Iterative Refinement

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

  1. Now Im playing that game again but this time the question is why isnt the FTT on the 7-22 chart an FTT of the blue up traverse. Ive tried finding answers such as(its a flat top pennant ) but right before it there is a flat bottom pennant in a pink traverse that is labeled as an FTT. It sends me down roads that seem not to end.

    I feel like every situation will lead me to a spot where a similar situation occurs and there is a different answer that will send me down another gopher hole if thats the right term.
     
    #5491     Jul 24, 2008
  2. Tums

    Tums

    snatched it somewhere... worth a reread.

     
    #5492     Jul 24, 2008
  3. bi9foot

    bi9foot

    Not sure where you are referring to. I count 4 blue up traverses. 3 of which are preceded by pink down traverses.

    Perhaps a clarification of time would help.

    Also, provide a link to the chart you are referring to. Makes it easier to make sure everyone is working off the same chart.

    I assume you are referring to the following chart
     
    #5493     Jul 24, 2008
  4. Yes thats the correct chart. The second traverse of the day is a pink traverse and the traverse ends with an FTT that is also the forming of a Flat Bottom Pennant at the 10:50 and 10:55 bars. Then we have directly after it a blue pt 3 traverse that ends with a flat top pennant that is not labeled as an FTT specifically the 11:25 and 11:30 bars.

    My other question had to do with comparing charts from 7-22 and 7-23 where in one after the 11:25 and 11:30 FTP and BO of that traverse had in my opinion identical movements to the 2:35 BO of an up traverse on the 7-23 chart. One became a new traverse, the other didnt.
     
    #5494     Jul 24, 2008
  5. I suggest you review my answer to Jander.

    - Spydertrader
     
    #5495     Jul 24, 2008
  6. I understand the question Jander proposed and the specific examples of what you are doing that he is referring too. Yet I can not see a pattern on the chart that tells you a traverse will be fanned(therefore no FTT occurs)without subsequent bars. The attachment I have is a great example as there are multiple traverses without FTTs annotated that are fanned.

    Please steer me to a clue of how you see this on the spot as it might answer all three of my questions from
    the past several days.

    Should also mention this no FTT annotation includes traverses that are fanned out using the original pt 1 and a new pt 3
     
    #5496     Jul 24, 2008
  7. dkm

    dkm

    Attached example of spyder's chart showing FTT annotated for orange traverse and FTT of fanned maroon traverse.
     
    #5497     Jul 24, 2008
  8. My wife is a clinical bioethicist and is always whacking on me in respect of being as clear possible when presenting a point. So then, the point above should be modified to say "... than the point 2 or the highest high/lowest low of the 'traverse-channel'...". More apologies and yes I do hear a scold saying, 'You should be more careful when you write' but if I did that, then it would probably take me as long to write a note like this as it did to get to the point of being able to write it.

    lj
     
    #5498     Jul 24, 2008
  9. Jander

    Jander

    Fairly straightforward morning
     
    #5499     Jul 24, 2008
  10. Jander

    Jander

    Thanks for the hint .. and the next quest begins!
     
    #5500     Jul 24, 2008