Iterative Refinement

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

  1. Note the last two stalls here: http://www.elitetrader.com/vb/attachment.php?s=&postid=1447728

    one of them is IBGS on increasing volume
     
    #7211     Aug 26, 2008
  2. Here's another stall for you, also IBGS on increasing volume: http://www.elitetrader.com/vb/attachment.php?s=&postid=1450271
     
    #7212     Aug 26, 2008
  3. #7213     Aug 26, 2008
  4. 11:25 [close of] ES is on VE => YM shows continuation down
     
    #7214     Aug 26, 2008
  5. Thanks for the examples, romanus. I'll review them to see what subtle contextual clues could keep me from reversing on such bars.

    I'm at work today so I only saw the 11:25 and 11:30 bars in hindsight. There are times when I'm monitoring real time and I just "know" that this isn't the end of the Traverse, even though I see what appears to be a change signal. Other times I am probably too rigid and I say to myself, "but that's an IBGS on IRV after P3. It must be a change signal." I think that sometimes I see the full context at a subconscious level but my conscious mind gets hung up on one or two data elements. I anticipate that more screen time will help to get my conscious mind into harmony with my subconscious mind...:)
     
    #7215     Aug 26, 2008
  6. #7216     Aug 26, 2008
  7. FBP :)
     
    #7217     Aug 26, 2008
  8. :confused: If somebody who knows is watching - do we have a down channel (dom traverse, non-dom traverse, dom traverse)?
     
    #7218     Aug 26, 2008
  9. You are watching, and you already know the answer. :D

    - Spydertrader
     
    #7219     Aug 26, 2008
  10. I think he meant for you to post one of your hindsight charts to clear up his confusion. :p

    Seriously, cut the guy some slack. He's been hanging on your every word for months now following your advice to not move beyond "M" until he's mastered that, whatever that means.
     
    #7220     Aug 26, 2008