Iterative Refinement

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

  1. Ezzy

    Ezzy

    If volume increases, expect price to continue. If volume decreases, expect price to change. Price confirms whether or not these expectations are being met.

    - EZ
     
    #3341     May 8, 2008
  2. Bzzzzzzt. Incorrect.

    Thanks for posting, and feel free to try again.

    I do expect everyone who recently posted a question to participate.

    - Spydertrader
     
    #3342     May 8, 2008
  3. Bzzzzt. Incorrect.

    See Non-Dominant Price movement which causes your definition to fail (we actully had three bars of decreasing Non- Dominant Volume today one after the other. Price did not change). Please try again.

    - Spydertrader
     
    #3343     May 8, 2008
  4. R/R

    R/R

     
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    #3344     May 8, 2008
  5. Volume sustains price, when volume drops, price changes direction. And the process repeats as long as there is interest in the new direction.

    Maybe I should have used pushes instead of sustains.
     
    #3345     May 8, 2008
  6. pv = Jokari window
     
    #3346     May 8, 2008
  7. ivob

    ivob

    "Increasing volume is required for price to keep on moving up or down."

    regards,
    Ivo
     
    #3347     May 8, 2008
  8. Aha, this has bugged me to the point of migraine! Succesive lower volume non-dom movement can't all be change, change, change, etc. That simply doesn't make logical sense.

    New Answer:

    If volume is up, price will contine. If volume is down, price will change.

    Only problem is, I can't see how this is any different than my first answer.

    Thank you very much Spydertrader for playing along with the dolts.
     
    #3348     May 8, 2008
  9. Specterx

    Specterx

    Dominant price movement is sustained by increasing volume. We expect these to appear at the same time.


    [WRT to the question at hand: failure to break a pennant on increasing volume is analogous to price which fails to traverse on a volume peak?]
     
    #3349     May 8, 2008
  10. That seems to be the perfect time to bring out my lack of understanding of P/V relationship. I understand how it manifests itself: Dominant traverses on increasing volume, non dominant traverses on decreasing volume. However I find the Jokari window itself beyond my comprehension. Spent many hours reading posts, temporarily gave up, decided if one can make money pt3->FTT/FTT->FTT, the haven can wait:)

    However this post:
    http://www.elitetrader.com/vb/showthread.php?s=&postid=1833108&highlight=jokari#post1833108

    pointed to the possibility that I might be able to understand it.
     
    #3350     May 8, 2008