Iterative Refinement

Quote from guavaman:

This makes all the difference doesn't it?

Romanus may be spot on, but his take just doesn't jive to me. Perhaps I cling to a parochial view of the method, but we had completion of a sequence, an SOC, a B2B, a BO of RTL on IBV, DRV and finally IBV out of the widened channel.

In the end it doesn't matter whether one saw change at 15:10 or with the IBV around 15:30, both were on the right side of the market when it really counted.

Context is critical but a difference in context does not mean that a particular concept cannot apply equally well to both situations. So bottom line everyone seems to agree on what the right side of the market was at EOD and it will be very interesting to see what the market shows us on Monday.

lj
 
Quote from gooch87:

It took awhile for the non-dom volume to show up.
My work so far.

I pretty new here and wonder if you could elaborate on what a 'non-dom volume' is. Or direct me to where in the forum I could find the answer.

thanks,
 
I have a question, perhaps a stupid one. If a channel MUST? consist of only three traverses and after the third (dominant) one the market MUST? build the next channel, that MUST? consist of three traverses as well, isn't the construction of a channel a redundant one?

Edit: What do we need the channel lines for?
 
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