You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Iterative Refinement
- Thread starter Spydertrader
- Start date
As one traverse ends another one begins in the opposite direction. As it begins it starts with a tape. The tapes take price to pt2 of the traverse, then to pt3 and back to into traverse.Quote from gucci:
... different angles between the first traverse and the mentioned tape.
EDIT: The text in the picture represents quotes form different Spydertrader's posts. If one wishes, one can search to locate those posts for appropriate context.
Attachments
Quote from Romanus
As one traverse ends another one begins in the opposite direction. As it begins it starts with a tape. The tapes take price to pt2 of the traverse, then to pt3 and back to into traverse.
Romanus,
I understand the onion (fractal) structure (nature) of the markets. Nevertheless, thanks for your efforts. I got confused comparing two following charts and trying to differentiate between tapes and traverses as they are forming real time.
This one:
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1998307>
And this one:
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1984743>
To grasp the difference would be an AHA for me. Compare the first traverses and the behaviour of the market afterwards.
Quote from ljyoung:
The second blue-colored query addresses your point, IMO.
No it doesn't.
First, Bar seven does not show peak volume.
Second, I have already provided the answer to this question.
Third, The GuavaMan wasn't asking you a question which required you to respond to him. Guava attempted to guide you in a direction with his interrogatory.
- Spydertrader