Iterative Refinement

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

  1. Daxtrader

    Daxtrader

    Hey Romanus, why did you expect to see a B2B here? Is it because it would confirm an FTT at this point?
     
    #12011     Jun 9, 2009
  2. Neoxx

    Neoxx

    I should have anticipated that this statement would draw some malcontents out of the woodwork.

    Here's the addendum I omitted...

    "I have no intention of responding to requests for personal information, or disabusing anyone of their closely held convictions or chosen beliefs."
     
    #12012     Jun 9, 2009
  3. Right, without a blotter there's no validity in claiming profits. You can take it to collective2 or covestor. Otherwise, total bullshit. No one's made anything from these charts.
     
    #12013     Jun 9, 2009
  4. So you had a Pt3 up traverse (as noted by the blue trend lines) at EOD on 6/7/09 that presumably completed with an FTT@ 16:15 and it is followed by a FFT?

    Is this how the market normally behaves?
     
    #12014     Jun 9, 2009
  5. The gaussians show WMCN.
     
    #12015     Jun 9, 2009
  6. Presumably?:confused:
    Really?

    Are you asking me if it's normal for a market to build a faster fractal traverse while moving between P1 and P2 of the 5 min ES level traverse?
     
    #12016     Jun 9, 2009
  7. First, are you certain that 14:40 to 16:15 on the 5th is a Pt3 traverse up?
     
    #12017     Jun 9, 2009
  8. Something wrong with my gaussians?
     
    #12018     Jun 9, 2009
  9. I use the same coloring convention for my traverses and FFT as you do. However, since I rarely consult your charts, I have less certainty as to what your Gaussian convention is and if type of lines you used indicates a completed traverse.

    Now, wouldn't it be easier and more collegial to have just answered the question instead of resorting to a snarkey response?

    Regarding the area in question, I see no compelling reason to classify it as a Pt3 traverse. As such the entire construct of the area that precedes and follows it is different. I see it at most a FFT.

    Apparently it matters not if I am correct or not. It is plain to see that you anticipated and caught each turn. It must have been a monster day for you. BTW, did you trade that live?
     
    #12019     Jun 9, 2009
  10. Daxtrader

    Daxtrader

    What is WMCN?

    It would be really cool if someone can make a video with live charts trading this system. If not live, then just replay the day's action. I don't see why it has not been done yet. A video is worth a gazillion words.
     
    #12020     Jun 10, 2009