Iterative Refinement

Quote from Spydertrader:

We did not yet have a down traverse. As a result, we cannot have an FTT of a traverse which does not yet exist.

Thanks for clearing it up.
 
Little confused as to whether or not this upmove can be classified as a channel yet. Looks like just a chubby tape with no traverse towards RTL. Can anyone clarify?
 
Chart for the morning.

We just had FBO of upchannel however I would be surprised if we would move up much more because I doubt if we can make the volume for that...

Also, YM just make incr. red.

regards,
Ivo
 

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Quote from ivob:

We just had FBO of upchannel however I would be surprised if we would move up much more because I doubt if we can make the volume for that...

Thank-you for providing a valuable lesson.

Predicting the future provides a recipe for disaster.

- Spydertrader
 
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