Iterative Refinement

[ljyoung]

Quote from gucci:

You bet! Great post. Thanks.

Hey guch. Ya wanna put down the fackin' pom-poms and tell us your definition of a channel.

TIA

lj

 

[gooch87]

Quote from Spydertrader:

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2282395>

Spyder,

Thank you for showing me I need to work on tape and traverse identification. I truly appreciate your patience.

Gooch87

 

[gucci]

Quote from ljyoung:

Hey guch. Ya wanna put down the fackin' pom-poms and tell us your definition of a channel.

TIA

lj

Sorry for pom-poms. I just wanted to show that I'm one of those still learning. I didn't mean any disrespect.
As far as channel is concerned, I do not have any specific definitions (that would be a prediction trap for me). I'm trying to focus on differentiating between continuation and change only.

 

[Mr_Black]

EURUSD trade....

 

[gooch87]

here are my annotations up to now. Off to work.

 

[Mr_Black]

Up channel so far...

 

[Munck]

My chart so far.
(1 trade = +2,25p)

Comments welcome

 

[romanus]

1. long pen bo & ES accel RTL BO on +PRV
2. flawlessly executed IF1/IF2 reversal results in selling the bottom
3. long again on JW & PV on ES and +PRV on YM
4. cover on YM PV & JW in the accel traverse

Was not in the mood to wait for accel traverse on ES after losing 4 pts in the lateral.

 

[Mr_Black]

so far....

 

[Mr_Black]

Crayola