Iterative Refinement

[guavaman]

 

[The Flaw]

difficult day: slow volume

 

[TIKITRADER]

WMCN

Discussions of Analysis

Skill improvement drill # 1.14





Here is the Video link for
WMCN skill improvement # 1.14


http://www.screencast.com/t/Mr9JxZw2v5



Attached below is the ES and YM screenshot.

 

[TIKITRADER]

ES Daily Chart April 14 / 2008




Daily bar formed a LL and a LH today on decreased volume and volatility

 

[romanus]

Quote from LostTrader:

today's ES

Hi LostTrader,

I am trying to figure out how did you come up with your carry over channel (I marked it "This channel" and arrows on your chart attached). If you'd be so kind to post which bars were used as pt1 and pt3 - I would really appreciate it. Thanks!

 

[LittleMac]

Looks like ANW had a nice little BO of a pennant today. Anyone catch it??

 

[8833broc]

This drill demonstrates how I actually trade and it ain't pretty.

 

[LostTrader]

Quote from romanus:
Hi LostTrader, I am trying to figure out how did you come up with your carry over channel

This should help.
As you can see from the lack of Gaussians, I was not around Friday. This CO was drawn in early this morning before market.

 

[Spydertrader]

Quote from innersky:

I'd say we have peak volume, and a bar with less volatility so expect change. If I take your clue in account, I'd say expect first flaw, then FTT.

Nicely done. FMCN performed exactly as anticipated, and followed through with your analysis made the night before the moves began. Great work.

Quote from astral:

Hey spyder, any idea when you plan to speak about forex ? I'm quite excited about it.

These things normally move to the forefront at the appropriate time. I'm confident, at the right time, this subject will follow the same route. Until then, if you can locate some Electricsavant's old posts, he may have described how I traded forex late one night.

Quote from gooch87:

Of course these are all paper trades, but still very promising and the difference is that it was totally calm trading....YEAAAHH!
Thankyou

Glad to help, and Nicely done. Keep up the great work.

- Spydertrader

 

[astral]

Oh todd, you made my day.

Damnit, there's so much to do, I hardly sleep of all the possibilities, it's unbelievable (The anti-wipsaw)

Could you maybe give me a little hint, is forex worth it

btw, what an effort you've done along the way, truly outstanding. I remember I heard you saying on one of these camtasia's that there were people who were passing this along with much greater effort...
However, I have a slightly different opinion