Iterative Refinement

Quote from PTVtrader:

(or so I think?)...
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My suggestion would be to recreate a chart Spyder posts bar bar bar and try to answer the question "he annotated this bar like this because..." If Spyder's chart is not available for the day you are debriefing, use another that seems close.
 
Quote from guavaman:

My suggestion would be to recreate a chart Spyder posts bar bar bar and try to answer the question "he annotated this bar like this because..." If Spyder's chart is not available for the day you are debriefing, use another that seems close.
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Thanks guava, but focusing bar to bar gets me to far into the rabbit hole...it wasn't until I started looking at sequence by sequence was I able to determine WMCN...Take yesterday for example, if you were trying to trade bar by bar, imo, a trader would get chopped up...but, if you looked at yesterday sequence by sequence, clear trends were apparent.For me, and I don't presume that I am right, bar by bar only comes into play after a traverse level pt 3 occurs.
 
Quote from guavaman:

Truth be told I got snookered by the down move that started at 15:15. In hindsight, as tough as it would have been, I believe a "hold" was the correct action and not a reversal at the development of the R2R at 15:10 to :20 and have to play catch up when 16:00 BO'd the LM to the upside.
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... regarding your last annotated lateral ... you've probably checked Romanus' chart ... :)
 
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