Iterative Refinement

Quote from Daxtrader:

What is WMCN?

It would be really cool if someone can make a video with live charts trading this system. If not live, then just replay the day's action. I don't see why it has not been done yet. A video is worth a gazillion words.
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Splendid idea.
 
Quote from Avi 8:

Does anyone have a link where Jack talks about 'neutral bars'?

Thanks
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I can't find neutral bar by Jack, he talks about market neutral but there is no mention of neutral bar. I also came across this quote

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Posted by Spydertrader on 03-05-08 04:59 PM:

"Doji's and Neutral Bars" present confusion - only in the mind of those not following what Price and Volume have signaled. Your question fails to bring Volume into the equation. How can one who attempts to trade using the P-V Relationship leave out 50% of the process and expect to 'understand' what the market has signaled?

- Spydertrader
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another found
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Posted by Spydertrader on 08-03-08 07:13 PM:



Correct. The difficulty here resides in the fact that you have a Doji involved in this sequence (or, as Jack calls them, Neutral Bars). Not only that, but the close of this bar sits at the exact same position as the previous bar. Clearly, a subtle difference than what one sees regularly with respect to bar to bar Price Movement.

- Spydertrader
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Quote from Avi 8:

Thank you, nkhoi.

If anyone could find it, it would be you!
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I guess the term 'neutral' didn't register with me because I filed it under doji catagory. I have an extensive list of doji formations from my candle stick day.
 
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