Iterative Refinement

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

  1. Texas Chainsaw Massacre:

    negative 6 points

    1. Short 1430 OB on irv after what looks like a PA which doesn't complete - looks exactly like what we had yesterday. Hmm...
    2. Short on 1445 decr black after what looked like a return of dominant volume after what turned out to be a PA, twitchy finger clicked on 1448 OB on YM where there was no reason to do so.
    3. Short again on 1450 IBGS, that whole thing turned out to be p2 to p3 lateral.
    4 Short yet again 1520 decr black after what seemed to be a dominant bar, still see no reason for ibv on 1525. Pehaps it's another PA
    5. Finally correct entry, but too late in the day to make up for all the losses.

    Comments?
     
    #10971     Feb 3, 2009
  2.  
    #10972     Feb 3, 2009
  3. These two seem to complete the PA sequence without leaving the lateral.

    I mean , is this a coin toss or what?
     
    #10973     Feb 3, 2009
  4. My chart for today.
     
    #10974     Feb 3, 2009
  5. Here is similar type of situation. Comments?
     
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    #10975     Feb 3, 2009
  6. I mean, how in the world one is suppose to anticipate a p2 to p3 lateral will follow? Comments?
     
    #10976     Feb 3, 2009
  7. Your chart annotations don't begin to tell you what you need to know. Why? At best, you fail to thoroughly annotate a chart. At worst, your annotations are just plan wrong.

    I encourage you to learn to thoroughly and correctly annotate a chart.

    - Spydertrader
     
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    #10977     Feb 3, 2009
  8. Thank you for posting your chart. My continuing struggle with gaussians ( specifically as they apply to different level of fractals) seem to be preventing me from fully mastering these methods. The below:
    seems to be right on spot.
     
    #10978     Feb 4, 2009
  9. gucci

    gucci

    Spyder,thank you for the chart. I have a question.
     
    #10979     Feb 4, 2009
  10. Answer

    - Spydertrader
     
    #10980     Feb 4, 2009