrader:
Leaving those channels in place should be doing more than simply avoiding confusion. Perhaps, focusing on a channel to 'operate within' has caused you to miss something critical in the bigger picture.
- Spydertrader
Nah, I caught it on the PT3 down
http://www.elitetrader.com/vb/showthread.php?s=&postid=1901392#post1901392
But I do hear you guys and appreciate the critiques
Have a great night!