Iterative Refinement

Quote from charts:

... I disagree with your P.S. ... look at gaussians ... :)
... that drill's point is not to separate price and volume but to better understand their correlation, and to learn to avoid inventing gaussians based on the perception of how the price moved ... we've recently agreed to keep an open mind :)
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Yes we have. So I will play nice. But by performing a drill (without context) by only looking at volume and drawing gaussians, you have seperated price and volume.

Getting very late here. Have a nice evening and thanks for pointing out my errors earlier. But I have to draw a line at sillyness :)

P.S. Your proposed channel completely disregards context and sequences.

P.P.S. Remember to keep an open mind :)
 
Quote from charts:

... the point was not to use laterals ... incorrectly but I've also underlined that it was a long price bar that suggested there's some more to follow
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Again, I see no compelling reason to use the lateral, while you apparently do. Cool. So then you could have anticipated a pennant on the next bar due to overlap considerations or pace considerations? I would have used pace. The 'no breach of the tape RTL' requires nothing more than waiting for a breach and none of this other palaver.

Since the 15:25 bar was a pennant BO then we have the AM anticipations set.

lj
 
Quote from ehorn:

No, Spyder has correctly stated that we all know... We just may not have assembled the pieces yet (please include me in this camp for now) :)

But more specifically, because we know the rules surrounding laterals and dominance confirmation. So we can know that if we do not see a confirmation then what we are seeing is something else.
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Oh ehorn. I agree it is getting late. My only point is that perhaps it may be that laterals are something which may be used.

Sometimes when I think I know something, speaking here just for myself, I find out that I don't or that the way I was thinking was not singularly correct. That's all. I'm not saying you are right or wrong, nor am I trying to change your mind. I have simply found that laterals are a very sharp, double-edged blade and if on lookback I find that the lateral didn't make sense, I just bag it, which is what I did this AM.

lj
 
... sorry that I've ruffled some feathers tonight :) I had the best intentions
... you guys know Ben Franklin's definition of insanity (or Albert Einstein's, or ...) : )
 
Quote from charts:

... sorry that I've ruffled some feathers tonight :) I had the best intentions
... you guys know Ben Franklin's definition of insanity ... : )
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You've ruffled none of my feathers cnms2. I just wish you'd quit using that freakin' smiley. It drives me nutz. I'm not sure if that's how Franklin defined insanity but I'd like to hear what he said.

lj

Edit: The tell was the 'ghosties'. For whatever reasons I relate better to your former moniker but it's a free country and so please continue with the smiley and I'll just continue deleting it.

You are a smart dude, as is typical of one of the A-team and I enjoy talking with you. My current RTL obsession has its roots in how makosgu used to present his channels. Hope there are no hard feelings.
 
Quote from ljyoung:

You've ruffled none of my feathers cnms2. I just wish you'd quit using that freakin' smiley. It drives me nutz. I'm not sure if that's how Franklin defined insanity but I'd like to hear what he said.

lj
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... are you feeling you're progressing at all? :)
 
Quote from ljyoung:

... My current RTL obsession has its roots in how makosgu used to present his channels. Hope there are no hard feelings.
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... always ready to learn and / or to discuss useful / interesting things :) (... it's like you sign lj)
 
I'd still like to hear what Franklin said about insanity. I read a recent biography (haven't read his autobiography) and didn't come across his thoughts on the matter.

lj
 
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