Iterative Refinement

Quote from romanus:

I missed 2020 ibgs ibv which killed the lateral (piercing it) and signalled change to short imo. It's been covered so long ago that i managed to forget it. Damn.
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Thx for the link romanus.
Having reviewed (again), my conclusions on the lateral are attached.
Also able to fully understand the end of sequence in the last lateral at end of day.


thx..
 

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Quote from FilterTip:

Thx for your feedback on the PA.
For sure we know to expect continuation in the direction of the PA.
I agree that the nature of that continuation differs with, as you say spike bar etc..

It' didn't look like that happened on the 17:55 bar, but I chose Spyders "take timely action" to wash with price failing to stay within the tape.

You did some great work on the PA stuff if memory serves me.
I still have problems distinguishing it from PV.

Thx
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Correction, the 17:55 should read 18:55 (that's GMT)
I'm still confused about the change there, other than decreasing volatility with increased volume, an FTT of the Red and (hindsight) Violet LTL and possibly PV.
Perhaps it's all three ?
..any help much appreciated also with bar 19:05 JW ?

thx
 

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Quote from Mr_Black:

Bo>>>>>P3 buy Bread and Butter:)
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If the p3 up yesterday afternoon was in fact a non-dom traverse in down channel, which looks like it's ended today - i shall proudly stand by my opinion that we are due to breach the chocolate rtl to establish p2 of the up traverse.
 

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