Iterative Refinement

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

  1. Thanks Spyder... :)
     
    #6751     Aug 12, 2008
  2. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2026863>
     
    #6752     Aug 12, 2008
  3. tobbe

    tobbe

    Chart for today. Now I'll go figure why some of Spyders laterals are different from mine :p . Thanks for posting.
     
    #6753     Aug 12, 2008
  4. With respect to my question:
    Would I be moving in the right direction if I tried to evaluate the bars before 11:05 FTT and 13:05 FTT (both eob) in terms of dominos (sequences) and "what must come next"?

    Thank you.
     
    #6754     Aug 12, 2008
  5. Start with the ES 11:00 AM [close of] Bar and the ES 13:00 PM [close of] bar.

    - Spydertrader
     
    #6755     Aug 12, 2008
  6. ES U8 Daily Chart August 12 2008
     
    #6756     Aug 12, 2008
  7. Tums

    Tums

    Someone on another thread was saying he's getting clobbered in these stocks. I took a look at the charts, and I thought these would make very good gaussian exercises.

    Have fun.
     
    #6757     Aug 12, 2008
  8. Tums

    Tums

    one more exercises...
     
    #6758     Aug 12, 2008
  9. This is a remarkable viewpoint. If I had the same, I guess I'd have to stop trading. I cannot determine change or continuation on every 5 minute bar. Sometimes it's "I don't know," which is fine by me because some days I put on a trade in the AM and walk away until midday.

    In my opinion, execution IS trading. Aside from a couple of lines, everything else is pretty much fluff. Not totally useless, but their purpose is to get you to push the button. After you push it, do you REALLY know what the market will do? Let's get real here.

    What do 5 minute bars show anyway? Do you believe the market must conform to your or anyone else's idea of what each and every 5 minute bar should do? If you do, you are taking yourself on a very long sidetrip.
     
    #6759     Aug 12, 2008
  10. Thanks, Tums. Here's my attempt at POT:
     
    #6760     Aug 12, 2008