Iterative Refinement
- Thread starter Spydertrader
- Start date
Better yet, thank you for replying.
I know I'm not the perfect guy to receive some info of, but in my opinion. Only my opinion, you're not seeing it.
I wonder why you said "the RTL broke on increasing volume", whilst I was saying "okay, ready to go to point 3". It seems you got a bit suckered in by the "decreasing-increasing type of thoughts". But, as Avi said, I could be assuming.
I only focus on volume at decision points, but that's just me. Of course Avi will reply on this, but I don't mind.
Thanks for posting today, I did find I had missed two channels from your post, then I got the critique from astral. The first pennant on your chart wasn't a pennant on my chart (missing)because my time clock for my computer was 1:30 off real time and it gave the second bar in the formation a .25 lower low than the previous bar. Quote tracker time syncs with my computer time not real time. New item for checklist: sync up clocks before open.
Quote from astral:
Better yet, thank you for replying.
I know I'm not the perfect guy to receive some info of, but in my opinion. Only my opinion, you're not seeing it.
I wonder why you said "the RTL broke on increasing volume", whilst I was saying "okay, ready to go to point 3". It seems you got a bit suckered in by the "decreasing-increasing type of thoughts". But, as Avi said, I could be assuming.
I only focus on volume at decision points, but that's just me. Of course Avi will reply on this, but I don't mind.
IMHO if you can't see why I was noting the rtl broke on increasing volume, look what is now unfolding, a pt 3 down channel after a FTT on the upchannel, just as I anticipated by following what price and volume was telling me. You, are still waiting for a phantom pt3. Maybe YOU are the one who can't see it???
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1937118>
Newbie question here, but can someone explain exactly what 'Gaussians' are? I've been reading through Spydertraders's Jack Hershey Futures Trading Journal and they keep talking about Gaussians and 'dry-up' volume. Even though I went back to the beginning of the thread, I missed the concept somewhere. I believe Gaussians are when the volume bars are increasing along with a major movement, but am not sure. Will someone please clear up what exactly defines 'dry-up' volume and a 'Gaussian'?
I looked at MAK's Volume/Volatlity chart, so I think have an idea what 'dry-up' is, but it seems like it's defined by low volume and a short movement, but what does that tell you? If I am using, say, a 5-minute chart- at what point within the 5-minutes of volume and price change can I tell where it would go on MAK's chart? Thanks.
I looked at MAK's Volume/Volatlity chart, so I think have an idea what 'dry-up' is, but it seems like it's defined by low volume and a short movement, but what does that tell you? If I am using, say, a 5-minute chart- at what point within the 5-minutes of volume and price change can I tell where it would go on MAK's chart? Thanks.
I'm sorry, but It appears we have a different view. It's not a right or wrong kind of thing, you just looked at the limb, while I was looking at limb on forest, so to speak. My apologies.
Note the attached, I referred to the big move which eventually came. While you focused on that little channel, there's a big chance you could a lost money depending your skill level. The channel I meant, would have brought you to many points. Just a different view
edit: If you'd watch my chart compared to spyder's one, it's Identical, He doesn't even have that channel you persistent talk about, on his chart.
