Iterative Refinement
- Thread starter Spydertrader
- Start date
5 minute so far . . .
Do you mean the down traverse as per the red arrow ?
If so, I saw todays magenta traverse as the last travers to complete the sequence..
Ah hang on, I can't have a P1 of new channel before P3 of existing channel ?
As I said, the Yellow was an IF..
So the Yellow P1 is a P2 of CO channel with Yellow P2 as a P3 ?
THx
If so, I saw todays magenta traverse as the last travers to complete the sequence..
Ah hang on, I can't have a P1 of new channel before P3 of existing channel ?
As I said, the Yellow was an IF..
So the Yellow P1 is a P2 of CO channel with Yellow P2 as a P3 ?
THx
Avi..thx as per the CO.
I'm not sure how to verbalize what I want to say.
My first post I made today I wasn't sure how to read the sequence within the blue up channel from the tapes.
I gues your giuding me towards an answer to that too in that I need to "see the sequence complete..?
I did see the blue as per anotating the P1 P2 P3. but did not see the 17:20 bar as traverse change. ?
Price did move from blue LTL to RTL with a BO on the 17:45 bar.
But whilst that bar was on IRV to confirm the BO, it came out of a lateral with no further IRV on bar 17:50 and price returned into the Blue.
So 17:45 bar was a BO on IRV + PV = change to up dominance ?
(eedit) or rather if 17:20 was NOT change on traverse level then the 17:45 wasn't change to up dominance as we had not completed the up travers yet (hence price continued up ?
What I want is to Know (for the method over all).
I must be able to see what "this bar" means in relation to the future and not just the recent past.
A tall order I know, but I've done it many times, but also many times I've not seen where or why price is doing what it's doing.
Forgive the virbage.
Attached chart for to understand sequence through remainder of today..
Many thx Avi
FilterTip
I'm not sure how to verbalize what I want to say.
My first post I made today I wasn't sure how to read the sequence within the blue up channel from the tapes.
I gues your giuding me towards an answer to that too in that I need to "see the sequence complete..?
I did see the blue as per anotating the P1 P2 P3. but did not see the 17:20 bar as traverse change. ?
Price did move from blue LTL to RTL with a BO on the 17:45 bar.
But whilst that bar was on IRV to confirm the BO, it came out of a lateral with no further IRV on bar 17:50 and price returned into the Blue.
So 17:45 bar was a BO on IRV + PV = change to up dominance ?
(eedit) or rather if 17:20 was NOT change on traverse level then the 17:45 wasn't change to up dominance as we had not completed the up travers yet (hence price continued up ?
What I want is to Know (for the method over all).
I must be able to see what "this bar" means in relation to the future and not just the recent past.
A tall order I know, but I've done it many times, but also many times I've not seen where or why price is doing what it's doing.
Forgive the virbage.
Attached chart for to understand sequence through remainder of today..
Many thx Avi
FilterTip
5 minute ES October 30 2008
Truth be told I got snookered by the down move that started at 15:15. In hindsight, as tough as it would have been, I believe a "hold" was the correct action and not a reversal at the development of the R2R at 15:10 to :20 and have to play catch up when 16:00 BO'd the LM to the upside.