Iterative Refinement

Texas Chainsaw Massacre:

negative 6 points

1. Short 1430 OB on irv after what looks like a PA which doesn't complete - looks exactly like what we had yesterday. Hmm...
2. Short on 1445 decr black after what looked like a return of dominant volume after what turned out to be a PA, twitchy finger clicked on 1448 OB on YM where there was no reason to do so.
3. Short again on 1450 IBGS, that whole thing turned out to be p2 to p3 lateral.
4 Short yet again 1520 decr black after what seemed to be a dominant bar, still see no reason for ibv on 1525. Pehaps it's another PA
5. Finally correct entry, but too late in the day to make up for all the losses.

Comments?
 

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Quote from romanus:


2. Short on 1445 decr black after what looked like a return of dominant volume after what turned out to be a PA, twitchy finger clicked on 1448 OB on YM where there was no reason to do so.
These two seem to complete the PA sequence without leaving the lateral.

I mean , is this a coin toss or what?
 

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Quote from romanus:


4 Short yet again 1520 decr black after what seemed to be a dominant bar, still see no reason for ibv on 1525. Pehaps it's another PA
Here is similar type of situation. Comments?
 

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Quote from romanus:

Comments?

Your chart annotations don't begin to tell you what you need to know. Why? At best, you fail to thoroughly annotate a chart. At worst, your annotations are just plan wrong.

I encourage you to learn to thoroughly and correctly annotate a chart.

- Spydertrader
 

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Quote from Spydertrader:

Your chart annotations don't begin to tell you what you need to know. Why? At best, you fail to thoroughly annotate a chart. At worst, your annotations are just plan wrong.

I encourage you to learn to thoroughly and correctly annotate a chart.

- Spydertrader
Thank you for posting your chart. My continuing struggle with gaussians ( specifically as they apply to different level of fractals) seem to be preventing me from fully mastering these methods. The below:
Quote from Spydertrader:


Learn to understand what your Gaussians are telling you. By doing so, you'll automatically understand which fractal provided the signal you see, and more importantly, whether or not that particular fractal has completed its sequences.
seems to be right on spot.
 
Quote from Spydertrader:

Your chart annotations don't begin to tell you what you need to know. Why? At best, you fail to thoroughly annotate a chart. At worst, your annotations are just plan wrong.

I encourage you to learn to thoroughly and correctly annotate a chart.

- Spydertrader

Spyder,thank you for the chart. I have a question.
 

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