Iterative Refinement

Spydertrader,

may I ask you, why you didn't want to answer my question? I mean, if you have me on ignore, that's ok, but if you deliberately ignored my question, than this is an entirely different thing. I'm sorry, but I can not differentiate on a such high level yet. But, I think, the answer to the question could be helpful to others as well. I mean no disrespect, I'm just a kind of lost in my guessing games.
Thank you anyway.
 
Quote from gucci:

Spyder, I've got a question regarding the perpetualness and permanence of the sequences.

Right before the important news release, I would often observe some kind of broken or incomplete sequences.
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Hi gucci

in my experience, sequences are always completed. Sometimes when news is due the pace and depth of sequence completion is subtle - but it is always there, even in an IBGS. This does not mean you have to be in the market at such times.
 
Quote from Spydertrader:

Someone else had already provided the answer to your question.

- Spydertrader
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Thank you for the instant answer.

The response I got from guava rendered my question meaningless and stressed the deliberateness of the word "always" you use very often when referred to the completeness of the sequences (and I'm thankful for that, guava). Does that mean, that my observations and annotations just aren't sufficient enough to arrive at the state of mind, where one definitely knows, that he (she) really knows?

PS: Sorry for torturing you with my questions.

Edit: I mean back to the M phase?:)
 
Quote from gucci:

Does that mean, that my observations and annotations just aren't sufficient enough to arrive at the state of mind, where one definitely knows, that he (she) really knows?
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I cannot read your mind.

However, if you do not see that sequences always complete, if you cannot see that a Point Three always forms, if you cannot always know the 'right side of the market,' then I recommend a review of Monitoring until you can see the above.

- Spydertrader
 
Quote from Spydertrader:

I cannot read your mind.

However, if you do not see that sequences always complete, if you cannot see that a Point Three always forms, if you cannot always know the 'right side of the market,' then I recommend a review of Monitoring until you can see the above.

- Spydertrader
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Thanks.

The part with "always" still makes me problems...

Just have to work harder...
 
Quote from Spydertrader:

es5min11282008.jpg
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Thank you for the chart. Was 10:35 a Pace Acceleration and the reason why the sequence for the pink down traverse was not completed until 11:20?
 
Quote from Spydertrader:

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2198460>
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How does one know that, in the blue up channel, one has to fan out after pt2?
To me this already looks like a completed channel (while in hindsight it's clear that it isn't completed yet)

What I see here is increasing black, decr red followed by increasing black and ended by peak volume (or if one missed that one, there is an ibgs down at pt2)

--
innersky
 
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