Iterative Refinement

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

  1. Jander

    Jander

    I was under the impression that we fan due to RTL breaks on decreasing volume. I do however remember some nuance about lateral BO that do not show more increasing volume on the following bar... cant remember specifics
     
    #6141     Aug 1, 2008
  2. On the other hand it looks like a Peak Volume prior to IBGS on decreased volume 1140 eob.:confused:
    To fan or not to fan, that's the question:D
     
    #6142     Aug 1, 2008
  3. Not always.
     
    #6143     Aug 1, 2008
  4. Jander

    Jander

    I would imagine that the red down bar on low volume cannot be the 1st bar in the 3bar peak volume sequence (up). I could be wrong.

    I had it pegged as jokari window change (11:40 bar), higher high on decreasing volume after increasing volume. Not sure though..
     
    #6144     Aug 1, 2008
  5. ehorn

    ehorn

    Actually, I now that I study this chart more I am thinking that down channel has not yet been completed! (i.e. more fanning to come...see chart)

    P.S. Just kicking around some dialog with you folks while my daughter sits next to me and drips her popsicle all over my shorts :D
     
    #6145     Aug 1, 2008
  6. I believe the logic here as follows:
    When 1140 eob IBGS is completed there's a clear and unambiguous signal from the market that tells you whether or not you can put pt1 on that bar. Something has to do with change on traverse level. Red color denotes the concept I don't have an understanding of.

    Edit: Be back in 2 hrs. Family obligations.
     
    #6146     Aug 1, 2008
  7. Jander

    Jander

    Yea, I had considered that we were in lateral ever since the 10:10 bar. Also approaching a CO RTL from yesterday that seemed too far away to come into play today.

    PS If anyone uses Skype and wants to chat about this anytime, hit me up.. handle: jander20 .. Broke $2 microphone so only text :D
     
    #6147     Aug 1, 2008
  8. ehorn

    ehorn

    So if we choose to go this route, what do we have?

    X traverses and Y channels (Solve for X and Y) :)
     
    #6148     Aug 1, 2008
  9. Jander

    Jander

    Im gonna go with

    6 Traverses : pink.blue.orange.green.orange.green

    1 channel : green

    1 IT channel : orange

    OR

    2 traverses : pink.purple(lateral)

    1 channel : orange

    fractals are frying my brain
    :D
     
    #6149     Aug 1, 2008
  10. ehorn

    ehorn

    After further review, I agree. As long as we can agree about the definition of trend :)

    Can we get an authority in here? :D
     
    #6150     Aug 1, 2008