Iterative Refinement

[LostTrader]

YM

 

[The Flaw]

Felt I had mixed signals and found it difficult to trade today.

 

[romanus]

What beautiful day to enjoy and embrace the laterals. After 2.5 hours watching the paint dry the market finally woke up

 

[treeline]

Today's ES. I treated Bar 7 similarly to Bar 7 from 5/5/08, for similar reasons to those outlined in #6 of this post:

http://www.elitetrader.com/vb/showthread.php?s=&postid=1911954#post1911954

 

[romanus]

Quote from ivob:

Another tricky bar.
Wouldn't we normally expect a point 3 after this?

regards,
Ivo

1335 [1340 close of] was a pt3, but since this was pt3 in a non dominant traverse which I am not supposed to trade, I just watched for FTT's after that to go long.

 

[Ireland]

Has anyone automated the equities search for earnings dates and would you be willing to share?

 

[treeline]

Quote from Ireland:

Has anyone automated the equities search for earnings dates and would you be willing to share?

This Excel spreadsheet was provided by someone quite a while ago. I apologize for not giving credit to the author, but I don't remember who it was. Unfortunately I haven't gotten it to work on Vista but it works fine on XP.

 

[Spydertrader]

Quote from Ireland:

Has anyone automated the equities search for earnings dates and would you be willing to share?

I recall a web site link (Nkhoi?) someone posted awhile back, and a few short discussions where people planned to build a small application for 'scraping' this information. I too would be interested in using any such application which automated the location of Earnings Dates.

- Spydertrader

 

[Spydertrader]

Quote from ivob:

ps. was I the only one who expected a point 3 down after the 14:25 bar

You annotated a Point Three Up Channel which began as a Traverse. Since this Traverse widened to the Point where it then mirrored the demensions of a channel, one would then expect traverses to, once again, form inside it. Tapes build traverses, and traverses build channels. Once your traverse grew to the size of a channel, you then need a traverse to 'carry' price back across to the other side. The only other option is a 'rocket' (basically a long tape which keeps going). Extremely rare is the case where we see rocket up followed by rocket down.

So, since we know we need a traverse to carry Price back across this new (widened) channel, we must then have an up traverse before we can have a down traverse.

Also, Non-dominant traverses form in two ways: Point Three's and Lateral Movement.

- Spydertrader

 

[nkhoi]

Quote from treeline:

This Excel spreadsheet was provided by someone quite a while ago. I apologize for not giving credit to the author, but I don't remember who it was. Unfortunately I haven't gotten it to work on Vista but it works fine on XP.

from Clym;
http://elitetrader.com/vb/showthread.php?s=&postid=1310943#post1310943

or give Don a call;
http://www.elitetrader.com/vb/showthread.php?s=&threadid=124557&perpage=6&pagenumber=1