Iterative Refinement
- Thread starter Spydertrader
- Start date
Okay, todd, I'd like to ask just couple of questions. I hate doing this, but here goes:
I'd like to know why:
1: when I see major green/red volume rushing in T/S, how come price goes into the opposite directing, better yet, sometimes it doesn't. I know *context* is in play, but just a little hint would be really appreciated.
2: yesterday on the "thoothpick" bar, price reallied up 2points on "NO VOLUME", and then dropped down 15points. This happens 20times a day on micro level. What's the catch?
How the interpret this?
I know YM would give me signals, as Stretch squeeze would, but I don't care about signals. I prefer *getting* it.
ps: One little hint is all I ask, I'm serious though, I want to re-invent the wheel.
edit: now that I look at it, the 2point rally was on pretty high volume, but my question still remains, though
I'd like to know why:
1: when I see major green/red volume rushing in T/S, how come price goes into the opposite directing, better yet, sometimes it doesn't. I know *context* is in play, but just a little hint would be really appreciated.
2: yesterday on the "thoothpick" bar, price reallied up 2points on "NO VOLUME", and then dropped down 15points. This happens 20times a day on micro level. What's the catch?
How the interpret this?
I know YM would give me signals, as Stretch squeeze would, but I don't care about signals. I prefer *getting* it.
ps: One little hint is all I ask, I'm serious though, I want to re-invent the wheel.
edit: now that I look at it, the 2point rally was on pretty high volume, but my question still remains, though
Quote from cnms2:
Light Crude Oil at $120 ...WMCN?
For some reason I think the stretch squeeze concept* would give you the answer. Just my opinion though.
Eurodollar/gold/Oil/...
* For me stretch squeeze contains a far more complex system, then what Jack threw on these boards, however I have not yet investigated this case
SSRX continued movin' on up today. Wish I had gotten back into JRJC. I was in for about .60 on the up move two days ago. Yesterday seemed like a move to a point 2 to me and towards the end of the day a point 3 established itself on the 30 min chart. If i was at my computer Id have bought towards end of day. Today it is up nicely. Congrats to anyone who held that.
Comments appreciated
Comments appreciated
Following convention isn't one of your strong suits is it? Neither does 'following advice' rank high among your list of priorities. Whether its adhering to strict scientific guidelines for learning the methods discussed, internalizng the process in order to devlop sports memory, or even, addressing the OP in a cavalier fashion, you've shown (through your posts) an inability to follow directions (Remiiiiind you of anyone? [said in the best Craig Ferguson voice possible]) . To that end, why continue to ask for advice which history indicates you have absolutely no intention of following?
I encourage you to review posts which specifically discuss how the P-V Relationship operates on the DOM Level. However, since I have yet to see you post a thoroughly annotated chart, perhaps you should focus on the 'M' portion of the M-A-D-A paradigm before moving on towards complexity. After all, if one cannot grasp the 'simple' things, how can one expect to grasp higher level concepts?
I'd recheck my data if I were you. Also, why operate at the molecular level when you appear (again through your posts) to have an inability to 'see' the forest through the trees.
Quote from astral:
I know YM would give me signals, as Stretch squeeze would, but I don't care about signals. I prefer *getting* it.
While you may prefer 'getting it' you certainly don't appear willing to do the requisite work which facilitates the process of 'getting it.' Second, if you know something happens, perhaps you could focus on when something happens, and therein, find the why.
I've provided more than just a 'hint' spanning 4 full journals. Someone with such a high level of intellect would have come across such things during their purposeful learning. If your goal is to "reinvent the wheel," then by all means feel free to do so, but you get to do that work. I've done mine already.
Quote from astral:
:edit: now that I look at it, the 2point rally was on pretty high volume, but my question still remains, though
Which question still remains? The one where reality differed greatly from your assertion, or the one where you fabricated the critical data required to make a decision and ignoried the sufficient data set (and context) provided by the market?
Why not start (where all great journeys start) at the beginning, rather than, jump ahead because you're 'smarter than the average bear.' Many of us have already seen that act, and I for one, have no desire to 'see' it again - especially since so many 'get it' by following the path already prescribed, rather than, inventing a new one.
- Spydertrader
Assuming today's trading ended at 11:00 AM this morning (Eastern Time), the market provided three crystal clear signals - enter, reverse and exit. Today's quiz: Post the signals, when they occurred, why they occurred, and whether or not you followed them.
- Spydertrader
- Spydertrader