Iterative Refinement

Quote from Padawan:

...I'm wondering why you expect change when there's a pennant formation?...
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Describe for me what is continuation after the 1550 bar?

P.S. Do we still need to see the diagram posted again?
 
Quote from Avi 8:

Describe for me what is continuation after the 1550 bar?

P.S. Do we still need to see the diagram posted again?
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We might. :) Continuation is increasing volume and increasing price. Formations also mean continuation. Hence, I am confused.
 
Quote from Avi 8:
Am I looking for the teeny tiny annotations that are 'ftt'?
I am a bit distracted by that huge advert in the background. Nice try.
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How convenient. LOL




(or should I sneer: How blatant!)
 
ES Daily Chart May/ 29 / 2008



Daily ES bar made a HH and a HL on slight increased volume. Close of daily bar pulled back quite a bit off of the high, and just outside of lateral.

Daily bar range = 20.25 points

Previous day daily volume = 1698989
Daily bar volume today = 1712828

Close of daily bar = 53% of range today.
 

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Quote from TIKITRADER:

Hey guava, thanks for all the effort you put into your charts.:)
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My distinct pleasure. I am happy to translate or answer any questions those learning the method may have.
 
Quote from guavaman:
My distinct pleasure. I am happy to translate or answer any questions those learning the method may have.
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Yes, the chart and annotation are great.
Can you make the image bigger? The writings are a bit small to read.
 
Quote from Tums:

Yes, the chart and annotation are great.
Can you make the image bigger? The writings are a bit small to read.
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I can try or just post two different larger segments of the day. :p
 
Still holding CAVM. Saw today as an IBGS to decreasing red and Ill continue to hold waiting for a point three to emerge on the daily.

Comments welcome.
 

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