Iterative Refinement
- Thread starter Spydertrader
- Start date
My chart for today.
I was a bit puzzled at around 14.55 and especially at 15:40 because of the increasing black volume. I thought I might have missed or misread something. I was anticipating the channel BO (green line) that came at 14:20 on increasing volume, which was OK. But the increasing black afterwards didn’t make sense to me. Now back to debriefing.
I was a bit puzzled at around 14.55 and especially at 15:40 because of the increasing black volume. I thought I might have missed or misread something. I was anticipating the channel BO (green line) that came at 14:20 on increasing volume, which was OK. But the increasing black afterwards didn’t make sense to me. Now back to debriefing.
...Quote from Gregor_S:
My chart for today.
I was a bit puzzled at around 14.55 and especially at 15:40 because of the increasing black volume. I thought I might have missed or misread something. I was anticipating the channel BO (green line) that came at 14:20 on increasing volume, which was OK. But the increasing black afterwards didn’t make sense to me. Now back to debriefing.
Seeing the struggle to put the 'real' P2 down at the end of the day leads me to believe that my green trendline is accurate.Quote from ehorn:
Well here goes...
Any feedback or comments always appreciated.
EDIT: Debrief already shows a runaway DBV black gaussian (come on silly... you know B2B gets us to PT2...)
Your purple traverse ( my blue) is a very interesting animal. You had your laterals to rely while monitoring for sequence completion. Since I am not allowed to annotate them, I had to get my sufficient data set elsewhere.
It isn't.
However, the blue trendlines do accurately reflect the market. Perhaps, something from the previous day influenced the morning - requiring completion - before the blue trend lines could begin. Also, you've left off something at the end of today's chart which the market may find important come tomorrow.
HTH.
- Spydertrader
Quote from ehorn:
Well here goes...
Your first purple set of trend lines contains things within it which (if correctly annotated via Price and Volume) clearly explain how the market handled the gap at Bar One.
HTH.
- Spydertrader
Way too many laterals.
Using laterals as a default method of annotation creates an environment where the lateral obscures that which the market has signalled. Think for a moment. Sequences within laterals would, by definition, represent things on another fractal. Perhaps focusing on annotations without using laterals can help you to see that which currently evades your grasp.
- Spydertrader
Tapes build Traverses and Traverses build channels. Your traverses and channels appear to form straight out of mid-air. Perhaps, thorough annotations of both Price and Volume can help you move to the next level.
- Spydertrader