Iterative Refinement
- Thread starter Spydertrader
- Start date
I am not so sure what to call this whole thing, however assigning appropriate vocabulary word may not be necessary. Had to redo the gaussians, as my annotations in real time were not thorough, which we all know is a major cause of incorrect ones. The relationship between the blue dash/dot (_.) lateral point three up and second pink dash/dot (_.) point three down shileds some light on why I was getting an extra round of b2r gaussians 1310-1340 which left me wondering real time.Quote from gooch87:
I thought price would be going back up from the little dryup mark on my chart for a V day. After seeing what we have, I am lost as to where our point 1 is for the super channel.Gonna have to spend few more hours redrawing my chart to find it... I am happy with my traverses though.
The evolution of gaussians and trendlines: dotted into dashed into solid.
Ehorn,
If I'm understanding your color coding correctly, where thick-weight Gaussians refer to a standard (5 min ES) traverse, then the Gaussian peak at 11:55 marks the P2 and the Gaussian trough at 14:40 marks the P3 of a possible (in real time) standard traverse. Correct? If so is then the Gaussian peak at 15:45 the 'FTT' for the completed standard downtraverse? Or do you not know yet, for sure, that dominance has been established? I don't think it has.
Your price annotation for the day is similar to romanus', and although the Gaussian deconvolution differs, you both 'agree' on the 11:55 P2 and by different paths, the 14:40 P3. Both of you are saying that the traverse beginning at 13:50 does NOT turn out to be a standard uptraverse but is rather a fftraverse.
Guavaman and several others have instead called the 13:50 traverse a standard 5 min ES traverse and my question to you or romanus is why are you correct?
I have a confusing gamish of reasons for both of them but will SFU until you or anyone else gives an opinion.
lj
I am not saying that the traverse beginning at 13:50 does NOT turn out to be a standard uptraverse but is rather a fftraverse. I am not sure what to call it, but in attempt to do away with unnecessary vocabulary words I am trying to see the same thing with tapes/trendlines and gaussians only. I am confident however that my olive point three up is of the same species as orange point three down in terms of fractal hierarchy by virtue of having p2 outside. As such, I believe their building blocks (b2b's/r2r's and r2b's/b2r's) have to be annotated with the same gaussian thickness.
My faster gaussain annotations for 1030-1155 time frame still leave me somewhat dissatisfied and I may end up arriving at a different ones after taking another look at the tapes in that area.
Ljyoung, thank you for the post. Those discussions you mention would benefit a lot of people, were they easily accessable.
As far as demoralizing effect is concerned... What do you need washes for? Are you still predicting? If you are in the market on point 1 does it really matter whether the traverse you're riding a fft? Even if you are way off with your judgement and have to wash, why don't you reenter? Those were only questions not a challenge.
We've all grown accustomed to looking at things a certain way, and I think it will take a few days for our minds to calibrate to this slightly different viewpoint.
If we all consciously eliminate the inter-day gap, carry over the sequences, and remain mindful of the fractals within fractals, I'm confident our charts will look more and more alike and will ultimately all represent the one correct view.