Iterative Refinement

Quote from ljyoung:



Why would you (Romanus, or anyone else) in real time have picked this bar to start the lateral and not the 10:05 bar?

lj
Other than the pace increase on 10:20 bar and SYM next bar - can't think of anything else. I have not yet discovered any significance of one lateral over the other and as such i was just attempting to explain away the differences in those two decreased volume bars. To put it more bluntly - I don't have a slightest clue what's going on and how to even approach the differentiation process.

Dog admiring the diffraction in a rainbow.
 
Quote from Spydertrader:

Evidently, I wasn't as clear in my earlier post. You might find (Edit: Today 09-23-2008) 13:10 and 13:15 (All times Eastern and close of the ES five minute) helpful to your endeavors. Hence, 'the market provides the answers' statement in my earlier post.

- Spydertrader

Thank you for clarifying Spyder. I will vault ahead and have a looksee. Oh, BTW, I hope you went short, today, at about 15:18 or so.

lj
 
Quote from Avi 8:

A man with two clocks never knows what time it is.

-Bazooka Joe

Your points are valid but I would say that 2 feeds are a must. I am a data freak though so it will be hard to cut back.

lj
 
Quote from interdim:

Thanks Romanus, that helped but I'm trying to address all the possibilities of the price/volume relationships of continuation / change in the dominant trend. I understand there may be other factors or a sequence of events that may effect these aspects, but is this the correct perspective for looking at the P/V relationship in the dominant trend?

If your question is addressed to me - my answer is: I don't understand what you're trying to accomplish.

Jokari window is one of the foundation items. Application of it is contingent upon context (e.g. after receiving permission to seek change, in one context decreasing red with price closing inside previous bar means continuation down, while in another context the same decreasing red with price closing inside previous bar results in change signal)

From where I am in a learning curve - I would be the last person to seek the answers from. I was just trying to be helpful by providing the link in case you missed it.
 
Quote from ljyoung:



Why would you (Romanus, or anyone else) in real time have picked this bar to start the lateral and not the 10:05 bar?

lj

By the laterals forming this way, I paint in my mind a picture of a herd bouncing off the wall...:D They are the easiest ones to spot real time. IMHO.:)
 
Quote from Avi 8:

Why?

No signal at that time. Came later.

You of course are correct. In truth I did not check. Prescience, painful or not, has no place in the market. However for an alternative viewpoint check out some of the PA threads.

lj

Or better (worse) yet, a thread with a Niederhoffian bent.
 
Quote from romanus:

Other than the pace increase on 10:20 bar and SYM next bar - can't think of anything else. I have not yet discovered any significance of one lateral over the other and as such i was just attempting to explain away the differences in those two decreased volume bars. To put it more bluntly - I don't have a slightest clue what's going on and how to even approach the differentiation process.

Dog admiring the diffraction in a rainbow.

Yes I had for many years a great picture of Newton holding up a prism to a sunbeam. What I was trying to get at was if there was (is) significance when a pace increase is associated with a change in a bar's polarity (black to red/red to black). My guess is that there is but the exact details escape me at present. So I will join you in a spell of colorific relaxation.

lj
 
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