Iterative Refinement

Hi Padawan, I appreciate the additional information that has an impact on the SP500 and the ES. I read IBD also and it has helped to bolster Jacks initial statements about picking good stocks etc.
The main purpose of that last series of charts was to try and show how I anticipate what the market may do in all three directions. I hope nobody uses them to make trades from. I think it is important to fully contain price and then determine which fractal is working NOW. I agree with cnms2 that hold short on the daily is order of the day, but in the event increasing prv and improved price then point 3 for up would be the order of the day. Anyway since price moved lower than yesterdays close, we are still in continue down, the lateral is off the table and we are looking for increasing red volume or change.
Good trading to you
gooch87
 
Quote from romanus:

My gaussians are complete mess, but it looks like we had FTT 12:15-12:20 (bar 34) followed by B\/B.
More...

Hi romanus,
I was comparing my chart to yours and for some reason the time does not line up correctly, either my chart or yours is 5 minutes off. My 10:00 bar shows peaking black volume, but on your chart it peaks at 10:05. Check it out.....
 

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Quote from sscott:

Hi romanus,
I was comparing my chart to yours and for some reason the time does not line up correctly, either my chart or yours is 5 minutes off. My 10:00 bar shows peaking black volume, but on your chart it peaks at 10:05. Check it out.....
More...

I think it's because NinjaTrader marks the end of the bar instead of the beginning like most of the others. Your's looks like QuoteTracker - and your first bar of the day marked 9:30 shows on NinjaTrader as 9:35.
 
Quote from gooch87:

Hi Padawan, I appreciate the additional information that has an impact on the SP500 and the ES. I read IBD also and it has helped to bolster Jacks initial statements about picking good stocks etc.
The main purpose of that last series of charts was to try and show how I anticipate what the market may do in all three directions. I hope nobody uses them to make trades from. I think it is important to fully contain price and then determine which fractal is working NOW. I agree with cnms2 that hold short on the daily is order of the day, but in the event increasing prv and improved price then point 3 for up would be the order of the day. Anyway since price moved lower than yesterdays close, we are still in continue down, the lateral is off the table and we are looking for increasing red volume or change.
Good trading to you
gooch87
More...

Thanks, Gooch. :)
 
Well Spyder,
It took 4 losing trades to get synchronized and then I was out during lunch and the last hour.
Still with 13trades total extracted 8.50 points.:)

here are my stats for the day:
Losers 6 with biggest loser 2 points. Total for the losers: 4 points
Winners 5 biggest winner 5.25
Total for winners: 8.5 points.
Washes: 2
No chart to post today because I deleted all of the lines when QT started hanging.
Of course these are all paper trades, but still very promising and the difference is that it was totally calm trading....YEAAAHH!
Thankyou
Gooch87
Only used the ES P/V for this too:)
I had to edit this because I counted my winners and losers wrong. :(
 
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