Iterative Refinement

Quote from Spydertrader:

Everything is exactly the same as it was only now with an emphasis on one trading fractal and only taking action at end of bar (close). The best place to start is to learn to annotate a chart thoroughly and correctly. Once you learn to thoroughly and correctly annotate a chart, applying the methods to futures or equities becomes a matter of personal preference.

Review last year's Futures Journal (Procrast's documents should provide a nice primer) especially the main monthly posts (someone posted a link to all such posts early in this thread or at the end of last year's thread). No need to go beyond Trend Lines and Gaussians (with the possible addition of flaws and formations from last fall) until you can fully grasp the Monitoring Portion of the M-A-D-A process.[/B]

Thanks Spydertrader
 
Missed PA on 13:15 bar and mistakenly concluded no change at 13:35.

Also lots of hesitation in real time whether or not 14:40 was signal for change - seemed like another ff traverse up was on a menu.
 

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Quote from romanus:

Pink is revealed to be a channel. R2R is yet to be completed.

I would humbly submit and risk being clubbed senseless by one of Spyder's implements of atonement, that the channel construction began with the 11:40 bar. It is interesting (why I don't know - observational perhaps) that the YM did give us a new P3 for its comparable channel.

A question for Spyder. Do the same rules apply to a 'tape' RTL that apply to a traverse RTL? Break on low V = fan, break on high V = optional fan, with the close in both cases being back 'inside' the original tape.. Thus while 'adjusting' the tape under such circumstances, we still have a tape.

TIA

lj
 
Like the impressive pileated woodpecker scooting about the back of my luxury 4-plex (just a stone's throw from a vintage "Road Warrior" trailer home), the rare ES "no overlap" pair is seen at 15:05 and 15:10 (on both TN and NT data feeds). Maybe the smart$ were in a hurry.

lj

FWIW I think the 'fast fractal' stuff is an attempt by the same crew to confuse and torment Hershey traders.
 
Quote from romanus:

Missed PA on 13:15 bar and mistakenly concluded no change at 13:35.

If one were truely "starting from the beginning" as you put it, one would not know anything about PA, PV, PKV. Now, would they? One would simply find themselves focused on learning to annotate ........ :)

- Spydertrader
 
Quote from ljyoung:

...A question for Spyder...
Missed this?

Quote from Spydertrader:

Wow.

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....
 
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