Iterative Refinement

Quote from ljyoung:

The problem I have is a practical one and that is that the 'pace levels' that we use are a variable feast and unless one wants to go through and do something like a 20 day MA of the various levels or has a program which does an 'instantaneous' calculation of pace levels (which I believe Spyder has), you're up the creek.
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In the spirit of Spydertrader's advice to resist overcomplicating things, I'm trying not to worry too much about precision with the Pace levels. As he said, updating the Pace Lines once a month should be sufficient in order to see what we need to see.

On the other hand the PAs that I've looked at are pretty dramatic but if you have examples where there isn't a jump to very high pace levels, it would be great to see them.
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The ones I've seen are dramatic also (assuming "PA" = "Pace Acceleration"). I don't recall seeing a verified example of Pace Acceleration that didn't show this trait. I now realize that my use of the word "some" in my previous post was misleading, since it implied that some examples did not show this trait. I only used that word because I've seen so few examples, and I was hedging a bit.

However if one must find a way to get the appropriate pace levels each day, then so be it. It sounds like you're already collecting data. I'll do the same. Good hunting.

lj
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Again, I wouldn't worry about doing it every day. I did it every other week until the Volume and Volatility started increasing so dramatically in June, and then I started doing it weekly. Spydertrader indicated that monthly updates are sufficient. However frequently you do it, it takes very little time with vorzo's spreadsheet, maybe 5 minutes.
 
Quote from treeline:

In the spirit of Spydertrader's advice to resist overcomplicating things, I'm trying not to worry too much about precision with the Pace levels. As he said, updating the Pace Lines once a month should be sufficient in order to see what we need to see.



The ones I've seen are dramatic also (assuming "PA" = "Pace Acceleration"). I don't recall seeing a verified example of Pace Acceleration that didn't show this trait. I now realize that my use of the word "some" in my previous post was misleading, since it implied that some examples did not show this trait. I only used that word because I've seen so few examples, and I was hedging a bit.


Again, I wouldn't worry about doing it every day. I did it every other week until the Volume and Volatility started increasing so dramatically in June, and then I started doing it weekly. Spydertrader indicated that monthly updates are sufficient. However frequently you do it, it takes very little time with vorzo's spreadsheet, maybe 5 minutes.
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Believe it or not I also try to avoid overcomplicating matters. Really and truly - the simpler the better for me.

When someone else 'knows' something that you don't, then to that person the questions you ask may appear to be 'too complicated' but that's because they 'know' what the 'answer' is. It is helpful to know when to step back (and thanks Spyder for doing that).

What would be even more helpful is to have the definitions of these things [to the joy of all I will not expound on my reasons for believing this] but that is not the teaching style that Spyder (or Jack for that matter) use and me be cool for school with that. Our job, should we choose to take the assignment, is to figure the freakin' thing out and by God we will.

lj

Indeed PA = pace acceleration
 
this morning there was no signal for change to complete an up traverse, so I had to keep fanning.
12:20 eob Peak Volume , followed by Jokari window - complete an up traverse now.

Soo..., the up traverse is complete and with signal for change, but the situation looks strikingly similar to the great mystery of 7/29/2008 hold after lateral BO 1145 eob (7/29/2008).

Are we suppose to go into the lateral now and this should turn out to be one big hold unless we get a VE on green up traverse?

:D I am just drawing the lines here, practicing my 'M', but once in a while can't resist trying to get a preview of what's coming in the 'A' section
 

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Quote from romanus:

on green up traverse?
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We are now in the 3rd traverse. First we had a dominant UP traverse, followed by non-dom lateral, and now in a dom UP traverse to complete the channel sequence.
 
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