Iterative Refinement

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


  1. It is all in the tapes, isn't it !!
    I see them all over your chart. LOL
     
    #4801     Jun 30, 2008
  2. tapes.... channels ... P3 up forest:)
     
    #4802     Jun 30, 2008
  3. The only way to know are you doing the right thing...:D
     
    #4803     Jun 30, 2008
  4. Nicely done.

    - Spydertrader
     
    #4804     Jun 30, 2008
  5. When data issues arise, one simply needs to seek out a superior source for information. Differences in data providers do exist, but when one's data has traveled so far off the reservation, a trader begins to lose confidence in the information displayed. When this happens, the market (in this case, your data provider) has provided you a signal for change.

    A few individuals (and you know who you are :D ) recently switched to one such superior data source. Perhaps, one of them can alert you to the benefits they have recently experienced.

    - Spydertrader
     
    #4805     Jun 30, 2008
  6. ES
     
    #4806     Jun 30, 2008
  7. YM
     
    #4807     Jun 30, 2008
  8. ES U8 Daily Chart June / 30 /2008



    Daily ES bar made a HH and HL on decreasing volume.

    Range of daily bar = 16.75 points

    Volatility to previous bar = 88%

    Volume = 92% of previous bar.

    Close of bar = 45% of the range today.
     
    #4808     Jun 30, 2008
  9. cnms2

    cnms2

    Half-day DIA as a surrogate for YM ... :)
     
    #4809     Jun 30, 2008
  10. Looks like DRYS had a textbook FTT into decreasing red back to the RTL but int his case you could have made 4 points following this decreased red back to the RTL. I had this one starred to look at for this morning and didn't get my system up in time. Bummer. Could BO on increased red tomorrow though.
     
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    #4810     Jun 30, 2008