Iterative Refinement

[guavaman]

Quote from capcom:

What is that signal of change on the traverse after sequences are complete?

The Journal knows

 

[capcom]

Quote from guavaman:

The Journal knows

So much for conversation!

 

[romanus]

Quote from capcom:

What is that signal of change on the traverse after sequences are complete?

He may be talking about peak Volume, or Jokari Window Change or Formation/Pennant FBO, for example.

 

[guavaman]

Quote from capcom:

So much for conversation!

What was I thinking, the considerate thing to do would be to have distilled 17 months of intense study into a succinct and comprehensive list that incorporated every possible contextual consideration used to judge a traverse level signal of change.

Maybe next time

 

[Mr_Black]

so far

 

[sscott]

Quote from Mr_Black:

so far

Is your 1755 FTP a FBP?

 

[romanus]

Quote from Mr_Black:

so far

Now why, WHY every day can't be as clear and unambiguous as today, when the market speaks so loud even the blind can see.

 

[romanus]

Quote from Mr_Black:

es 09-08 8_26_2008 (5 min).png

I think we just finally got a change signal in a down traverse two bars back - 19:45 [close of] IBGS.

 

[treeline]

Quote from Tums:

Quiz for everyone:

If you were short, what is the requirement for liquidation?

Quote from TIKITRADER:

I am waiting for signal of change on the traverse, after sequences are completed.

On TIKITRADER's chart, I see a Traverse-level change signal on August 20. This bar was an IBGS on IRV, after completion of Points 1, 2, and 3 down. We've recently been taught to view such bars as having increasing black Volume for Jokari Window analysis, so we should be anticipating continuation up after August 20. This is what we got for 2 days, but the Traverse did not end. I will have to study it further to see if there's another way to annotate which would not give a Traverse-level change signal on 8/20.

 

[treeline]

Quote from romanus:

Now why, WHY every day can't be as clear and unambiguous as today, when the market speaks so loud even the blind can see.

For me, everything is clear and unambiguous until 11:30 EST. At 11:30, I see an IBGS on IRV (after P3 down), and I run into the same issue I had on TIKITRADER's daily chart. This bar looks like a Traverse-level change signal (TLCS), but the market continues down. I need to figure out how to avoid seeing these bars as TLCS's.

Edit: the 11:25 bar also appears to give a Jokari Window TLCS. Price moves down on DRV and doesn't close in LM.