Iterative Refinement

Quote from double eagle:

...I had a question about the return to dominance around the 10:40 bar. There was a "rule" talked about previously where the first bar out of a lateral couldn't confirm a return to dominance. Is this statement true? I do recall exceptions to this though. For example, if that bar broke through a higher fractal trend line then a return to dominance is confirmed.
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Welcome to the thread double eagle,

If I observe how laterals (The different types) end for the fractal they are operational on (focusing on 2 fractals - tapes & traverses) - then I believe you have correctly applied the rule - but to which fractal (consider the differing contexts in which laterals are operating in relation to these fractals)?
 
Quote from double eagle:

Here's my real time chart. I didn't change anything after the fact. Clearly I need to debrief tonight. The completion of the up traverse started yesterday is totally different than Ehorn's. I'll have to look at the gaussians again.
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Sharing allows each of us to examine different perspectives and review our own work to see if something can be learned. :)
 

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Quote from ehorn:

Sharing allows each of us to examine different perspectives and review our own work to see if something can be learned. :)
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Thanks for sharing ehorn. You may want to check out my journal for another perspective. Best.
 
Quote from nkhoi:

agree, looks like an up day tomorrow 8/1/09
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Hey nkhoi,

My debriefed chart more clearly represents my thoughts on What MUST come next in the sequences.
 
Quote from sicktraderII:

Thanks for sharing ehorn...
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yvw,

As I am sure you are aware - there are many ways to make money trading. This journal is focused on The principles of price and volume.

IMHO, The price/volume principles are an incredibly powerful paradigm - they provide the trader freedom to KNOW what the market is doing and (when all things complete for any given fractal) What MUST happen next (not to be confused with prediction as many do).

The annotations (sharing part) are simply a visual demonstration of a routine which, over time, builds the traders mind and allows him/her to see that the market is NOT random. Once this is observed and understood - prediction and gambling become unnecessary. As the markets movements are orderly and sequential, once a trader has a firm grasp of the sequences, trading (taking action) becomes one of certainty. All possibilities but one being extinguished leave all but one decision (continuation or change) and only one action (hold or reverse).

Good trading to you.
 
Quote from romanus:

Hi romanus,

I have questions regarding your 7/30 chart;

1) Is there any reason that you gave up using skinny black down trendlines which started at 11:50? Is it because 12:00 bar not an FTT of any tape?

2) Is it possible to annotate trendlines and gaussians presented by dotted lines? If it's wrong, could you explain it? TIA
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