Iterative Refinement

[Avi 8]

Quote from ljyoung:

...Clearly the signal for a change in mode cannot be either a VE or a tape ftt ...

...it is glaringly obvious what is going on...

Oh geez, I hope so!

So the earlier explanation of a 'simple' Jokari window 'change' is not considered?

Instead, one goes down various 'holes' for a verbose answer?

Look, bar 8 on 7/15 was Jokari window change. Period. Had nothing to do with CO anything. Perhaps each day is a bit more isolated than initially appears.

 

[guavaman]

Quote from ljyoung:

Clearly the signal for a change in mode cannot be either a VE

A VE can provide a signal for change, just as it can provide a signal for continuation. A very stark and clear cut, difference exists between the two situations. This unmistakable and unambiguous difference, once located, often causes the trader to wonder aloud, "Why the hell didn't I see this sooner!" What is this difference; decreasing Volume. A VE that has Decreasing Volume is a strong signal for change.

-adapted from Spyder

 

[romanus]

Quote from Avi 8:

... 'simple' Jokari window 'change' ...

Jokari window is simple indeed, context however is anything but. Bar 4 today (0950 eob increasing red volume with price going down) would have signaled 'simple' Jokari window 'continuation' if one thought that the price was moving in the dominant direction. However this was not the case as evident from Spydertrader's annotations. Decreasing red gaussian from the top of the bar 1 to the bottom of the bar 4. It wasn't even an FTT of the CO down channel which would explain increasing red. Instead the market spoken clear to him: non-dominant direction. I hope one day I am going to be able to see these things.

 

[Avi 8]

Allow me to translate:

Quote from ljyoung:

There seems to be no small amount of consternation with respect to Bar 8 in the ES of the AM of 7/15...

I still don't get Spydertrader's answer about the Jokari window.

...Clearly the signal for a change in mode cannot be either a VE or a tape ftt (both of which are present in the 'orange channel' (sic) of Spyder's first chart o' the day). The down traverse actually began the evening before and if one draws the appropriate collection of tapes and traverses, it is glaringly obvious what is going on...

I am grasping here.

...Furthermore, IMO, if one monitors on 3 time fractals (YM2, ES5 and ES15), as repeatedly suggested by JH, the point is driven home even more forcefully...

I know this is Spydertrader's journal, but I like to ignore his advice about using only the ES and add 'JH' stuff.

Context is crucial, as Spyder has stated innumerable times, and the use of carryover channels, traverses and tapes does a lot to facilitate the appreciation of what is contextually appropriate for me. It makes no sense to view each day in isolation.

lj

I like to type.

 

[bi9foot]

Quote from bi9foot:

Took a long position in SOLF.

Chart for SOLF. Note the current dashed green channel constructed from the green and blue traverses.

We have increasing black volume as price starts a new up traverse.

 

[bi9foot]

Decided to hold VLCM.

Currently up about 10%.

 

[ljyoung]

http://www.youtube.com/watch?v=8mVWWmIXKxk&feature=related
et
http://www.youtube.com/watch?v=z7qop0CGHAo&feature=related

The more things change, the more they remain the same. C'est tout. Which is to say, it's the mode, Claude.

Y'all come down and see us.

lj

 

[bi9foot]

Quote from bi9foot:

Chart for SOLF. Note the current dashed green channel constructed from the green and blue traverses.

Upon further review I realized I made a mistake in saying the green and blue traverses constructed a new up channel.

What we have instead is the dashed pink down channel (constructed from the brown, green and blue traverses) inside of the purple down channel.

We will therefore need an up channel (made of 3 traverses) to break out of the purple down channel.

 

[TIKITRADER]

Quote from bi9foot:



We will therefore need an up channel (made of 3 traverses) to break out of the purple down channel.

Is it correct to view that as a point 3 non dom. traverse ( retrace) back to the right trendline of the down purple channel?

 

[Avi 8]

Quote from ljyoung:

...C'est tout...

Back to german, I see.

The 'video' links posted, are they one's attempts at 'M'?

Or perhaps they are about gardening?