Iterative Refinement

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

  1. Avi 8

    Avi 8

    I think I have never seen a properly annotated chart.

    But I do see many questions and verbose inane commentary.

    Perhaps answers are provided everyday, and without verbosity, on a properly annotated chart?
     
    #6962     Aug 19, 2008
  2. :D About a few hundred annotated charts away from where one should be, give or take a few.

    EDIT: Speaking for myself only:)
     
    #6963     Aug 19, 2008
  3. nkhoi

    nkhoi

    it's trv #2
     
    #6964     Aug 19, 2008
  4. nice I am on the Right side......:D
     
    #6965     Aug 19, 2008
  5. #2 is obviously a TAPE, NOT a traverse. If it was a traverse, the whole thing would make sense. A traverse needs three pieces, whereas your #2 is but a single piece.
     
    #6966     Aug 19, 2008
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    #6967     Aug 19, 2008
  7. nkhoi

    nkhoi

    yes, make perfect sense unless the big guy say otherwise.:)
     
    #6968     Aug 19, 2008
  8. Nice but time to take profits...:D
     
    #6969     Aug 19, 2008
  9. So does anyone CONFIDENTLY KNOW how to read the snippet in my last post. Is the gray a traverse? It seems like it has to be, based on the recent and specific description of what makes a traverse. If so, then does the formation of the purple negate the gray as a traverse? DOes it "convert" the traverse to a full fledged channel?

    ONe has to KNOW this beyond a shadow of a doubt in order to know WMCN in terms of sequences.

    The best I can come up with is that the gray IS a non-dom traverse following the up traverse which consisted of the entire prior portion of the day. If this is so, then I can't get my head wrapped around what to do with a traverse which forms INSIDE another traverse in the same direction. Clearly this is (at least in part) where I'm getting messed up with understanding what fractal I'm on.

    EDIT: let me say this a different way. Some have spoke of "tape fractal" versus "traverse fractal". This is NOT a valid way to describe these phenomena. A tape that makes up a simple traverse is NOT on the same fractal level as the turquoise tape in my chart snippet... unless the gray is a traverse afterall. And if that's the case, then I'm lost as to how to correctly filter signals for change on very wide traverses. Which, according the the examples I've studied do look very different in this respect.
     
    #6970     Aug 19, 2008