Iterative Refinement

I thought I would dust this one off as it seems to be quite appropriate tonight; :)

Quote from Spydertrader:

Unless one has lived in a cave over the weekend, one cannot help put notice the amount of panic apparent in so many news programs, ET Threads and in the voices of Financial Gurus with respect to the current market conditions world wide. Before the Market Open tomorrow morning, take a moment to remind yourself to remain focused, stick to the plan and trade the signals provided by the market.

It is within this seemingly chaotic environment that tremendous opportunity exists.

Good Trading to you all.

- Spydertrader
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Check TIKITRADER's daily chart to see what happened during the next 2 days (Tue-Wed 1/22-23) following Spydertrader's evening post. This Tuesday's the Fed's meeting ...
Quote from ehorn:

I thought I would dust this one off as it seems to be quite appropriate tonight; :)
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Each is liable to panic, which is exactly, the terror of ignorance surrendered to the imagination. Knowledge is the encourager, knowledge that takes fear out of the heart, knowledge and use, which is knowledge in practice. They can conquer who believe they can. It is he who has done the deed once who does not shrink from attempting again.

- Ralph Waldo Emerson
 
Quote from Spydertrader:
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Spyder, I am curious about your blue channel on your ES2 chart.
I do have a matching channel on the YM; however, this one
I removed from my ES, as I do not see the Gaussians that support the pts 123 (on ES). I do have your green channel [in grey as a pseudo-tape], and I later drew a blue one from the same 1340 pt 1 to the 1430 bar.

Did you see Gaussians for your blue 123 on a finer level?

Thanks!!
 
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