Iterative Refinement

[Ezzy]

Quote from Aurum:

This sounds great - did I miss the inter-office mail delivery though? (ie. did it get posted in another thread and I missed it?)

Thanks Jack

-Au

Hi Aurum,

Sometimes the memo gets routed through the back office. Not sure if this is a draft or the final, but it's covered.

Regards, - EZ

http://www.elitetrader.com/vb/showthread.php?s=&postid=1995892#post1995892

 

[Spydertrader]

Quote from TIKITRADER:

Have you eliminated price and time on your recent charts for educational purposes?

Just saving room in order to have the ability to post the charts 'in line' with the thread. I've received a few requests to include the times and Price, so I'll break up the charts into various sizes in order to comply.

- Spydertrader

 

[Aurum]

Quote from Ezzy:

Hi Aurum,

Sometimes the memo gets routed through the back office. Not sure if this is a draft or the final, but it's covered.

Regards, - EZ

http://www.elitetrader.com/vb/showthread.php?s=&postid=1995892#post1995892

Thanks much for the link Ezzy!

-Au

 

[romanus]

I wonder if that's what's been going on.

 

[ehorn]

Quote from romanus:

I wonder if that's what's been going on.

Looks pretty good. I added a little note.

 

[romanus]

Quote from romanus:

I wonder if that's what's been going on.

And that increasing red volume 1150 eob indicated that what once thought to be a non-dom traverse is widening to the size of the channel, and therefore the BO of the blue channel RTL may be in the books?

 

[romanus]

Quote from ehorn:

... a little note.

I saw it but after spending a few minutes figuring out how to fit it in, gave up cause my mind was preoccupied with more existential question - what was different today compared to when one would expect another dominant traverse up instead of BO. Starting with VE of the blue channel 1120 eob, if what took price back to RTL would have been a non-dom traverse one should have expected FBO. But since it widened to the size of a down channel, then it would make sense that 1120 eob VE of the blue up channel has ended it?

 

[romanus]

And now it looks like we started building a new up channel by creating a first up traverse followed by lateral movement.

 

[ljyoung]

Quote from romanus:

And now it looks like we started building a new up channel by creating a first up traverse followed by lateral movement.

I agree with your assessment Romanus and what's totally freaky (just speaking for myself in respect of the freakiness factor) is that the anticipation afforded by the Tape/Traverse/Channel (TTC) paradigm lets one sit comfortably through 2-2.5 point undulations until Ms. Market does her thing.

lj

 

[romanus]

... and so ends our olive up channel and another begins.