Iterative Refinement

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

  1. 07-24-08 08:16 AM
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    Quote from Spydertrader:

    Congrats, you just located one of those subtle differences I often harp on about.

    - Spydertrader
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    Thanks for the hint .. and the next quest begins!
     
    #5501     Jul 24, 2008
  2. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2005663>
     
    #5502     Jul 24, 2008
  3. gucci

    gucci

    Déjà-vus all over again :)

    Spydertrader, what information about the mode of the market did you retrieve from the second IBGS on your chart ?
     
    #5503     Jul 24, 2008
  4. Quiz: Why do we not have a signal for change on Bar Six?

    Everyone should feel free to provide an answer. I have no plans to provide the quiz answer (or additional hints) until the correct answer appears.

    - Spydertrader
     
    #5504     Jul 24, 2008
  5. gucci

    gucci

    The volume indicated continuation down. On this bar we saw the max volume for the day so far. And there is no ftt for the tape starting from point 3 of the traverse.
     
    #5505     Jul 24, 2008
  6. The time between when I posted the above chart, and when you posted your question spanned all of eight minutes. I recommend spending a bit more time on obstacles before determing you can't overcome them.

    - Spydertrader
     
    #5506     Jul 24, 2008
  7. Avi 8

    Avi 8

    Sounds like bar 5, instead of bar 6.
     
    #5507     Jul 24, 2008
  8. V6/V5 = 0.589 = >40/<60 = possible flaw = hold, even though it is an IBGS bar.

    lj
     
    #5508     Jul 24, 2008
  9. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2005702>
     
    • bar6.gif
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    #5509     Jul 24, 2008
  10. Aurum

    Aurum

    The volume was just touching the "very fast" pace range - so I'd say it's not a flaw.

    -Au
     
    #5510     Jul 24, 2008