Iterative Refinement

[Mr_Black]

I am done for today.... this is my P/L...

 

[The Flaw]

Today's ESM8

 

[Spydertrader]

Quote from cnms2:

Spydertrader, would you please post your annotated ES 5 minute chart for today between 12:30 and 14:15? Thanks!

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1835092>

 

[cnms2]

Thanks bi9foot and Spydertrader

Does a Lateral Movement open the gate to check the YM as a Lateral Formation does?

 

[bi9foot]

Quote from cnms2:

Thanks bi9foot and Spydertrader

Does a Lateral Movement open the gate to check the YM as a Lateral Formation does?

Yes.

 

[TIKITRADER]

I will be posting daily ES charts as soon as I find some historical data I can feed the charting I have.
Right now I am getting data from the broker and they do not offer continuous contracts. This is what my daily looks like for now.
I should have daily data this week.
I am thinking about opentick for now.

I hope daily charts brings out some very good thinking, and to help myself to put the pieces together, and also if anyone can gain from everything that is posted, that is great.

 

[cnms2]

It's easy to forget these simple but powerful truths we started this journey with:

When a trend retraces or pulls back it begins right after the max volume occurred on the advance. At the end of any retrace or pullback you will see that the lowest volume was attained or reached.

Within a trend, the price moves in the trend direction as volume increases, and price retraces within the trend as volume decreases

when the volume peaks on the resumption, then the price MUST make a complete TRAVERSE to the opposite side of the trend's channel. If price does not make it, then you have just completed the final traverse of the trend. Thie end of the resumption is, in fact the very beginning of the new trendline of the next trend.

 

[Tums]

practice your PV...

http://www.inspectd.com/



courtesy of:
http://elitetrader.com/vb/showthread.php?threadid=121274

 

[TIKITRADER]

Quote from Tums:

practice your PV...

Ok, had a rough start came back and doubled. Lots of fun thanks!

 

[guavaman]

Fake Money. Real Stocks.
Inspectd.com allows you to test your stock market skills against the toughest competitor there is - the stock market itself. Here's how it works: we show you a random chart from the past, and you try to guess whether the stock rose or dropped. We'll even give you $100,000 in play money to test your skill. But beware: it's addicting!
Account Value: $232,057.05 (Last trade: $0)

Some of the charts are too small to consider.