Iterative Refinement

[Mr_Black]

Quote from Spydertrader:

Nicely done. Keep up the great work.

- Spydertrader

Thanks Spyder...

 

[Spydertrader]

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2026863>

 

[tobbe]

Chart for today. Now I'll go figure why some of Spyders laterals are different from mine . Thanks for posting.

 

[romanus]

Quote from Spydertrader:

Did you evaluate the bars before these two points in time?

- Spydertrader

With respect to my question:

Quote from romanus:

Spydertrader, if you'd be so kind.
I am having trouble figuring out what signal for change these two bars represent:

11:05 eob - an FTT of the pink down traverse,

13:05 eob - an FTT of the second blue up traverse

Would I be moving in the right direction if I tried to evaluate the bars before 11:05 FTT and 13:05 FTT (both eob) in terms of dominos (sequences) and "what must come next"?

Thank you.

 

[Spydertrader]

Quote from romanus:

Would I be moving in the right direction if I tried to evaluate the bars before 11:05 FTT and 13:05 FTT (both eob) in terms of dominos (sequences) and "what must come next"?

Start with the ES 11:00 AM [close of] Bar and the ES 13:00 PM [close of] bar.

- Spydertrader

 

[TIKITRADER]

ES U8 Daily Chart August 12 2008

 

[Tums]

Someone on another thread was saying he's getting clobbered in these stocks. I took a look at the charts, and I thought these would make very good gaussian exercises.

Have fun.

 

[Tums]

one more exercises...

 

[icarus618]

Quote from romanus:

* * *

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.

* * *

This is a remarkable viewpoint. If I had the same, I guess I'd have to stop trading. I cannot determine change or continuation on every 5 minute bar. Sometimes it's "I don't know," which is fine by me because some days I put on a trade in the AM and walk away until midday.

In my opinion, execution IS trading. Aside from a couple of lines, everything else is pretty much fluff. Not totally useless, but their purpose is to get you to push the button. After you push it, do you REALLY know what the market will do? Let's get real here.

What do 5 minute bars show anyway? Do you believe the market must conform to your or anyone else's idea of what each and every 5 minute bar should do? If you do, you are taking yourself on a very long sidetrip.

 

[treeline]

Quote from Tums:

Someone on another thread was saying he's getting clobbered in these stocks. I took a look at the charts, and I thought these would make very good gaussian exercises.

Have fun.

Thanks, Tums. Here's my attempt at POT: