Iterative Refinement

First Quiz of the Year


1. Describe the characteristics of a Lateral Formation.


2. Describe the characteristics of a Lateral Channel.


3. Fill in the blanks:

Lateral ___________ = anticipate resumption of trend prior to Lateral ___________ .




ans: Chat log Feb 1, 2008 11:06:13 AM
 
Spyder, after reviewing the chat log I understood what you were saying about the DOM wall and T&S (I had missed reading one of your entries to the chat). Someone else may have the same question at some point, so below you'll find the basic exchange. Thanks for yesterday's discussion.

Padawan: hey Spyder, let's say we see a wall as resistance in an up channel. are we looking for T&S to show about the same number of contracts coming into the market as the wall does to the downside in order to get a signal for change?...i'm a bit confused as to what size we should see coming into the market as a percentage of the wall size

Spydertrader: no padawan if you see the wall disappear (meaning buys with T & S SHOWING size and / OR PULLED CONTRACTS) means price continuing...no size and no pulled contracts means change
 
Quote from Spydertrader:
If anyone has an interest, I plan to spend the day in the ET Chatroom on Friday - answering questions on Equities and Futures. Feel free to stop in and say hello.
- Spydertrader


Quote from ericta:
Damn, I missed again!! Anyone has the log?
I missed it too. There were over 40 people lurking in the room! I would have taken down the names. ;-)>
 
Quote from optioncoach:

Ok my post was deleted, if someone has the answer can you PM me as I am interested to know about that ad in FUTURES. Thanks!

See this post. If anyone has additional questions, feel free to post them in the Software Discussion Thread.

- Spydertrader
 
I'd be very interested in learning why both optioncoach's and nkhoi's posts regarding the Peak Trading Group software were censored. This is not proprietary info, and it clearly is pertinent to the thread/ methods discussed. I'm trying to stifle thoughts of Denmark ...
 
Quote from mephistoII:

I'd be very interested in learning why both optioncoach's and nkhoi's posts regarding the Peak Trading Group software were censored. This is not proprietary info, and it clearly is pertinent to the thread/ methods discussed. I'm trying to stifle thoughts of Denmark ...

It has been requested on several occasions that we relegate the Software discussions to the Software Discussion forum. While I cannot speak specifically to the reasons behind the post deletions, my best guess is that the discussion belonged in a more appropriate location, and not, as an attempt to stifle dialogue.

Just my opinion.

- Spydertrader
 
Thanks, Spy - I was forming my question during the time you posted about using the other thread for such discussion. Just seemed to be a bit heavy-handed for the posting clearance, and couldn't help but feel there is an agenda at work somewhere. But that's my problem ... :)
 
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