Iterative Refinement

Quote from romanus:

Spydertrader, if you'd be so kind, if you have a chance - could you post the quick and dirty rendering of today's trendlines. With all the fractal jumping today I have totally lost my bearings.

You mean like this....?
 

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Quote from Spydertrader:

It shouldn't have appeared that the market had completed its sequences. In other words, the market had clearly indicated that it had not done so - prior to the arrival of 4:00 PM. The market itself had indicated that it had only travelled between Points One and Two by time the 15:50 bar closed. From here forward, the market again indicated its intentions - movement from Point Two to Point Three. One need look no further than the lessons discussed in January 2007 in order to understand how the market spoke and why.

- Spydertrader

Hi Spyder, Thanks for continually steering us to focus on the pertinent things.

Did the market indicate its intent in a similar manner today by the time the 15:40 bar closed?

Thanks for any insights.
 
Quote from guavaman:

With sincere respect to Romanus,


Quote from dkm:

Would it not be more accurate to say


Guava, I'm with you on that one. Spyders comment sent me for a spin. I viewed as DKM suggested. I had a reply written up along with an annotated snippet of how I viewed it but realized how one, worded, or how many pt2's one saw in that area had no effect in this SPECIFIC example on the PnL. I had sequence repeat and the way I trade that is all I needed. I'm still trying to understand the dom-nondom and return to dominance before seeking change stuff. I'm pretty sure I jump fractals constantly so it makes it hard for my lonely brain cell to grasp everything.

have a great weekend everyone.
 
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