Iterative Refinement

Quote from ljyoung:

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The HH is visible on the OTR charts, but we may also have a different understanding of what it actually is ... Same may apply to the "2-pair" ... where I look for stickiness. :)
 
Roman, I noticed you ended the 1340 lat at the 1420 bar, whereas I carried that lat through until two closes outside, ending it at 1555. Is there a hard and fast rule about ending lats on OB's or IBGS? Trying to understand your thinking here. I thought today was all one tape up from 1105.

edit: I see our data source is quite different....my 1435 bar closes a bit
higher than yours.
 
Quote from jbarnby:

...Is there a hard and fast rule about ending lats on OB's or IBGS?
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Aside from my personal observations, Spydertrader made several posts in that regard in the 3rd and 4th quarter of the last year, if my memory serves me correct. I will attempt to locate them on my computer as ET doesn't recognise 'outside' as a keyword.
Quote from jbarnby:

...I noticed you ended the 1340 lat at the 1420 bar, whereas I carried that lat through until two closes outside, ending it at 1555. ....

I thought today was all one tape up from 1105.

edit: I see our data source is quite different....my 1435 bar closes a bit
higher than yours.
More...
Even if you data shows (in terms of two closes outside of the lateral) that the lateral extends all the way to 15:55, the increasing volume on a 2nd bar that closes outside the lateral would suggest the completion of the medium gaussian sequence with multiple Jokari Window change signals to follow. Since these signals resulted in a tape level change - certain things happened during that 'perceived' lateral that would suggest keeping it intact would not be correct way of annotating.
 
before I forget, no more lats, shocking I know but let's move forward.


[Spydertrader]
07-22-2009, 08:35 PM

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No more 'Chubby' tapes.
No more 'Faster Fractal' Traverses.
No more Lateral 'Movement.'

...- Spydertrader
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Quote from nkhoi:

before I forget, no more lats, shocking I know but let's move forward.
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Careful - spyder said "No more Lateral 'Movement.". He did NOT say "No more laterals". If my understanding is correct, Lateral movement and Lateral Formations are not the same. IMHO, lateral Formations still need to be considered.
 
Quote from jbarnby:

Roman, I noticed you ended the 1340 lat at the 1420 bar, whereas I carried that lat through until two closes outside, ending it at 1555. Is there a hard and fast rule about ending lats on OB's or IBGS? Trying to understand your thinking here...
More...

Hi JB, FWIW, I have attached my thoughts. P.S I had the lateral too :)

What I did not have was a solid (and consistent) taping method through that area in RT.
 

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