Iterative Refinement

15:50 D - VE
15:55 D - VE
16:00 D - increasing black volume
16:05 ND - FTT, outside bar, volume decreasing
16:10 ND - decreasing red volume
16:15 D - increasing red volume post-FTT.

14:30 D - ??
14:35 ND - decreasing volume in a formation
14:40 ND - decreasing volume in a formation
14:45 ND - decreasing volume in a formation
14:50 D - increasing red volume and LF BO.
14:55 D - increasing red volume.
15:00 D - increasing red volume
15:05 ND - Inside bar, decreasing volume.
15:10 D - increasing black volume post-FTT.
15:15 ND - volume dip after change in dominance
 
I'm operating on the forest level. Here are my answers. I was very suprised at the range of answers.

1 dom - dom traverse
2 dom - dom traverse
3 dom - dom traverse
4 nondom - retrace
5 nondom - retrace
6 nondom - retrace
-----------------------------
7 dom - dom traverse
8 nondom - retrace
9 nondom - retrace
10 dom - new dom vol (red)
11 dom - dom traverse
12 dom - dom traverse
13 dom - dom traverse
14 nondom - retrace
15 nondom - retrace
16 nondom - retrace

Thanks,

TNG
 
Quote from guavaman:



16:15 Dom
09:35 Non Dom
09:40 Non Dom
09:45 Non Dom
09:50 Non Dom
09:55 Dom
10:00 Dom
10:50 Non Dom
More...

Added remarks:

15:50 TBD, but initially Non Dom
15:55 Non Dom (SOC)
16:00 Non Dom (SOC)
16:05 Non Dom
16:10 Non Dom
 
Quote from Spydertrader:

label each Bar as Dominant or Non-Dominant and include why you feel the annotated label applies.
More...

I didn't annotate my chart the same way Spydertrader did, but I think I see the logic behind his annotations. My following analysis is based on his annotations:

Bar 1 of 10/7/08: Dominant red. This bar represents the P1-2 dominant Tape of a forming down Traverse. It also shows Pace Acceleration, leading us to anticipate a non-dominant Lateral Retrace from Point 2 to Point 3.

Bar 2: Non-dominant; starts the P2-3 Lateral Retrace.

Bar 3: Non-dominant; continues the P2-3 Lateral Retrace but makes a higher high in the process, resulting in Spydertrader's atypical annotation of the Traverse's RTL and LTL.

Bar 4: Non-dominant; Price begins moving in the dominant direction but closes in LM on DRV. The post-P3 dominant movement has not yet begun.

Bar 5: Dominant; breaks out of LM on IRV, giving us a provisional P3 down Traverse which still must be confirmed by more IRV that doesn't come from Lateral BO or FBO.

Bar 6: Dominant; confirms P3 down with more IRV that doesn't come from Lateral BO or FBO. Shows acceleration of the Gaussians slope.

Bar 7: Dominant; OB on IRV which closes inside range of previous bar, giving us a Jokari Window Traverse-level change signal to up. (Before seeing Spydertrader's annotations, I had Bar 7 labeled as P2 down of a yet-to-be-completed down Traverse.)

Bar 8: Non-dominant; Symmetrical Pennant.

Bar 9: Dominant; IBV as BOs SP and RTL. P1-2 up is forming. (Before seeing Spydertrader's annotations, I had this bar as part of non-dominant P2-3 Tape of a forming P3 down Traverse.)

Bar 10: Non-dominant; beginning of P2-3 retrace of forming P3 up Traverse. (Before seeing Spydertrader's annotations, I had the bar as part of non-dominant P2-3 retrace of a forming P3 down Traverse.)

Looking at what happened after Bar 10, I don't see a Traverse-level change signal back to down. Also, my data provider shows decreasing Volume on Bar 7, invalidating that bar as a Traverse-level change signal to up. If Bar 6 shows Peak Volume rather than Pace Acceleration, then this would give me a Traverse-level change signal to up based on my data. But I still don't see a Point 3 up after Bar 7 that was confirmed by more IBV that didn't come from Lateral BO or FBO. Perhaps Spydertrader's annotations are not appropriate for an ES-only Traverse level trader?
 
Quote from treeline:

[/B]
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I just read Spyder's follow-up post -- here are my answers for 10/6/08, 15:50-eod:

15:50 Dominant; BO of LM on IBV, also Pace Acceleration.

15:55 Non-dominant; price moves in dominant direction but on DBV; this is the non-dominant movement that we anticipated after seeing Pace Acceleration on the previous bar. Now we anticipate a return to dominant black before getting a Traverse-level signal of change.

16:00 Dominant; black dominance reasserts itself with IBV; however, it's an IBGS with a close inside the range of the previous bar. Therefore, it's a Traverse-level change signal to down.

16:05 Non-dominant, as the market begins the descending part of the R2R Gaussian shift on its way from P1-2 down.

16:10 Non-dominant; continuation of the descending part of the R2R Gaussian shift, and continuation of P1-2 down.

16:10 Dominant; IRV appears, beginning the ascending portion of the R2R Gaussian shift and continuing the P1-2 down Tape.
 
Quote from Spydertrader:

Hopefully, this will motivate a few of the many lurkers (as well as those who post on an infrequent basis) to jump right in.

- Spydertrader
More...

This lurker’s Forest level view of the drill:

15:50 Dom Price movement towards LTL
15:55 Dom Price movement towards LTL
16:00 Dom Price movement towards LTL

16:05 Non-dom Price movement towards RTL
16:10 Non-dom Price movement towards RTL
16:15 Non-dom Price movement towards RTL

9:35 Dom Price movement towards LTL

9:40 Non-dom Lateral movement towards RTL
9:45 Non-dom Lateral movement towards RTL
9:50 Non-dom Lateral movement towards RTL

9:55 Dom Formation BO on IRV
Price movement towards new (as yet undefined) LTL
10:00 Dom Price movement towards new LTL
10:05 Dom Price movement towards new LTL

10:10 Non-dom Price movement towards new (as yet undefined) RTL
10:15 Non-dom Price movement towards new RTL
10:20 Non-dom Price movement towards new RTL

-river
 
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