Iterative Refinement

A scientific justification of taking it slowly:
'... The findings should apply to other situations, including music and sports. "Music teachers know this principle; they tell you to practice slowly," ... "If you practice fast, you'll just practice your mistakes." '
 
How come you rotated pt 3 up? I dont have price moving higher on inc blk and also I think one of your bars printed wrong. You have like 90K lots traded on one and the bar looks very different from mine.

Regardless though, very nice trading MB :)

Quote from Mr_Black:

I did only one trade today for big $$$.....:D
 
Quote from Avi 8:

Well then, ask yourself what DO we expect to see during LM with respect to volume?

I'd say we expect to see decreasing volume during LM. Of course that's not always the case, at least the way I understand LM to be defined. I don't recall the exact words, but I believe the description was more or less when price closes inside the range of the prior bar. I see cases where LM exists with both inc and dec volume.

Thank you again for your efforts. I sense I may be looking at something incorrectly based on your statements, but alas, I still have no idea what you're driving at.
 
Quote from gravitonium77:

I'd say we expect to see decreasing volume during LM.
OK great, so that is what we expect.

Of course that's not always the case...
... I see cases where LM exists with both inc and dec volume...
So when the market show us something we DON'T expect, then what DO we anticipate?
 
Quote from sscott:

CHANGE!!!!!!!:D :D
Very good!

Quote from gravitonium77:

Bar 4 - ENTER short on increasing red volume...
My point is, did you make the 'right' decision on the close of this bar, for WMCN?
 
Quote from Avi 8:

OK great, so that is what we expect.

So when the market show us something we DON'T expect, then what DO we anticipate?


I think maybe a light bulb just went off, but I have an appointment I must leave for. I will study this more. Thank you again, and I hope you might be willing to field a followup question tomorrow.

Oh, the answer to your last question is, of course, CHANGE.
 
Quote from gravitonium77:

I think maybe a light bulb just went off...
Excellent!

...I hope you might be willing to field a followup question tomorrow...
Sure, but only if I can answer it as a rhetorical question and not provide the answer as an attachment.
 
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