Iterative Refinement

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

  1. jbarnby

    jbarnby

    I agree, I think the FTT should be the last dominant bar.
     
    #6191     Aug 1, 2008
  2. And what signal for change do you see on that 10:25 or 10:30 ES [close of] Bar?

    - Spydertrader
     
    #6192     Aug 1, 2008
  3. Jander

    Jander

    Ok, however, what is our traverse level change signal here? An ftt, if Im not mistaken, needs to be either Jokari Window Change, Pennant FBO, or Peak Volume. Looks like jokari to me, price makes lower low on decreasing volume, turns into an OB. I am making some assumptions here and hope to be corrected if out of line.
     
    #6193     Aug 1, 2008
  4. jbarnby

    jbarnby

    IBGS
     
    #6194     Aug 1, 2008
  5. Review what the Jokari window says. Are you sure a signal for change exists? Again, on this fractal.

    - Spydertrader
     
    #6195     Aug 1, 2008
  6. Stick with the first until you are sure you have everything correct.

    - Spydertrader
     
    #6196     Aug 2, 2008
  7. jbarnby

    jbarnby

    OB...price made a higher high on DBV...price will continue down?
     
    #6197     Aug 2, 2008
  8. ehorn

    ehorn

    I observe 10:35 ET bar close at TL of existing traverse. 10:40 ET bar open outside the dom traverse and shows IBV (JW Change). Change signal on the traverse level
     
    #6198     Aug 2, 2008
  9. Jander

    Jander

    Ok.. Definite possibility of a fractal jump here. I assumed there was a signal for change, simply because price is no longer going down. The only other possibilty I can think of is that there is in fact no signal for change on traverse level, that a fan is in order. However, there does seem to be a clear ftt, and if not jokari, I dont see it matching the other 2 possibilities that have been discussed
     
    #6199     Aug 2, 2008
  10. jbarnby

    jbarnby

    hmmmm....the more I look at this chart it seems the market was telling us to keep fanning our traverse. Perhaps there was no signal for change today. Hold short all day? Or maybe I'm just suffering "tape-traverse exhaustion"!
     
    #6200     Aug 2, 2008