Iterative Refinement

[Mr_Black]

Quote from LittleMac:

Heres is a similar situation How do we know IN REAL TIME that it is not the neon green traverse as we have a dominant tape a retrace(pennant) followed by another dominant tape(both dominant tapes in royal blue) and that the Guassians are the thinner set of Guassians at the bottom as opposed to it being the neon blue traverse which corresponds to the thicker Guassians above the thinner ones.

I'm trying to stick with the bar by bar tapes way(dom, non-dom, dom) and I annotated the neon green traverse before the neon blue one could even exist.

this is how i know

 

[Spydertrader]

Quote from Mr_Black:

this is how i know

Perhaps, others might find an explanation (in your own words), and / or a link (to Jack's words), of how Price and Volume move between the different cells, helpful to their understanding.

- Spydertrader

 

[jbarnby]

Today's chart

 

[dkm]

ES 5 min 20080807

 

[ljyoung]

Chart for today.

lj

 

[esjockey]

.

 

[tobbe]

 

[ehorn]

My view of the day (ES)

 

[romanus]

Spydertrader, when you have a moment.
I tried applying the traverse building logic (pt1, pt2,pt3, change signal to complete) to arrive at the correct way to annotate this morning's chart. Is this correct approach?
Thank you.

 

[ivob]

Quote from Mr_Black:

so far so good

Waiting for more than 2 hours for a good opportunity.

You got excellent discipline mr Black.

regards,
Ivo