Iterative Refinement

[Spydertrader]

Quote from romanus:

Was 10:35 a Pace Acceleration and the reason why the sequence for the pink down traverse was not completed until 11:20?

Not according to my chart. As to what your chart might say, I do not know, as I have not seen it.

Quote from innersky:

How does one know that, in the blue up channel, one has to fan out after pt2?

Because the market did not yet arrive at Point Two.

- Spydertrader

 

[charts]

Quote from gucci:

... 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. After that, even the thorough re-annotation backwards doesn't restore the completeness of those sequences. ...

... do you have a ... for instance?

 

[romanus]

Quote from Spydertrader:

Not according to my chart. As to what your chart might say, I do not know, as I have not seen it.

Thank you.

My data also shows Gaussian slope acceleration on 10:35 bar - so it must be Peak Volume then and a signal for change in brown down traverse, which at 10:35 appears to have all components necessary for 5 min ES level Traverse ( it even shares the same point 2 with the pink 5 min ES level traverse and 10:35 bar appears to be return to dominance).

As to the reasons why by 11:05 the brown down traverse is 'downgraded' to the faster fractal traverse - I think because we don't get increasing black necessary for B2B and point 2 up but instead 11:05 bar is IRV.

I can't find a flaw in the logic above especially seeing as that both 11:05 and 11:20 IRV are brown RTL breaks and as such are annotated in a fashion that does not hold the same meaning that I have attributed to them.

 

[Spydertrader]

Quote from romanus:

As to the reasons why by 11:05 the brown down traverse is 'downgraded' to the faster fractal traverse - I think because we don't get increasing black necessary for B2B and point 2 up but instead 11:05 bar is IRV.

Not even close. The market has indicated well before 11:05 what must come next, and it did.

(All times Eastern and [close of] ES bar.)

- Spydertrader

 

[romanus]

Quote from Spydertrader:

Not even close. The market has indicated well before 11:05 what must come next, and it did.

(All times Eastern and [close of] ES bar.)

- Spydertrader

Damn! I need a new pair of eyes.

The rising R of R2R ends at 10:40 bar. The answer definitely lies in correctly annotated chart.

The 10:15 bar marked with pink point 2 is non-dominant. I have to test this hypothesis now to make sure this observation holds any significance.

Thank you for the patience.

 

[gucci]

Quote from charts:

... do you have a ... for instance?

Yes, I do, but I hesitate to post them, since those are for Dax and I have only a proxy for volume (volatility) on.

 

[innersky]

Quote from Spydertrader:

Because the market did not yet arrive at Point Two.

- Spydertrader [/B]

To me it looks like pt1 to pt2 is a completed channel (at least, I see everything a channel should have), what am I missing here?
Is there something missing to call this a channel?

--
innersky

 

[ehorn]

Quote from innersky:

To me it looks like pt1 to pt2 is a completed channel (at least, I see everything a channel should have), what am I missing here?
Is there something missing to call this a channel?

--
innersky

If you could post an annotated chart (your P/V annotations as you observe(d) them) of this area it may aid the discussion and discovery.

 

[charts]

Quote from gucci:

Yes, I do, but I hesitate to post them, since those are for Dax and I have only a proxy for volume (volatility) on.

... post it as you have it

 

[romanus]

Quote from innersky:

To me it looks like pt1 to pt2 is a completed channel (at least, I see everything a channel should have), what am I missing here?

The market 'fanned' out on the way down, so it had to do the same on the way up.

Also, if one thought that 11:30 to 12:10 was a 5 min ES level traverse - where would one put B2B (specifically the rising 2nd B of B2B) under that assumption? Which is another way of saying what ehorn already said to you.

In other words, it seems that correctly annotated chart does hold all the answers. I consider it somewhat freaky