Iterative Refinement

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

  1. ehorn

    ehorn

    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)?
     
    #12261     Jul 30, 2009
  2. ehorn

    ehorn

    Me too - that was alot of volume into the close :)
     
    #12262     Jul 30, 2009
  3. .
     
    #12263     Jul 30, 2009
  4. ehorn

    ehorn

    Sharing allows each of us to examine different perspectives and review our own work to see if something can be learned. :)
     
    #12264     Jul 30, 2009
  5. Thanks for sharing ehorn. You may want to check out my journal for another perspective. Best. [​IMG] [​IMG]
     
    #12265     Jul 30, 2009
  6. nkhoi

    nkhoi

    agree, looks like an up day tomorrow 8/1/09
     
    #12266     Jul 30, 2009
  7. ehorn

    ehorn

    Hey nkhoi,

    My debriefed chart more clearly represents my thoughts on What MUST come next in the sequences.
     
    #12267     Jul 30, 2009
  8. ehorn

    ehorn

    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.
     
    #12268     Jul 30, 2009
  9. You probably mean 7/31/09.:p
     
    #12269     Jul 31, 2009
  10. NYCMB

    NYCMB

     
    #12270     Jul 31, 2009