Iterative Refinement

[ticktrade]

Quote from Spydertrader:

Allow me to clarify. Point One down may not sit where you think it to be.

- Spydertrader

Got it. Thanks.
While driving home and going over in my mind I found my errors. I think I had the pt1 dn right but didnt complete the sequences of the up traverse at the time peak volume arrived. You did provide the clarity I needed. Big suprise there.

 

[Mr_Black]

Nice change signal ....It was cell3 to cell4(Traverse Level) + peak volume and 1,2,3 sequence Up

 

[Mr_Black]

Down channel so far.

 

[Spydertrader]

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2026655>

 

[romanus]

Quote from Spydertrader:

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Spydertrader, if you'd be so kind.
I am having trouble figuring out what signal for change these two bars represent:

11:05 eob - an FTT of the pink down traverse,

13:05 eob - an FTT of the second blue up traverse

 

[Spydertrader]

Quote from romanus:

I am having trouble figuring out what signal for change

Did you evaluate the bars before these two points in time?

- Spydertrader

 

[romanus]

Quote from Spydertrader:

Did you evaluate the bars before these two points in time?

- Spydertrader

No, I did not.
But I will try now.
Thank you.

 

[Mr_Black]

Nice ....+6 points on this Hold...

 

[Mr_Black]

OK let see how I perform today .... from 14 point range so far I extract 10 lost 4 from my mistakes .... miss 4 from not taking action ....net profit for today is 6 points....i was 60% on the right side of the market

 

[Spydertrader]

Quote from Mr_Black:

OK let see how I perform today .... from 14 point range so far I extract 10 lost 4 from my mistakes .... miss 4 from not taking action ....net profit for today is 6 points....i was 60% on the right side of the market

Nicely done. Keep up the great work.

- Spydertrader