Iterative Refinement

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

  1. This bar is change because we need "more increasing black volume (in this case) to confirm a BO of a lateral.
     
    #5831     Jul 29, 2008
  2. One example creates a Lateral. The other doesn't. See guavaman's answer. If you do not see a difference in context between a lateral BO which fails to provide more increasing volume, and thus, creates a signal for change, and an example which has no lateral, then I really do not know what else to say, except to suggest again that you have missed a critical component of monitoring.

    - Spydertrader
     
    #5832     Jul 29, 2008
  3. dkm

    dkm

    Yes I see it clearly now. I think I have been staring at charts for too long.........
     
    #5833     Jul 29, 2008
  4. How is this a lateral formation (based on dkm's chart)? The second bar goes higher than the high of the first bar of the labled lateral formation.


     
    #5834     Jul 29, 2008
  5. Does the current market condition look familiar?

    - Spydertrader
     
    #5835     Jul 29, 2008
  6. Lateral Movement. I apologize for the typo.

    - Spydertrader
     
    #5836     Jul 29, 2008
  7. No problem :)

     
    #5837     Jul 29, 2008
  8. dkm

    dkm

    Yes
     
    #5838     Jul 29, 2008
  9. Good. Now. Look to see if you can locate any differences between today, and with what you believe is the same.

    Otherwise, you'll be posting next about why this example (today) didn't result in the same outcome in a few minutes.

    Hint: Compare the BreakOut Bars to see what differences exist.

    - Spydertrader
     
    #5839     Jul 29, 2008
  10. Jander

    Jander

    Feeling pretty lost today :confused:

    Chart w/ errors left in tact
     
    #5840     Jul 29, 2008