Iterative Refinement

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

  1. The Journal knows :cool:
     
    #7201     Aug 26, 2008
  2. capcom

    capcom

    So much for conversation!
     
    #7202     Aug 26, 2008
  3. He may be talking about peak Volume, or Jokari Window Change or Formation/Pennant FBO, for example.
     
    #7203     Aug 26, 2008
  4. What was I thinking, the considerate thing to do would be to have distilled 17 months of intense study into a succinct and comprehensive list that incorporated every possible contextual consideration used to judge a traverse level signal of change.

    Maybe next time :p
     
    #7204     Aug 26, 2008
  5. so far
     
    #7205     Aug 26, 2008
  6. sscott

    sscott

    Is your 1755 FTP a FBP?
     
    #7206     Aug 26, 2008
  7. Now why, WHY every day can't be as clear and unambiguous as today, when the market speaks so loud even the blind can see.:D
     
    #7207     Aug 26, 2008
  8. I think we just finally got a change signal in a down traverse two bars back - 19:45 [close of] IBGS.
     
    #7208     Aug 26, 2008
  9. On TIKITRADER's chart, I see a Traverse-level change signal on August 20. This bar was an IBGS on IRV, after completion of Points 1, 2, and 3 down. We've recently been taught to view such bars as having increasing black Volume for Jokari Window analysis, so we should be anticipating continuation up after August 20. This is what we got for 2 days, but the Traverse did not end. I will have to study it further to see if there's another way to annotate which would not give a Traverse-level change signal on 8/20.
     
    #7209     Aug 26, 2008
  10. For me, everything is clear and unambiguous until 11:30 EST. At 11:30, I see an IBGS on IRV (after P3 down), and I run into the same issue I had on TIKITRADER's daily chart. This bar looks like a Traverse-level change signal (TLCS), but the market continues down. I need to figure out how to avoid seeing these bars as TLCS's.

    Edit: the 11:25 bar also appears to give a Jokari Window TLCS. Price moves down on DRV and doesn't close in LM.
     
    #7210     Aug 26, 2008