Iterative Refinement
- Thread starter Spydertrader
- Start date
Entire Day
Spyder,
The B2B at 14:30 to 15:00 doesn't have IBV to IBV (like 10:00 to 10:40). It has DBV to IBV showing a Pt2 at 15:00. This seems to be at odds with my current understanding of annotating a change of dominance. Is there a context I am missing to account for this difference?
-guava
The B2B at 14:30 to 15:00 doesn't have IBV to IBV (like 10:00 to 10:40). It has DBV to IBV showing a Pt2 at 15:00. This seems to be at odds with my current understanding of annotating a change of dominance. Is there a context I am missing to account for this difference?
-guava
With respect to Gaussians ...
B2B = \ to /
R2R = \ to /
With respect to Trend Lines ...
Skinny lines represent tapes. Medium Weight Lines (with numbers) represent Traverses. Thick Lines represent channels.
By convention, I use Pink for down Traverses and Blue for Up Traverses. Forest Green for Up Channels and Red for Down Channels. I annotate Faster Fractal Traverses (wide tapes if you will) using Olive Green for Up and Orange for down.
The various Gaussian thicknesses represent various fractals as well. Up = dominant; Down = Non-Dominant.
Based on the above, I do not understand your question.
- Spydertrader
Neither am I, but I notice that the Pt2 of the p.m. B2B closes outside a traverse RTL on IBV while the B2B in the a.m. had yet to form a traverse RTL. I dunno, maybe because if I were to wait for IBV to IBV than the only other Pt2 would have been at 15:40 but the TL's couldn't work out anyway.
Now, I understand your question.
In the afternoon, the green lines start as a Traverse, and then the traverse grows to a channel. The actual point Two of the Channel will develop on the FTT of the Dominant Traverse (blue). In the morning, the trend starts as a traverse and remains a traverse (but creates an accelerated Traverse within it).
HTH.
- Spydertrader
Wow.
At the time of this post, it appears a number of people have generated 70 downloads of my chart annotations for the day, while only one individual has chosen to post their chart.
Monitoring provides the foundation around which all else is built, and judging from some of the recent discussions, precious few have the monitoring part down correctly. Oh, I know the vast majority of people following this thread think they have Monitoring licked, believe they know how to draw Trend Lines and remain certain they can annotate a Gaussian.
For those who, for one brief moment, have the ability to set ego aside and consider, however remote the possibility, my attempts to drill home the importance of monitoring might actually be directed at them, then the time has come to make a decision.
Might I have been speaking to you?
- Spydertrader
P.S. In an effort to (once again) drive this point home, I plan to ignore any and all posts which fail to contain a thoroughly annotated chart / chart snip.
Start with thorough, and through refinement, you'll end up with correct.
At the time of this post, it appears a number of people have generated 70 downloads of my chart annotations for the day, while only one individual has chosen to post their chart.
Monitoring provides the foundation around which all else is built, and judging from some of the recent discussions, precious few have the monitoring part down correctly. Oh, I know the vast majority of people following this thread think they have Monitoring licked, believe they know how to draw Trend Lines and remain certain they can annotate a Gaussian.
For those who, for one brief moment, have the ability to set ego aside and consider, however remote the possibility, my attempts to drill home the importance of monitoring might actually be directed at them, then the time has come to make a decision.
Might I have been speaking to you?
- Spydertrader
P.S. In an effort to (once again) drive this point home, I plan to ignore any and all posts which fail to contain a thoroughly annotated chart / chart snip.
Start with thorough, and through refinement, you'll end up with correct.
My undebriefed (and incorrect) chart of the day.
Things learned today:
A traverse can accelerate and not require an initial tape break to confirm a PT3 (Volume was the tell there in the afternoon) and I had that feeling in my gut (listen to the gut) that I missed something as B2B came in there.
Things I continue to struggle with (beside the obvious refinement of 'M'):
How a traverse widens to form a channel.
Thanks for posting your chart Spyder.
Things learned today:
A traverse can accelerate and not require an initial tape break to confirm a PT3 (Volume was the tell there in the afternoon) and I had that feeling in my gut (listen to the gut) that I missed something as B2B came in there.
Things I continue to struggle with (beside the obvious refinement of 'M'):
How a traverse widens to form a channel.
Thanks for posting your chart Spyder.