Iterative Refinement

[Mr_Black]

The 2 basic Fractals....(1)>>>(1)=?, (2)>>>(2)=? , (1)>>>(2)=? , (2)>>>(1)=?......

 

[Mr_Black]

Fractals Sequence....

 

[palinuro]

Quote from Spydertrader:


Today's chart contains loads of helpful information. I added extra annotations throughout in an effort to provide clarity.

(All times Eastern and [close of] ES bars)

- Spydertrader

Thanks very much for the chart and added annotations - I already had it marked as a day for extra analysis...

- palinuro

 

[tobbe]

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2155927>



EDIT: Looks like the journal will reach 1 119 000 page views this year (using PRV).

Thank you Spydertrader and all contributors for the best thread on ET.

 

[ehorn]

Quote from tobbe:

...Looks like the journal will reach 1 119 000 page views this year (using PRV)...

lol! PRV = Pro Rata Views. I am anticipating an increase in pace... WMCN!

Quote from tobbe:

Thank you Spydertrader and all contributors for the best thread on ET.

Hear Hear!

 

[TIKITRADER]

Congratulations on your successful journal, and a year of tremendous contributions here and the related software thread.

 

[tobbe]

Quote from tobbe:
EDIT: Looks like the journal will reach 1 119 000 page views this year (using PRV).

I shouldn't do PRV calculations without a calculator. The correct PRV number is more like 1 192 800 views .

 

[romanus]

Quote from Spydertrader:

The 10:05 Bar shows the Market heading higher in the dominant direction as Price moves from Point One to Point Two. Again, the market proides this information in real time by the close of the 10:05 bar (even sooner for those who trade intra-bar). With respect to the 11:20 Bar, the market (once, again ) shows Price moving from Point One to Point Two - only at an accelerated rate. A trader know the market has intentions of creating an accelerated point Two, simply because, the market had already created a Point Two previously in the day.

I am having trouble understanding the statement highlighted in red. Specifically the causality here is difficult for me to discern. The CAUSE (the market had already created a Point Two previously in the day) is connected with the EFFECT (the market has intentions of creating an accelerated point Two).

I am unable to see the connection between the two and understand how "the market's intentions of creating an accelerated point Two" is a direct consequence of the fact that "the market had already created a Point Two previously in the day"

Quote from Spydertrader:

If you look closely at the areas which you feel the market 'changed its mind' you'll see the market had already made its intentions quite clear well in advance of the area which provided you a bit of uncertainty.

1. I have tried to compare how the tapes contain the market move back into the channel after Point 3, but have not found the evidence that an accelerated up tape is indicative of market intentions to widen a traverse into a channel
2. I have also attempted to compare the gaussians this Friday with two other examples where market has widened a traverse into a channel ( 10-03-2008 and 08-28-2008) and in both cases after the 'P2->P3' lateral is broken in the direction opposite to the trend, the gaussian annotations reflected it as a dominant move. No such annotation exists on Friday and one can't make case for B2B here which would indicate P1 to P2 movement as the market creates an accelerated P2
3. I have also looked at where the market finds itself in the sequence which started from Thursday, but unable to make any conclusions.
   [/list=1]
   
   Determining when the market intends to create an accelerated P2 and/or widen the traverse into a channel remains a task which I am unable to accomplish. I would greatly appreciate any advice which would help me overcome this obstacle.
   
   Thank you.

 

[Spydertrader]

Rather than parse your post which refers to a specific example, kindly articulate what you think when you see the market provide 'Pace Acceleration' on your chart.

What does the market say to you when you know you have witnessed Pace Acceleration in action?

What do you know happens next?

Feel free to use visual aids.

Edit: Anyone can feel free to jump in here as well.

- Spydertrader

 

[charts]

Quote from romanus:

... 3. I have also looked at where the market finds itself in the sequence which started from Thursday, but unable to make any conclusions. ...

... my take ...