Iterative Refinement

I don't see IRV until after your post. Prior to that, the last IRV on the YM is at 1142 [close]

 

First of all I wrote: I would be surprised if we would move up much more

What's wrong with being surprised if we would move up much more?

I wasn't stating it would not or could not happen... I did not write "It will not move up", did I? I just wrote I wasn't expecting it. Part of the method is expecting things isn't it? And even if something unexpected happens it's no big deal if you're quick.

Secondly I wrote:
because I doubt if we can make the volume for that...

And my opinion is that we did not move up much more because we couldn't make the volume for that.

regards,
Ivo

 

Hi Avi,

Sorry, I was referring to after my post, YM 12:04 and after.

regards,
Ivo

 

image

 

Please tell me you are kidding!

1205
1225
1230 [all closes]

This is NOT IBV?? When the high of the day keeps going higher??

 

I notice this chart had a P/L on it.

Why is there not one on the last chart posted?

 

Hi Avi,

The reason is because I had a better result than usual and I am happy about it. It's my way to celebrate. Is that okay?

BTW if you have a good result I am sincerely happy for you. It means we make progression doesn't it?

Now let me ask you a question.
Spyder recently posted a trade result in another thread.

I suppose it was not his worst trade ever.

Now why don't you ask him why he doesn't post all his results?

regards,
Ivo

 

Thank you for your candid answer.

I appreciate it.

Good luck.

 

1450 [close of] is formation BO on IBV
1455 [close of] is DBV, more incr volume did not follow = expecting trend to change
1500 [close of] price heading higher on IBV = What Must Come Next didn't, therefore the trend changed.
Is this a correct application of WMCN?

 

Two questions first:

What is your context?

Where are you in the sequence?