Iterative Refinement

Quote from romanus:

I was hoping to find the missing part as in "YM leads ES" statement. Good luck applying that one bar to bar. :D But when you add "at times of change" the world is suddenly illuminated.
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Are you saying you wish to add

YM leads the ES at Points of Change

to the list of things you know? :D

- Spydertrader
 
Quote from gravitonium77:

In order to better see the PV relationship play out, I invented a little exercisie. I simply went through several days charts, and bar by bar marked each bar that actually had increasing volatility when compared to prior bar along with increasing volume. Likewise for bars with diminishing volatility and declining volume.

IOW- I marked the bars that the PV relationship appeared to work, and where it appeared to not work.

What I found was that (very) roughly about half the time the PV relationship did NOT hold on a bar to bar basis when examined in this manner. Can anyone suggest a means for me to be able to see the relationship the way that is required? I'm prepared to do whatever work is necessary, but simply staring at the charts is not going to do it as this PV idea is very old Wyckoff stuff and I've been aware of it for years, and have consistatnly failed to see it's efficacy. I assume I must be approaching my perspective wrong.
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Go back and apply context to your samples and see how it filters the results.

For instance separate bars in dominant price moves from non-dominant moves as a start. Then, in which part of the 1-2-3 sequence were they? I would think this refinement should shed some light.
edit:in addition, of course, to all of the more recent discussions.

By the way, as a Wyckoff student I find the PV principles of both mehtods very similar. Wyckoff's principle of Effort vs. Result had detailed Jack's Jokari window before he was born.
 
Quote from Spydertrader:

Are you saying you wish to add

YM leads the ES at Points of Change

to the list of things you know? :D

- Spydertrader
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:D Sorry it was late at night:D
 
Quote from Spydertrader:

What else, besides what has already been posted, do you know about this methodology.

- Spydertrader
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I'm late to the party so a lot has already been posted. Here's one more thing that I know about this methodology, at least as regards myself:

The shortest path to success with this methodology does not involve simming or adding finer tools before one has mastered Monitoring using only ES and YM Price and Volume (including PRV).
 
Quote from Jesus_Freak:

Hello all,
I wanted to pass a trade by yall, and see what you thought. I have attached the Daily and 5 minute chart below for the stock GIGA. I have been watching thiis stock closely for several days because of the daily chart.
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Followed GIGM for a long time also from my days subscribing to Navellier. Stock is in severe dry up since the first of the year with only a couple of days when the stock volume on an up day exceeded the 65-day average. Most of the time it has been down but on light volume and, when up, volume is miniscule.

Even last week with an analyst's recommendation and predicting 40 percent sales growth, the stock still languishes. Seems like everyone is waiting on the earnings report. I have attached my daily chart showing the dwindling daily volume. This probably meets JH criteria for VDU at least several times during the last few weeks.

While I am posting, might as well cite Monday's Bruno stocks for for anyone itnerested which are BIDZ, JASO and MALL.

Stocks in dry up in addition to GIGM are ACF, ANW, ASYS, CALM, CHNR, CXO, CZZ, DBTK, DRYS, EHTH, FMCN, GES, GRRF, GSOL, HOKU, IIG, MALL, MEE, MTEX, NCTY, NNI, OMTR, SEED, SIGM, SOLF, SPWR, STP, STV, TGIC, TRA, TSL, UA, UDRL, VDSI, VIP, XING, YGE.
 

Attachments

Quote from Spydertrader:

Stay out of the rabbit hole.

What else, besides what has already been posted, do you know about this methodology.

- Spydertrader
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The market is either in a mode of continuation of change. Recognizing the current mode allows a trader to closely follow the market and extract profits.

Also, the Three Things that may follow an FTT: another FTT, a BO, or an FBO.
 
Spydertrader,

Would you please follow up on this and explain what is the commn theme between the three bars? Thanks :)

In case you don't have handy your chart, please use mine or romanus'.
Quote from Spydertrader:

... While you may see the 15:45 (close of) Bar as change, have you articulated why you see it as change - even though it appears to violate the Jokari Window? What is it about that specific bar which informs your brain to 'see' change? What about the 15:15 (close of) bar? 15:55 (close of) Bar?

What common theme exists between these seemingly completely different Price bars?

- Spydertrader
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Quote from cnms2:

Spydertrader,

Would you please follow up on this and explain what is the commn theme between the three bars? Thanks :)
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All three signal change. However, all three signal change for a very specific reason. This they also have in common. Figure out the reason behind the signal, and you'll have the keys to success you need.

- Spydertrader
 
What we know ...

YM leads the ES at Points of Change

Price volatility and direction is proportional to volume.

Chanels Represent both Fractal and Dynamic areas of Support and Resistance

The Sequences of Points One, Two and Three repeat throughout the trading fractal

The market exists in a binary state of Continuation or Change

Anything else?

- Spydertrader
 
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