Iterative Refinement
- Thread starter Spydertrader
- Start date
avi or spyder
I would really appreciate a walk through of this afternoon. negotiated nicely in the lateral from 1335 to 1425 but after that what i thought were signs of change(1435 and 1500) ended up washes, than thought the 1515 rtl(1405-1450 maybe not a legit rtl), bo on irv was gonna lead to more down. I was late to bail after the increase volume IBGS at 1520. What I thought was clarity quickly became obscurity. I recognize the volume pattern from 1455-1520 as one seen in a lateral and never did get an r2r, gaussians never shifted so I knew I was wrong but still would find another view hepful.
I can probably reverse engineer this area and make sense of it but that doesnt help when live.
I would really appreciate a walk through of this afternoon. negotiated nicely in the lateral from 1335 to 1425 but after that what i thought were signs of change(1435 and 1500) ended up washes, than thought the 1515 rtl(1405-1450 maybe not a legit rtl), bo on irv was gonna lead to more down. I was late to bail after the increase volume IBGS at 1520. What I thought was clarity quickly became obscurity. I recognize the volume pattern from 1455-1520 as one seen in a lateral and never did get an r2r, gaussians never shifted so I knew I was wrong but still would find another view hepful.
I can probably reverse engineer this area and make sense of it but that doesnt help when live.
Quote from romanus:
Curious when did you decide to wash after 1500 eob IBGS. I tried that one too but could not make it a wash
I had a decent entry, kind of anticipated the ibgs again and let it ride(not something i usually do) since we kept closing back inside prvs bar. Exited just above the ma. stepped away and entered short on pullback during 1525 bar only to quickly get run over. This time I bailed with a nice loss after doubling up. Wiped out my nice slalom trades in the earlier lateral.
Somewhat similar experience here. Gonna go and deal with frustration and anger the old-fashioned way - exercise. Gotta get back to sanity and regroup. I am so pissed off at myself for inability to make all of this work. Can't even figure out why mistakes were made.Would I be correct if I said that the only difference between Pace Acceleration and Peak Volume is where in a sequence it shows up. (assuming the Gaussian slope acceleration is present in both cases). In other words, if permission to seek change exists because of sequence completion, then it's Peak Volume. Otherwise it's a Pace Acceleration.
Attached is my attempt to determine where and why the market would give permission to seek change.
Afraid my numerous attempts to offset increasing red volume with increasing black volume as market returns to dominance still did not let me arrive at the correct answer.
Only recently I started paying attention to how an appearance of increasing non-dominant volume ( such as red today) in a sequence affects the sequence completion. There's definitely more than initially meets the eye there, but I can't seem to figure out how to correctly apply the logic.
Any comments or examples of a thought process that goes into determining where one is in a sequence would be greatly appreciated.
This is how I saw today and I dont understand why some of them were not considered change or had permission to seek change. Things were going fine until I messed up the inc vol IBGS's in the afternoon. They didnt hurt as bad as ignoring a strong signal telling me I was on the wrong side.
I know it differs from what has been posted. A couple of the afternoon comments were from failed trade debriefing on the spot.
I know it differs from what has been posted. A couple of the afternoon comments were from failed trade debriefing on the spot.
Ticktrade,
This is how I saw it.
13:35 to 14:20 was a lateral traverse.
14:25 (1st close outside LT) to 14:35 was a Pt1 to Pt2
14:35 to 14:50 was Pt2 to Pt3 retrace.
14:55 to 15:10 was Pt3 to end effects of the traverse. However, even though 15:10 had IBV the closed inside the range of the previous bar; it also ended in a lateral (15:00 to 15:10) therefore we have no Pt3 confirmation consequently we have no traverse level signal of change so I held long looking for the real Pt3 confirmation.
First I hope this was correct and if so, I hope it helps.
