Iterative Refinement
- Thread starter Spydertrader
- Start date
You have trends overlapping on pt.'s 2 and 3. Violation of basic market tenets.
Of course this particular lateral formation represents change itself.
And therefore there's no need to fan.
Then your down traverse in your picture becomes valid.
Thanks, I just solved the riddle that has been driving me insane for a while.Quote from romanus:
You have trends overlapping on pt.'s 2 and 3. Violation of basic market tenets.
Actually, I dont... Take out the blue RTL that you have drawn in and replace with the green one you had in previous post. (I dont have data this far back so I can only edit your pics =)
Do share your newfound knowledge with us!
This particular lateral formation represents change itself.
The traverse is completed with 1250 eob.
And therefore there's no need to fan.
The down traverse you have drawn is correct.
http://www.elitetrader.com/vb/showthread.php?s=&postid=1664781#post1664781
Sorry for interrupting the SCT discussions but I got to ask.
Why is Mr_Black the only one posting recorded calls for all to see ?
Are you all paper trading still ?
It would help the readers if Spyder's charts had some weight behind them too, it would also make annotation easier.
Just a thought from a lurker.
Daniel
Why is Mr_Black the only one posting recorded calls for all to see ?
Are you all paper trading still ?
It would help the readers if Spyder's charts had some weight behind them too, it would also make annotation easier.
Just a thought from a lurker.
Daniel
He is not the only one, but God bless him for doing it more regularly than others.
That is what's known as a question 'loaded' with presupposition.On a more serious note: speaking only for myself, I have found through my own personal experience, that without an ability to see a change and/or continuation on each and every bar, moving to execution doesn't really help learning.
You'll be pleasantly surprised to learn how much weight is behind them once you start seeing more pieces of the bigger picture.
