Iterative Refinement

Quote from ticktrade:
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I think I figured out why 12:26 [close of] YM gave permision to seek change. It created VE and as such that part of the bar was dominant, therefore that fact that the bar is spike is irrelevant - red became dominant again and Jokari Window change followed.
 

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For those newest members among us who may feel the urge to sprint ahead prior to fully completing an earlier phase in the process, I provide this reminder from way back when ...

Quote from Spydertrader:

Building a strong foundation for success requires preparation. Failure to do the required work necessary to insure profitability guarantees failure.
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In other words ...

Learn to first crawl, walk, run and then you can learn to fly.

- Spydertrader
 
I could use some help in understanding how today's 14:50 bar was not a traverse level signal of change (Price close outside the range of the previous bar w/ DBV). It appears we had a Pt3 confirmation at 14:45 but apparently this was the first dominant bar in the sequence. Any help would be appreciated.

guava
 
Quote from guavaman:

I could use some help in understanding how today's 14:50 bar was not a traverse level signal of change (Price close outside the range of the previous bar w/ DBV). It appears we had a Pt3 confirmation at 14:45 but apparently this was the first dominant bar in the sequence. Any help would be appreciated.

guava
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guava, saw the same thing, as I often do when I think it's change, drop fractals, problem was I didnt stay on that fractal and missed it's sc/soc. ended up washing an 8 pt move.
I dont know why it was not change. I also had to do the same thing at the 1510 bar, wasnt sure it was PV so jumped fractals. this one worked out better. I doubt that helps but figured you could use the company. :)
 
Quote from guavaman:

I could use some help in understanding how today's 14:50 bar was not a traverse level signal of change (Price close outside the range of the previous bar w/ DBV). It appears we had a Pt3 confirmation at 14:45 but apparently this was the first dominant bar in the sequence. Any help would be appreciated.

guava
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14:40 wait for next bar (lateral BO)
14:45 non-dom; so 14:40 non-dom
So ... sequence not complete yet ... :)

EDIT: Yours 1445 & 1450 ... :)
 
Quote from charts:

14:40 wait for next bar (lateral BO
14:45 non-dom; so 14;40 non-dom
So ... sequence not complete yet ... :)
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I dont believe we had a lateral there. We started a new up sequence at 1420 and 1445 was pt3/SC. I suppose one could say pace jumped and we needed to go around again. The beauty of being able to reverse engineer.
 
Quote from charts:

14:40 wait for next bar (lateral BO
14:45 non-dom; so 14;40 non-dom
So ... sequence not complete yet ... :)
More...

Take a look at Spyder's chart. Not lateral there. I presume the lateral you are referring to started at 14:05.

The lateral got kill because one thing ended (down trav) and another started (up traverse).

The only reason I can come up with and the one I used in real time is that we had a jump in pace telling we were expecting another non-dom move
 
Quote from ticktrade:

I dont believe we had a lateral there. We started a new up sequence at 1420 and 1445 was pt3/SC. I suppose one could say pace jumped and we needed to go around again. The beauty of being able to reverse engineer.
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My bars are beginning of ... Lateral 1425, 30 (close inside), 35 (BO down), 40 (BO up), 45 (BO confirmed)
 
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