Nicely done. However, you have neglected to add the sequence at the end of the day. Also, you might want to make sure your Gaussians match up correctly with your trend lines.
- Spydertrader
Iterative Refinement
- Thread starter Spydertrader
- Start date
Nicely done. However, you have neglected to add the sequence at the end of the day. Also, you might want to make sure your Gaussians match up correctly with your trend lines.
- Spydertrader
You continue to sabotage yourself by failing to annotate the entire picture. Gaussians represent a critical component of the learning process. I encourage you to begin the process of learning what you need to learn from Gaussians, rather than, simply continue to 'work on them.'
- Spydertrader
Look closely to see all the Gaussians at work here. One can actually see 4 levels of Gaussians on your chart. However, one cannot always see four levels on every chart. Most times, one (or more) of the 'faster' levels are 'covered up' by a slower fractal.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2226334>
Yes I can see this (dimly at present). And how important because often I am looking for signposts (particularly volume) which I am not able to clearly see (yet) on the 5M bar.
I just blew right over those FF's this morning and, of course, it had me looking for mirages from then on. Although I remember pausing @ 10:40 and now in debrief it is screaming loudly. Guess I should have paused a bit more
Thanks very much!
Quote from romanus:
...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.
I was just waiting around for the volume sequence. It finally came at 14:05 [ET close-of]. For me, it was the real PT3, and the subsequent return to DOM gave the permission I was seeking.
Some 25 lbs lighter I feel energized to relay the following. As stated last PM, I did not think the up traverse sequence was completed at that time.
However I screwed up this AM by breathlessly anticipating completion and change, and having found one (a change signal) stupidly blew by the other (completion). Perhaps the fact that I did not start with the opening bell contributed to my initial exhiliration of believing things were going as anticipated but most probably not. In fact there was no initiation of completion until 14:05 today (not a 13:50 completion as some might think).
As I was posting this AM, the thought crossed my mind as to whether if I knew what to get out of properly (= correctly) annotated Gaussians, I would have seen clearly that my original assessment had been wrong. Spyder has graciously provided us with his Gaussian decon for ehorn's rendering of that early AM time period and so I am zooming in on that to try and extract the essence. I do see a bunch of B2B's after an initial R2R but maybe there's more, like a fractal progression or something. Someone said we annotate from the fine up to coarse and maybe this is what he meant.
I am only typing with my left hand since Spyder, not unlike Sister Mary Maleficence, whacked the knuckles of my right hand, not with a straight-edged ruler but rather with his trusty 2X4 (Jack prefers a 2X6).
lj
However I screwed up this AM by breathlessly anticipating completion and change, and having found one (a change signal) stupidly blew by the other (completion). Perhaps the fact that I did not start with the opening bell contributed to my initial exhiliration of believing things were going as anticipated but most probably not. In fact there was no initiation of completion until 14:05 today (not a 13:50 completion as some might think).
As I was posting this AM, the thought crossed my mind as to whether if I knew what to get out of properly (= correctly) annotated Gaussians, I would have seen clearly that my original assessment had been wrong. Spyder has graciously provided us with his Gaussian decon for ehorn's rendering of that early AM time period and so I am zooming in on that to try and extract the essence. I do see a bunch of B2B's after an initial R2R but maybe there's more, like a fractal progression or something. Someone said we annotate from the fine up to coarse and maybe this is what he meant.
I am only typing with my left hand since Spyder, not unlike Sister Mary Maleficence, whacked the knuckles of my right hand, not with a straight-edged ruler but rather with his trusty 2X4 (Jack prefers a 2X6).
lj
Thanks very much for that, Spydertrader. Yesterday was my worst day for WMCN in several weeks, and now I can see just what I missed, and what continued to throw me off.
In future, when I'm confused I need to stop and go over everything on the chart until I'm sure of what's going on.
- palinuro
1. I didn't believe that the 10:15 bar was the actual Pt2 b/c it was inside the CO channel.
2. Did not reverse until the increasing PRV of the 12:15 bar b/c from 11:05 to 11:40 we did not have a proper completion of the down traverse. This is the same situation I discussed a few days ago.
(http://www.elitetrader.com/vb/showthread.php?s=&postid=2221675#post2221675)
3. Got freaked out by the IBV at 15:50 (15:40 was BO of Pennant so no worries)
4. I believe that since we did not have a SOC at 15:30 or :35 we just cycled through again.
PFC: We have a Pennant BO w/ IRV (Non Dom) followed by two inside bars w/ DRV (also Non Dom) followed by a Spike bar w/ IRV (Non Dom).
If we hadn't already completed a sequence and cycled through again, I would say we need to complete the down traverse in the a.m. However, since this is not the case, I believe the Spike Bar @ 16:15 is an SOC and we look for the start of an up traverse tomorrow morn.
I recommend all that read this to exercise extreme caution in evaluating its accuracy and reliability as well as that of it's source
2. Did not reverse until the increasing PRV of the 12:15 bar b/c from 11:05 to 11:40 we did not have a proper completion of the down traverse. This is the same situation I discussed a few days ago.
(http://www.elitetrader.com/vb/showthread.php?s=&postid=2221675#post2221675)
3. Got freaked out by the IBV at 15:50 (15:40 was BO of Pennant so no worries)
4. I believe that since we did not have a SOC at 15:30 or :35 we just cycled through again.
PFC: We have a Pennant BO w/ IRV (Non Dom) followed by two inside bars w/ DRV (also Non Dom) followed by a Spike bar w/ IRV (Non Dom).
If we hadn't already completed a sequence and cycled through again, I would say we need to complete the down traverse in the a.m. However, since this is not the case, I believe the Spike Bar @ 16:15 is an SOC and we look for the start of an up traverse tomorrow morn.
I recommend all that read this to exercise extreme caution in evaluating its accuracy and reliability as well as that of it's source