Iterative Refinement

Quote from guavaman:

:cool:

Upon further review, just about all the morning channels are for ____ (same as dung :D).

But thank you just the same.

I thought these channels were ok. I hope you were able to profit from them.
 

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Quote from TIKITRADER:

I have seen quit a few threads around over the last year that had the typical Spyder, Jack bashing.

Shame they never bothered to even try to get to know Spyder.
He has given us 5 amazing journals to learn from, and to always be able to go back at any time and review to sharpen our skills.
I had a chance to meet him and spend a day on a full review. He asked nothing but to pay attention for my own good.

I offered to treat for a night out to say thanks for all I have gained. His answer was. . . no need, just to know everyone is getting this is all I ask.

Never once did he ask for anything in return for his tremendous amount of work here. Even when offered, felt it was not necessary.

The only motive this guy has. . . is just to see everyone do the work. He has provided the complete method from equities to futures to work from. Show that you work and put in the time, and that is the payback.

For all you have done and continue to do. . .


Seriously, Thank You.

Ditto all of this from me too.

Gooch87
 
The following questions I received in a PM.

I am posting them for others to answer first.


Context: Uptrend that transitions into a retrace to RTL. We have decreasing Volume for a few bars. On each bar we are running through the four possible scenarios of WMCN for the non-dominate retrace to continue.
1) Dec. red volume to RTL = hold short
2) Inc. red volume to RTL = hold short (see if missing channel exist).
3) Increasing black volume = reverse long.
4) Decreasing black volume = ?????
5) Inc. red volume that transitions into IBGS and forms Outside bar closing above down tape = ?????

Suggestions?
 
Quote from ivob:

Nice document.

Just a remark.



Maybe you forgot the most important:
An FTT is an attempt and then a failure of price to traverse to the Left Trend Line.

regards,
Ivo
Thanks Ivo,
I included that in the corrected document.
Thanks
sscott:D
 
Quote from Avi 8:

The following questions I received in a PM.

I am posting them for others to answer first.


Context: Uptrend that transitions into a retrace to RTL. We have decreasing Volume for a few bars. On each bar we are running through the four possible scenarios of WMCN for the non-dominate retrace to continue.
1) Dec. red volume to RTL = hold short
2) Inc. red volume to RTL = hold short (see if missing channel exist).
3) Increasing black volume = reverse long.
4) Decreasing black volume = ?????
5) Inc. red volume that transitions into IBGS and forms Outside bar closing above down tape = ?????

Suggestions?

Would #4 mean a lateral formation?
and what is the IBGS? increasing black and ????????????
 
Quote from Avi 8:


.....
4) Decreasing black volume = ????
5) Inc. red volume that transitions into IBGS and forms Outside bar closing above down tape = ?????

Suggestions?

4) Hold Short (retrace of a retrace)
5) Reverse Long.
 
Quote from sscott:

Would #4 mean a lateral formation?
and what is the IBGS? increasing black and ????????????

Ok, I found it IBGS is Intra-Bar Gaussian Shift.
 
Quote from sscott:

Would #4 mean a lateral formation?
and what is the IBGS? increasing black and ????????????
increasing black and go short ??????



(just kidding)
 
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