Iterative Refinement

Quote from romanus:

...1. Did you mean that one of the down traverses (B) or (C), added by ehorn in the attached, is a dominant traverse in a down channel that I missed...
1. C.
 
Quote from romanus:

Thank you for the feedback:) . I added some of your annotations in black for a contrast.

A) Does not seem like a traverse to me. May be because I don't see the change signal prior to the Lateral Movement.

B) Definitely makes sense. I did not annotate it because I noticed that Spydertrader does not fan outward (deccelerate) an accelerated/fanned inward (in my case red pt3 down) traverse if the price is still inside the original traverse (in my case pink pt3 down).
If I were to take a guess, I'd say that may be because it seems a bit over-redundant.

C)This one is really tricky.
One one hand 1345 and 1350 eob create a lateral formation followed by BO on increased volume and more increased volume, so that meets the criteria for a change in trend.
On the other hand, there's a Lateral Movement that started 1330 eob, and when 1400 eob creates BO of the Lateral Movement on increased volume, the next bar fails to show more increased volume. And that means the trend did not change. May be some subtle clues exist to resolve what appears to be a 'conflict' but I don't see them.

I have added some comments to the chart.
 

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Quote from Jander:
I would request that someone that does know help us out, like Spyder does occasionally when he posts the proper change signals for a given fractal during the day. I get the most benefit when he does this as I can compare my notes to the 'answer guide' if you will, and leads to less confusion over was/wasnt that a signal.

If this is not possible I understand, and would appreciate any valuable drills that folks have found success with in determining the correct points of change for the day. I do like what LJ began today, although I havent had a chance to understand it just yet. Weekend homework. Thanks guys, enjoy the two days off

Surely it is possible. I would suggest starting with the immutable sequences which must occur every price cycle. Once you have completed each sequence, look for a signal for change. I have annotated romanus's chart in red (it has been useful tonight :) ) with action points. You should see a pattern :D
 

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Quote from Avi 8:

1. C.
Thank you, Avi 8.

Quote from ehorn:

Surely it is possible. I would suggest starting with the immutable sequences which must occur every price cycle. Once you have completed each sequence, look for a signal for change. I have annotated romanus's chart in red (it has been useful tonight :) ) with action points. You should see a pattern :D
Thank you for the notes. The sequence completion part (the VE) is going to stick with me for a while until I understand it.
Seeing that the 1320 to 1435 eob is a down traverse, what about the two signals on the attached?
 

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Quote from ehorn:

More notes... and notes about notes :)

The Signal for change you seek develops on the ES 14:00 [close of] Bar - Peak Volume. The Next Signal for Change devlops on the ES 15:15 [close of] Bar. Both Changes assume a trader monitors on the Traverse Level. Intra-fractal signals do exist, however, not for those on the Traverse level.

- Spydertrader
 
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