Iterative Refinement

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

  1. Jander

    Jander

    Quick Quiz:

    What we have here so far today is :

    A. Tape
    B. Chubby Tape
    C. Traverse
     
    #6001     Jul 31, 2008
  2. Thanks Jander. Me too.
    ET posts do not handle 'in post' tables very well so I'll put the stuff in an Word.doc attachment. A couple of points before presenting the data are presented for your consideration.

    When one constructs a binary one does so by setting boundaries on the parameters being used in the binary. So something like: If A > B + x, then the 'answer' is either 0 or 1. What we are doing right now with peak volume is buiding a binary and as yet that task is incomplete. The same holds true for the V/Vy doublet. For the purposes of this discussion, I have set the increment to be 10 contracts for V and > 0.50 (2 ticks) for Vy. This is COMPLETELY arbitrary. The peak volume boundaries are not here defined so I will not use it in my analysis. I have some other thoughts on PeV but will leave that discussion for another time. IMO, the other 2 binaries (JW and Pennant BO/FBO)are well described and will be used.

    A note on JW. Jokari failures (JF) occur during retraces and flaws as has been presented previously. The way I understand this phenomenon is by viewing the 'failure' as an example of a situation where, instead of V leading P, P leads V. This is a HYPOTHESIS, as we say in the basic science biz - a 'working' hypothesis. If this notion has been presented somewhere in the bazillion posts re JHM, cool, I here reaffirm it. Einstein liked pictures (see Michio Kaku's book for a nice chat about this) and I do too. My picture is of price dragging volume through a retrace or a flaw and saying "This is where we are going whether you like it or not". As my wife says, "Deep." If you think about who's being yanked about by the smart$ in a retrace, "edgers" and some of the P/A crew spring to mind. In 'normal' Jokari circumstances, V leads P and that is what I look at primarily when examining triplet progression. As Spyder has said, JW indicates continuation or change and does not say what the affected bar is going to do. So with one exception (well at least for now anyway) I focus on what V is saying and don't worry about all the little things that the affected price bar might be or is doing.

    A final thought and then it's outside (where else) for a tiny puff [Don Juan's 'little smoke' and what the first settlers offered us, in small amounts, at special times, long, long ago - tobacco] and back to le table. While working as a 'wet bench' basic science researcher, I learned how to think critically from personal experience and from the thoughts of my doctoral mentor, Winslow Spaulding Caughey. "Are you sure?" he used to say and what that came to mean to me, is that as a scientist I must be willing to dump what I thought was right and find out what is really right, with respect to the solution of the problem at hand. Otherwise one is really constructing a house of cards on shifting sands. Who wants to do that? Not me. The ego is there to be destroyed and rebuilt and so as 'Action Jackson' might say, "Let's roll".

    lj
     
    #6002     Jul 31, 2008
  3. In hindsight, at 9:55 AM, D. Channel (heh, heh). But seriously the bar 4,5,6 triplet looks like a JW, [as did 2,3,4, but it 'failed']. Bar 6 is a symP. There's other stuff too but I'll go with, A. Tape and possible end of the first movement of the first traverse of the day.
    Ego destruction sequence has been activated.

    lj
     
    #6003     Jul 31, 2008
  4. i would love to have some information on the JH volume indicator if possible.

    i would like to try to correlate this indicator with my own stuff i coded and i therefore need to code it (on esignal). It is probably not very hard when you know how the volume gaussians are drawn and bar colors are obtained. Could anyone please share that with me?

    i mean this

    [​IMG]

    if anyone has code to share, or just a quick explaining of how it works, i would code it for esignal and give it out to anyone who needs it.
     
    #6004     Jul 31, 2008
  5. Such pretty colors on your chart :p
     
    #6005     Jul 31, 2008
  6. Tums

    Tums

    Check this past 2 month's posts... (they were explained, again.)
    or do a quick search on ET.
     
    #6006     Jul 31, 2008
  7. ES so far
     
    #6007     Jul 31, 2008
  8. Did we just get a change in pace on bars 75, 76, and 77, and then get peak volume on bar 78?

    Does a change in pace happen just before a peak volume bar?

    Is this what we are looking for?

    In other words we must see a change in pace first , then peak volume follow?

    Then peak volume bar showed an IBGS on this bar 78.
     
    #6008     Jul 31, 2008
  9. Attached is the table mentioned in my earlier post from last PM. I am sure there are lots of mistakes but hopefully nothing which will give the thumbs up for a blunt instrument job. The purple shading on the price bars = the LM's. ? are just that. There are several bars that I'm not sure about but will let people find them and the ones I missed.

    If I might say, it really is easier to do this sort of thing while watching the ES in real time, in the sense of knowing quickly whether what you thought made sense, really did.

    lj

    "A little knowledge is a ... blah and blah."
     
    #6009     Jul 31, 2008
  10. tobbe

    tobbe

    ES :) .
     
    #6010     Jul 31, 2008