Iterative Refinement

Discussion in 'Journals' started by Spydertrader, Jan 3, 2008.

  1. Could you elaborate on your thinking here?
     
    #10691     Jan 7, 2009
  2. Miracle

    Miracle

    I don't think the green channel is valid.
    There is only a non-dom up traverse in the Red down channel. I might be wrong though.
     
    #10692     Jan 7, 2009
  3. Miracle

    Miracle

    IMO, the 15:35 bar confirms B2B, however, one might consider it as unknown due to FTP breakout. This is the area that I am confused most of time.

    12:20 SOC makes perfect sense due to lack of change on 11:55 bar. I am not sure if 11:55 bar is p2 because I think 11:05 shows IBV and it confirms B2B. Could you please elaborate you analysis?

    TIA
     
    #10693     Jan 7, 2009
  4. Miracle

    Miracle

    I can count all sequence within it. That's why I think it's 5 min traverse. Guava?

    IMO, if it closes above previous bar on DBV, then is JW signal.
     
    #10694     Jan 7, 2009
  5. Miracle

    Miracle

    13:40 bar is DU and 13:45 is PA. The following pink traverse has 13:45 - p1, 14:00 - p2 and 15:05 - p3. 14:00 bar confirms B2B and 15:05 and 15:10 return to DOM. I am not sure if my analysis is correct. Please correct me if I am wrong.

    TIA
     
    #10695     Jan 7, 2009
  6. Miracle

    Miracle

    I think you are right. Bar 15:20 and 15:35 IBVs are pennant BOs. B2B cannot be confirmed.



    Could you please explain why 11:55 bar is p2?
     
    #10696     Jan 7, 2009
  7. 11:55 is SOC of the faster fractal traverse and pt2 of the non-dom traverse, 13:35 SOC of the non-dom traverse (the green 'channel' in charts' diagram). imho, of course...

    - palinuro
     
    #10697     Jan 8, 2009
  8. Miracle

    Miracle

    Thanks Palinuro. After reviewing Guava's chart, I can see you guys annotated a big LM. Should we have LM at the end of traverse and beginnning of another one? Is the last red bar IRV FBO within LM kills it?

    TIA
     
    #10698     Jan 8, 2009
  9. I try to trade the 5 min ES fractal. Therefore my analysis put the second volume cycle at 11:50 and the Pt2 at :55.
     
    #10699     Jan 8, 2009
  10. 1XATR so far.... :D
     
    #10700     Jan 8, 2009