Iterative Refinement

[Spydertrader]

Quote from Jander:

Unfortunately work intervened most of the day, but hindsight seems to be getting closer to realtime annotations lately.. Thanks for your continued support

Not a problem .....

First, you see it. Then, you see it faster. And finally, you learn to anticipate it.

- Spydertrader

 

[guavaman]

Quote from Spydertrader:

Spend some time reviewing your Gaussians. They are off just enough to possibly cause you a problem or two.

Sorry, I never revised my revisions from when I thought you invalidated my initial annotations this a.m. . Hope these traverse level G's are more correct.

 

[guavaman]

Maybe the chart would be helpful

 

[PTVtrader]

Quote from Spydertrader:

Start with the previous down traverse. Where is the right trend line? Now, locate the Point Two of the Traverse in question. Note its location with respect to the previous down traverse RTL. As such, one knows an accelerated traverse is about to form (in order to place a Point Two in the correct location). Since a channel has ended (and another is about to begin), and since we know an accelerated Traverse is about to form, we know what started as a traverse, is about to widen out and become a channel.

- Spydertrader [/B]

Thanks, that helps put more pieces together. So the faster fractal traverse that started the day(12/3/08) is actually a pt 2 to pt 3 tape on a sequence 1 of the channel? One other question....do accelerated traverses only form on sequence 1 or can they recycle on sequence 3 which would then start another accelerated traverse that will widen out? Once again, Thank you

 

[dkm]

12/3 debrief. Unsure of where I was in sequences for most of the day in real time.

 

[Spydertrader]

Quote from PTVtrader:

Thanks, that helps put more pieces together. So the faster fractal traverse that started the day(12/3/08) is actually a pt 2 to pt 3 tape on a sequence 1 of the channel?

The market certainly concurs with this assessment.

Quote from PTVtrader:

One other question....do accelerated traverses only form on sequence 1 or can they recycle on sequence 3 which would then start another accelerated traverse that will widen out?

You already know the answer here becuase you have already seen Answer B take place in the past.

- Spydertrader

 

[guavaman]

I don't see where the IRV at 10:15 meets any of the three conditions where increasing volume in the non dom direction doesn't create a change in dominance.

1. Lateral or Pennant BO
2. Outside Bar or Spike bar
3. RTL BO of accelerated tape.

This confused me in this instance as it has in others. I know there is a caveat that we can see such increasing volume when we are in a larger channel in the non dom direction, but I am not certain this would apply here.

Any thoughts?

 

[bi9foot]

Quote from guavaman:

...
Any thoughts?

Faster fractal traverses perhaps.

 

[Spydertrader]

Quote from dkm:

Unsure of where I was in sequences for most of the day in real time.

Even though one may not have known where one stood with respect to the channel sequences, as long as one knows where they are with respect to the traverse level sequences, the market provides the opportunity to know when the time has come to shift sides of the market.

- Spydertrader

 

[guavaman]

Quote from bi9foot:

Faster fractal traverses perhaps.

If this is so, than it met # 3.