Iterative Refinement

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

  1. ES and EURUSD:)
     
    #10831     Jan 26, 2009
  2. ...
     
    #10832     Jan 26, 2009
  3. Weirdening ways of YM exhasberate an occasional lack of "knowing that you know" resulting in inability to hold.:D
     
    #10833     Jan 26, 2009
  4. charts

    charts

    ... arguably, your exit would've been a pretty safe entry (after establishing dominance) ... you entered on an end of sequence / change signal ... your plan should've been to exit on pt2 and re-renter on pt3, or hold through pt2 to pt3 ... what made you think your original plan wasn't valid anymore? what "wasn't that"? ... probably you jumped to a faster fractal, or got scared
     
    #10834     Jan 26, 2009
  5. That's usually the plan.

    I like to avoid those for now.

    Those usually work fine unless there's no p3, in which case they don't.

    YM 1434 ibv followed by dbv on 1436 prior to breaking one of the RTL's.

    Have not been able to define this concept rigorously, so it doesn't hold much meaning to me unfortunately.

    I am always scared, and so should you. jk:D
     
    #10835     Jan 26, 2009
  6. Neoxx

    Neoxx

    I know exactly what you mean, and would strongly recommend that you revert to using just the ES chart.

    It was only when I did this that I realized how much there was that I wasn't seeing clearly.

    I think a reasonable target would be to stick to just the ES until consistently exceeding the ATR, and only move on to additional tools when further refinement is needed.
     
    #10836     Jan 26, 2009
  7. Unwise.
     
    #10837     Jan 26, 2009
  8. Neoxx

    Neoxx

    Ok...
     
    #10838     Jan 26, 2009
  9. Daily Chart ES January 26 2008
     
    #10839     Jan 26, 2009
  10. so far...:)
     
    #10840     Jan 27, 2009