Iterative Refinement

[romanus]

Quote from Tums:

Hint to the Gaussian practitioners: Match your gaussians to the fractals.

Are you referring to 10:55 [close of] alleged pt3 down? or something else?

 

[ljyoung]

re a's most recent post to me:

Quote from ljyoung:

I think what bi9foot is saying is correct in the sense that the FTT indicates that change has occurred but that is because of what happened after the bar called the "FTT" bar came into being. It's not really semantics and gets away from the idea that you can uniformly and correctly anticipate which bar is going to be an FTT and flaws show that to be so.

I think what Romanus just said is what I said just above in a somewhat different way.

I agree with you Jander that there are things being talked about here that have not been discussed in this particular fashion before. So what. I also agree that at times the comments from people who have been 'on board' for, in some cases, years, are about as helpful as offering a large glass of Magnolax to someone with intestinal hurry. So what.

It's Spyder's dime and it is him what I listen to most. As Spyder I'm sure would admit, he also has been iterated.

The superior man/woman does not have to be right all the time. The superior man/woman instead gets it right all the time.

lj

This is a quote by me a short time after returning to IR. The comment in blue is not accurate. The last sentence continues to be so. 'Superior' is connatatively understood in the sense espoused by Lao-tse.

lj

Lunch is over. The boys are back for some Friday PM merriment.

 

[dkm]

Quote from Avi 8:

Ok, let's start with 1055. Why do you have this as a point three down?

You also annotated a lateral at the same time. This is a binary system. It is one (the lateral) or the other (the pt3). Why do you have both?

Time for some differentiation and critical thinking to figure out what is correct. There is NO subjectivity.

At 10:25 I saw the beginning of lateral movement. 10:30 confirmed this and I annotated it as such. This lateral movement continued beyond10:55 where I saw incr red volume confirm a change in dominant direction and this I annotated as p3. I realise that both the LM and short trav cannot both be correct but at the time I saw both possibilities. That is why both remain on my chart. As I said in a previous post, I suspected an FTT at 10:40 but I could not see a traverse level signal for change on that bar. At the time I saw two possible scenarios: (a) a lateral traverse beginning at 10:20 leading to a new long traverse to form a new long channel or (b) a short traverse beginning at 10:40. If you could explain how you were able to eliminate one of these scenarios then I would be very grateful.

Thanks

 

[Avi 8]

Quote from dkm:

..I saw two possible scenarios...

There is a third.

Spydertrader kindly wrote about lateral endings:
http://elitetrader.com/vb/showthread.php?s=&postid=2034014&highlight=kill#post2034014

I have one lateral ending, going short on jokari window traverse level change at 1040, and starting a new lateral at 1035. I don't have a point three down until 1140.

I reversed long at 1225 and still holding.

Now, can you tell me why I did not go long at 1105 and 1145?
How about why 1055 is not a point three?

 

[Mr_Black]

so far

 

[romanus]

Quote from Avi 8:

There is a third.

Spydertrader kindly wrote about lateral endings:
http://elitetrader.com/vb/showthread.php?s=&postid=2034014&highlight=kill#post2034014

I have one lateral ending, going short on jokari window traverse level change at 1040, and starting a new lateral at 1035. I don't have a point three down until 1140.

I reversed long at 1225 and still holding.

Now, can you tell me why I did not go long at 1105 and 1145?
How about why 1055 is not a point three?

I am trying to work up a picture you're describing. Is your 10:40 [close of] increasing black closing inside the previous bar range and therefore creating a Jokari Window short? Thanks.

 

[Avi 8]

Quote from romanus:

...Is your 10:40 [close of] increasing black closing inside the previous bar range and therefore creating a Jokari Window short? ...

Yup

 

[guavaman]

Quote from bi9foot:

what is you signal for change in dominance at 10:40?

Sorry for the delay, we had a local power outage here

10:40 was IBV w/ close inside previous bars range.

 

[Avi 8]

Quote from guavaman:

...we had a local power outage here...

What!? TS Fay that far west?

 

[guavaman]

Quote from tobbe:

Great chart guava, but what happened to the old color scheme? After all the time spent mulling over your old charts I really miss it :eek: .

The more mature traders didn't fancy my individualism ...Actually when I switched to TN I just could get the right hue of blue to give me that cool soothing experience