Iterative Refinement

[Spydertrader]

Quote from guavaman:

Thx, but one error I noted is the annotated Pt3 at the EOD. I think we are still waiting for a Pt3 to form.

Your error does not reside here. It resides in the same place as charts' annotation error.

- Spydertrader

 

[charts]

Quote from Daxtrader:

can someone help me annotate this chart? am i drawing these channels correctly? any help would be greatly appreciated!

... my try

 

[charts]

... and this

 

[ljyoung]

Gotta be useful.

lj

 

[charts]

Quote from ljyoung:

Gotta be useful.

lj

... a "useful" lateral is between pt2 and pt3, or a traverse

 

[guavaman]

Quote from Spydertrader:

Your error does not reside here. It resides in the same place as charts' annotation error.

As we are both incorrect, the prospect of correcting the mistake appear slim

 

[ljyoung]

Quote from charts:

... a "useful" lateral is between pt2 and pt3, or a traverse

That's what I thought (others can be described). So we would seem to be at variance with respect to one of the conditions which you alluded to and seeing as we're not going to have a lateral traverse at this point in time, it doesn't leave much else. See you in the AM after open.

lj

 

[charts]

Quote from guavaman:

As we are both incorrect, the prospect of correcting the mistake appear slim

... to me it seems that the sequence was completed on the last bar, ... on multiple fractals

 

[Spydertrader]

Quote from guavaman:

As we are both incorrect, the prospect of correcting the mistake appear slim

Your ability to accurately assess error identification and correction should not hinge on the inability (or ability) of others.

- Spydertrader

 

[Spydertrader]

Quote from charts:

... to me it seems that the sequence was completed on the last bar, ... on multiple fractals

Probably why I posted that the error did not reside at that location.

- Spydertrader