Iterative Refinement

[nkhoi]

I am just 1m late but the answer can be found right on the original '7 cases'

 

[traverse]

Under what conditions do you NOT expect an x2x to complete?

 

[innersky]

Quote from romanus:

Yesterday's PFC was, as expected, incorrect - tape drawing/fanning requires further differentiation

Don't we have to fan when price exits the traverse on decreasing Volume? (price exits your first down traverse on decreasing volume)

--
innersky

 

[PointOne]

Thanks for the posts Ezzy, I tried to find those using Search.

Quote from nkhoi:

I am just 1m late but the answer can be found right on the original '7 cases'

I don't think so nkhoi. In both cases (OB and third inside bar) start over from bar 2.
Nothing more complicated than that.

I think Ezzy's posts above clarify Jack's intent.

 

[guavaman]

Quote from PointOne:

another grey area, I think, from the previous thread.

I hope all can immediately identify the fallacy of this statement in both theory and objective fact.

 

[guavaman]

Quote from PointOne:

Imagine the trouble the world would be in if man's interpretation of God's will was this ambiguous.

:eek:

 

[nkhoi]

es5m

 

[nkhoi]

second view

 

[ehorn]

Quote from nkhoi:

second view

Nice trading today. I especially liked the entry at 11:15

 

[Ezzy]

Quote from PointOne:

It doesn't seem to follow from anything Jack has taught, but appeared one day and was quietly absorbed into the method. Where are points 1, 2 and 3 in such tapes and which line is the rtl?

Wanted to address your points 1,2 and 3 question. Many times on the initial 2 bar tape there isn't a 1,2,3 movement, just using the bar ends. This doesn't happen only with internals, it can happen on a trending pair too. The OB is considered an internal as well, see the document referenced in the attached for more on that. Hope that helps. - EZ