Iterative Refinement

[Neoxx]

Today's log sample

 

[Spydertrader]

HTH.

- Spydertrader

 

[PTVtrader]

...

 

[Avi 8]

The only Dominant drill bars are:

1600
1005 next day
1015

 

[dkm]

Quote from Avi 8:

The only Dominant drill bars are:

1600
1005 next day
1015

Quote from Spydertrader:

As a drill, label each Bar as Dominant or Non-Dominant and include why you feel the annotated label applies .

 

[romanus]

Quote from Spydertrader:

es5min09082008.jpg

Thank you for the chart. As always, tremendously helpful in my pursuit of understanding the sequences.

Two questions, if you'd be so kind:

(1) The 2nd green up traverse (11:05 to 11:30 [close of]). Would I be correct in concluding that 5 min ES Traverse Level trader would hold through it?

(2) If the answer to the above is "yes", is it because the increasing red volume on 11:05 [close of] bar comes from spike, and therefore no permission to seek change exists on 5 min ES Traverse Level fractal?

Thank you.

 

[Avi 8]

Oops, add the 1615 bar as dominant also on the drill because it is a RTL BO

 

[treeline]

Will someone please post today's 2 minute YM chart? I quit paying exchange fees for it but I'm curious to see if it offered Traverse-level change signals at key times.

Thanks.

 

[ehorn]

Quote from treeline:

Will someone please post today's 2 minute YM chart? I quit paying exchange fees for it but I'm curious to see if it offered Traverse-level change signals at key times.

Thanks.

Here you go treeline.

 

[phineas j. w.]

Quote from Spydertrader:

Attached, please find a chart snip...
- Spydertrader

my attempt

[color=green ]
1) 15:50 [close of] DOMINANT – moving higher on incr. volume in an up traverse;
2) 15:55 [close of] DOMINANT - higher on decr. volume in an up traverse; [/color]
3) 16:00 [close of] non-dominant - moving higher intra-bar, on incr. volume, then closing below open.;
4) 16:05 [close of] non-dominant – retrace in an up traverse;
5) 16:10 [close of] non-dominant- neutral bar;
6) 16:15 [close of] DOMINANT – lower low on increasing red volume;
7) 09:35 [close of] DOMINANT – market opens higher on incr. volume, but closes lower, therefore the dominant direction is down; [color=green ]
8) 09:40 [close of] non-dominant – price moves off of low and above open on decr. volume;
9) 09:45 [close of] non-dominant – intra bar moves higher and spikes lower at close, on decr. volume; [/color]
10) 09:50 [close of] DOMINANT – price move lower intra bar and spikes up at close, on decr. volume;
11) 09:55 [close of] DOMINANT – price moves lower and closes at low on incr. volume;
12) 10:00 [close of] DOMINANT – price moves lower intra-bar and spikes higher at close of bar on incr. volume;
13) 10:05 [close of] DOMINANT - price moves up at open and back to low of bar all intra bar and closes off low on incr. volume; [color=green ]
14) 10:10 [close of] non-dominant - price creates a pennant and closes up on decr. volume;
15) 10:15 [close of] DOMINANT – price closes at high, on incr. black volume;
16) 10:20 [close of] DOMINANT - price closes off of high on decr. volume;
[/color]

Phineas,