Iterative Refinement

[astral]

I've reread your post.

For some reason, I FEEL that somewhere, I don't know where, there is something which would help people to get the light bulb instantly.

After all, this is the refinement thread, right?

 

[ivob]

Quote from Spydertrader:


...
Try learning to anticipate the BO of the Laterals, rather than, attempting to trade within them. In other words, 'see' the right side of the market, in the bigger picture, instead of, bar to bar, when you 'see' laterals forming.

Having said that, any day where one walks away profitiable is a pretty good day. Nicely done.

- Spydertrader

Thanks for the advice. I see very clearly the opportunities at the borders of the laterals. I see quickly when a true bo takes place and I also see the fbo's that mean "anticipate change" as well as the ones that say "wait a little longer".

However, because of the overlap of the laterals I wasn't even sure where I was and where the borders were at that moment. Then I lost it for a little while.

regards,
Ivo

 

[Spydertrader]

Quote from astral:

Todd, I appreciate you quoting me, but for me it is simply mind blowing if someone with the basic paradigm presented by you can NOT manage to reach over 12-20 points a day, consistently.

I feel it's like a duty to help those people, if you would like me to refrain from posting like that, by all means say so and I will stick to your paradigm.

If I visualize, and put myself into the place of others (the incompetents), I, for some reason feel where they struggle. So just tell me how you would like me to communicate with others in your thread.

It comes to my understanding that words written in a forum can get a completely different interpretation, so If I write things down, which seem odd, please say to me.
The English language is FAR from my mother language




It's nice to have a conversation with you, Todd. Again, if you would like me to help people on a certain subject, please say so.

While I understand English isn't your primary language for communication, might I suggest you refrain from describing those, less enlightened than yourself, as 'incompetents.' By all means, feel free to post your observations and experiences in a manner you feel might help those still striving toward profitiability. However, contributing in a less abrasive fashion might engender those who, after reading several of your initial posts, may feel somewhat alienated by your comments. After all, "You get more bees with honey, than with vinegar."

Always try to keep in mind that people cannot 'see' through your eyes. As such, contributions made, in written form, need to paint a picture visable by all - and not just the artist. Even under such ideal conditions, every painting becomes open to the interpretation of the viewer. This simply is the way the world works in a two dimensional learning environment.

Some 'see' the vision, while others, do not. If you want people to 'see' your vision, paint a picture they can 'see.'

Good trading to you.

- Spydertrader

 

[TIKITRADER]

WMCN

Discussions of Analysis

Skill improvement drill # 1.18





Tonight is the last bar of WMCN.
I hope this drill was enlightening.
Always great to share with a good group of people here.
This is bar 18 and added an extra 5 minute bar to the video for a little more info.

I will post the drill date and times next with the chart.
All the contributions were very generous and helped others in their journey.



Here is the Video link for
WMCN skill improvement # 1.18


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



Attached below is the ES and YM screenshot.

 

[romanus]

This evening was a terrific learning experience for me. Extremely grateful to Spydertrader and everybody else who contributed.

 

[TIKITRADER]

WMCN

Discussions of Analysis

Skill improvement drill - The day revealed.


This is the entire day of the drill.
The date is March 13 2008.
The time is from 2:30pm to 4 pm.

Keep in mind that the drill had only given so much data to work with.

All annotations on the chart are a result of what was known at the time of the drill with the data provided.



In the complete context of the day, the channels would have been annotated with all known data.

Great work everyone and thank you.

 

[Padawan]

Quote from romanus:

This evening was a terrific learning experience for me. Extremely grateful to Spydertrader and everybody else who contributed.

Agreed. As an "incompetent" (ROFLMAO) it will take some time for me to internalize everything posted today. Looking forward to the weekend. Have a good one, everybody.

 

[TIKITRADER]

ES Daily Chart April 18 2008.

Daily ES bar made a HH and HL on increased volume and volatility following yesterday.


I will continue posting the Daily ES charts on May 2.
Leaving this weekend for a long vacation on sunny beaches in gulf coast Florida.

Good trading to each of you ( thats right - including all incompetent slackers) Get your act together will you!

TIKI

 

[TIKITRADER]

Here is one more post.
A different view of the ES daily.
This is the fourth attempt at the 1380 to 1400 range.

Have a great weekend everyone.

 

[guavaman]

Quote from TIKITRADER:

thats right - including all incompetent slackers) Get your act together will you!

I tried so hard to keep my incompetence a private matter, but now the cats out of the bag Please don't think ill of me