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Iterative Refinement

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

Spydertrader
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#8201 Oct 4, 2008

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#8202 Oct 4, 2008

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Spydertrader
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Quote from jack hershey:

Here we see what happens after bar 7 an OB. The shadow of the OB is what the beginner is annotating.

In january of 2007 we spent the month and the month of february getting annotating down all in the context of the P, V relation. 60 days to get underway in the syllabus and with very hearvy moderation.

That year 1 million hits happenedin that thread. This year it is closed and has had another 500,000 hits and the Iterative refinement follow on has had over 800,000 hits so far this year.

Here we see two BO's and the shadow broken on the respective next bars. This gives tapes and they are steep. and the volume for all four bars is extrordinary. For a beginner he is witnessing a lot of action and he is in the market.

By the start of the shadow breakout of the last OB, the whole day jells for all levels of traders. Annotating the pt 1, 2, and 3, of the start of the day has occurred and not everything was squeeky clean. To see between the C's of the MODE column and the H's of the D column a set of remarks filled in that include pt 3 and then point 2 and THEN having the RTL and LTL drawn in is an accomplishment in boot camp day 1 by 10:15 or so completes an hour of 6 and 1/2 hours.

An expert is also feeling good and has several reversals under his belt as well. The last week of boot camp will have all the students trading as experts as well.

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#8203 Oct 4, 2008

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Spydertrader
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Quote from jack hershey:

Here is a catch up for others who are not feeling like boot camp for four weeks.

Your log is more complete. You may have YM charts annotated. you may be using the S/S >>>> to DOM >>>> to T &S >>>>> to the two tic charts and their sequences of five formations.

If you are running 50, 50, 50, 50 and 50. you have to punch in 100's five times after the intial 50, 50 ,50 50 and 50 as you zip past the open flag. All partials were odd harmonics on bar end spikes except the OB reversal going from L to S on bar 7. that was a smooth one on the YM tic chart using two pairs and carving. Bar 9 was more even harmonic and NOT seeing ANY range expansion to move the S of the day meant the partials were steady 15 second spaced going around the two pair tic chart on a combo of YM leading ES a little bitty bit. The dwel on the extremes was less thanon the other side of the two pair. Some you got some you didn't.

Use a #M micropore tape on your lips So that all three cavities in your nasal passage is swirling the breeses on your inhale. As you punch partials on exhales and inhales to space each one you can do a one sec breath hold at end of each inhale. This punches your heart beat down and lets the O - 2 filling in your lungs stay at peaking. I run under 55 beats ordinarily and I keep my waveform all the way to parasympathetic (all green no blue no red and ladder is off the top of the chart. I use ear ubs feed.
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#8204 Oct 4, 2008

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dkm
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Quote from Spydertrader:

In addition, we see another signal for change that we do use on this resolution level (a few bars later at 14:50), but the signal develops within a Lateral. Since we do not trade within Laterals without the use of (at least) medium level tools. This signal does not apply.
- Spydertrader
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I am a confused about this statement because our signal to reverse short at 11:15 also occurred within a lateral formation.

http://www.elitetrader.com/vb/attachment.php?s=&postid=2103559

#8205 Oct 4, 2008

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romanus
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Quote from Spydertrader:

Your current 'view' of the market as transitioning from increasing to decreasing to increasing again (in terms of Volume) doesn't provide the most accurate interpretation. Instead, monitor from the standpoint of dominant to non-dominant and back to dominant again.

Use the Gaussians as an 'indicator' of dominance in order to have them 'match' the trend lines. On many of my charts, the non-dominant portion of the Gaussians do not have the same color as the Volume bars tracked. In other words, the Gaussian lines track dominant vs non-dominant Price Movement, rather than Volume bar coloration. The subtle difference often sits where one finds the market 'mode'.

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Thank you very much. I have found the charts you posted in the past few months enormously helpful for these specific purposes.

#8206 Oct 4, 2008

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Spydertrader
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Quote from dkm:

I am a confused about this statement because our signal to reverse short at 11:15 also occurred within a lateral formation.

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Two different contexts.

Qute often (within the various Journals) this is the point in time where some have determined that I have presented confliciting information. I encourage you to determine why.

- Spydertrader

#8207 Oct 4, 2008

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Quote from jack hershey:

we have a little wait for the first VE. Here it is on bar 11.
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Quote from jack hershey:

Okay.

what is it like to have your four log sheets there and have a poinjt 1, 2, and 3 in ecen if you have spent an hour and not have a channel formed by traverses formed by tapes?

It is normal and you are doing 4 to 7 trades a day going from the beginning of one channel overlap to the next beginning of the channel overlap.

We have an M day as we are looking towards two am trades: long then short going into midday. first we bag the intial range expansion and then we make a trip across the range to what is called lunch.

It is a day when the troops are loading over 800billion into the helicopter for throwing out on Wall st, i. e. just like any other day.

So what comes between a point 3 and an FTT? More hikes up and down the mountain --- black up and red down. What else? If you have done a trade or two you know. Look on the remarks column from thrursday. Do you see a VE somewhere.

Volatility Expansion. is what it takes to get the am range for the day set up. when the daily am range is set up what do we usually do? Like everyone else we bag the range of the day. 1X ATR.

Each hike up is like a bear climbing across the Appilacians (sp) and he sings the song. At the top of black volume he is seeing a VE written in the remarks column of the log between a C in the MODE and an H in the D column.

All peaks are B2R or R2B depending on the range expansion going on for a day. M days are B2R and W days are R2B peaks.

After a few VE's we are ready for an FTT simply because we kbow in our hearts in is getting harder to make more elevation with all those contracts in out packs. If you are carrying 5 -- 50's and you have gone through four VE's your heart may be beating.

This is not like being a quant in an illiquid market made of securities you have invented. There is no reversion to the mean going on here.

So if you are having a lot of VE's how hard is it to get to the RTL we have from pts 1 and 3? If you have VE's, then what do non dom's look like with steep dom's popping along? Right you are getting used to internals on the non dom side of the am range expansion.

When you drive a car, there is just the driving and no excitement. Just a sequence of event that gets you from A to B.

Here is the deal. you trade simple. You do C in MODE and H in D columns. you are trucking down the road in boot camp on day one and you have a month of boot camp. Boot camp gets you to drive a car in the market by going through sequences to get from A to B in a 6 and 1/2 hour drive.

we have now driven past the first point 3 of boot camp and we are hungry little bears crossing the Appilacians with out packs of contracts on our backs. 1, 2 5
then 10 then 20 then 40 then 50 then 50's. We get EXPERIENCES and they turn short term memory into long term memory. everything gets familiar because we breath easy and we hike our tails off.

here is the first VE.
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#8208 Oct 4, 2008

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Spydertrader
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Quote from jack hershey:

here is some more VE on bars

See bars 11, 13, 14, 17, 18, 19. All are VE's
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#8209 Oct 4, 2008

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Quote from jack hershey:

I did a little tweeking on this:

chart 8 shows the blue channel. We see bars 20, 21 and 22 ending the channel.

a quarter of 81 bars has passed and sure enough we reverse and go short on a FTT where an odd harmonic is at play for those who are reversing using 5 -- 100 contract reversals in rapid succession.

The log notes the bar the time the number of contracts and we skip everything else until we copy the print at the end of the day that has the chip count.

We used the row to note X in MODE and R in column D. the remarks said FTT; it was the first of the day.

Roughly speaking we will as beginners reverse as we go to lunch later on a bar that is at the bottom of the chart and has a number in the 30's or 40's.

This is an M day.
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#8210 Oct 4, 2008

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