Iterative Refinement

[ehorn]

Quote from Neoxx:

You must have noticed by now that reality's not my forte.

LOL! We remain focused on the markets reality

Quote from Neoxx:

It's great that so many people are posting their charts... creates a really rich debriefing resource.

Amen to that! Collaboration is key

 

[ehorn]

Quote from WGTrader:

For me as well. I have found however, that by trading the tape fractal I don't have to worry about jumping up a fractal.

As Spyder says, many ways to skin a cat. Nice trades today BTW.

 

[charts]

Quote from Spydertrader:

Perhaps, today began with something ending from yesterday before something could begin today.

- Spydertrader

... sequences

 

[charts]

Quote from Neoxx:

... Here's my not-yet-debriefed version (repost from Technical Strategy)...

... matching colors (some on different tape or traverse levels)

 

[PTVtrader]

debriefed chart...thinking outside the box...

edit - traverse pt 2 will coincide with red channel pt 3 down.

 

[PTVtrader]

Quote from PTVtrader:

debriefed chart...thinking outside the box...

edit - traverse pt 2 will coincide with red channel pt 3 down.

So, when price is in a long non-dom pt 2 to 3(traverse level) competing with a short dom pt 3(channel level), what is one possible outcome that an ES 5 min traverse level trader expecting?

HVST - High Volatility Speed Traverse

 

[charts]

Quote from PTVtrader:

debriefed chart...thinking outside the box...

edit - traverse pt 2 will coincide with red channel pt 3 down.

... today's gap was ... one of those

 

[Neoxx]

Quote from WGTrader:

My morning thus far. I'm beginning to see some patterns here LOL! Haven't been too sure about the gausians this morning, but have been sure about the tapes. 4 trades/16 pts.

Good job.

One entry, and four reversals?

 

[Neoxx]

Quote from charts:

... today's gap was ... one of those

I agree.

 

[Neoxx]

Quote from PTVtrader:

debriefed chart...thinking outside the box...

edit - traverse pt 2 will coincide with red channel pt 3 down.

Seems I'm on a slightly different wavelength.

My interpretation was that what initially began as a 5-minute level channel is now operating as an intermediate channel, just as what began as a traverse in the pm of 12/12 ended as a channel.

So what I have, from 10:35 EST is a long non-dom channel, composed of three traverses, which, in turn, are composed of three sub-fractal traverses (the last one yet to complete).

Nailing all of the turns (on a subfractal level), at 7-15 reversals/day, should bring us to 'within the neighbourhood' of the offer.