Iterative Refinement

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

  1. Thank you VERY VERY much for restating this. I was about to ask what probably would appear to be another dumb question related to exactly this. I can't speak for anyone but myself, but I now realize about 99.99% of my "problem". It's that I don't believe that sequences "MUST" play out. I hadn't recognized this, as my disbelief has been supported by the data that my brain "chooses" to see. We can always find evidence to support what we want, and this is godaweful insideous. I may be on my way to doing 500 or 5000 charts, who knows:)
     
    #6781     Aug 13, 2008
  2. PA explained:)
     
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    #6782     Aug 13, 2008
  3. Yes. One of two provided by the Jokari Window.

    More accurately, the Jokari Window calls for continuation (in the opposite direction of the previous trend) as Price itself shows a decreasing P with Increasing V. In other words, the market has moved from dominant to non-dominant. (in this specific case, from a dominant traverse to a non-dominant traverse).

    - Spydertrader
     
    #6783     Aug 13, 2008
  4. I got a little bit confused with respect to those two bars you mentioned.
    If it's not too much trouble, could you post, whenever it's convenient for you, blank not annotated picture between 13:35 and 14:40 of what bars look like you were referring to.

    Thank you.
     
    #6784     Aug 13, 2008
  5. I apologize for removing the question that Spydertrader answered above. I got confused and did not want to litter the thread with my stupid questions. Sorry again.

    Here's the picture Spydertrader was referring to when he answered the question I removed:

    The 14:05 [close of] bar in the attached picture is Jokari Window change signal. Is that correct?
     
    #6785     Aug 13, 2008
  6. Never a problem. I can toggle on and off (hide temporarily) my annotations. See attached - bars under consideration highlighted for educational purposes only.

    - Spydertrader

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2028163>
     
    #6786     Aug 13, 2008
  7. Thank you. Again apology for disappearing post and picture you responded to previously.
     
    #6787     Aug 13, 2008
  8. Two more for you. 14:40 has the market showing what we know as Peak Volume, yet the market continues higher 3 bars later (15:00). How can this be? Did Spydertrader provide an ambiguous or incorrect defintition for Peak Volume? Perhaps, the answer resides in how one monitors the market.

    - Spydertrader
     
    #6788     Aug 13, 2008
  9. :D This one's too easy. pt1 to pt2, no pt3 yet - no permission to seek change signal.:D
     
    #6789     Aug 13, 2008
  10. Looks like you just answered both questions now didn't you. :D

    - Spydertrader

    Edit: The above refers also to the question about which you requested a blank chart.
     
    #6790     Aug 13, 2008