Iterative Refinement

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

  1. bi9foot

    bi9foot

    Is the 1120 (highlighted with arrow) bar dominant black? It is the first bar out of a lateral but increasing black after the break of RTL.

    <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=2149191">
     
    #8761     Oct 28, 2008
  2. Aside from the fact that 1145 is OB (which is not how I have observed sequence completion 'normally' take place) I don't see anything to suggest in real time, that 1130 isn't a pt3.

    I am unable to see any clues in that drawing that says anything other than :"The market proved you wrong, it was not a pt3 "

    If I was able to find an answer on my own - I would obviously not be posting a question.

    I am unable to find any clues on the chart which would suggest prior to 1150 that pt3 is not where I thought it would be.
     
    #8762     Oct 28, 2008
  3. This is not the question you asked in your initial post.

    This is not the question Avi_8 asked of you, nor does it provide an answer to the question asked by Avi_8

    You've now asked two different questions. You received an answer to the first question. Did you not understand the answer? Did you intend to ask a different question than the one you posted?

    Someone provided an answer. You appear to be acting as of you didn't receive an answer to your question. Perhaps, you could review your two posts on the subject, and clarify what exactly is your question, and why you feel Avi_8's answer doesn't provide the answer required of the posted question.

    Again, this represents a different question than your original post.

    - Spydertrader
     
    #8763     Oct 28, 2008
  4. Ezzy

    Ezzy

    Interesting question. It should confirm the RTL BO. We did continue up so I'd say yes.

    Looking at the 11:30 bar, it closed outside the lateral, then the 11:35 closed up on increasing volume. So isn't that a return to dominance?

    Regarding the 11:45 spiki-ness, aren't spike bars typically change? So they would they always be non-dominant? I figured it was non-dom based on the close back inside the previous bar.

    - EZ
     
    #8764     Oct 28, 2008
  5. charts

    charts

    ... pennant BO :)
     
    #8765     Oct 28, 2008
  6. Apologies for not stating the question precisely. The question to which I am unable to find an answer after debrief is this:
    (a) "How can one know that 1145 bar (the last bar in the attached) does not complete the sequence required for Traverse and does not provide a signal for change on Traverse Level, but instead signals that the market arrived at the 'real' point 2"
    (b) " How can one know that 1110 IBGS on increasing black volume is a non-dominant bar as a part of non-dominant section of B\/B, specifically the B\, which extends from 1100 to 1130"

    No, I did not. I did not understand the answer, I don't see any answers in that response - and if I did not know any better I would've liked to propose the show of hands of those who did. That should reassure me that it's just me who does not get it for whatever reasons that may be, and everybody else is pretty much arrived at clarity after seeing that pic.
    Apologies, as I should have phrased the original question more precisely to avoid the confusion.
     
    #8766     Oct 28, 2008
  7. Gaussians corrected based on how the market turned out after 11:45
     
    #8767     Oct 28, 2008
  8. Ezzy

    Ezzy

    The 11:10 closed back inside the previous bar making it non-dom.
     
    #8768     Oct 28, 2008
  9. You posted a question followed by an attempt to answer your own question - a 'guess' at the answer if you will. The very next post (contributed by Avi_8) suggested an alternative answer to your 'guess' and asked a question.

    I encourage you to review again your own post, and then, reread the post following yours. Consider the first sentence, and after doing so, answer the question asked.

    See if you then still feel no answer exists.

    - Spydertrader
     
    #8769     Oct 28, 2008
  10. charts

    charts

    I see 2 fractals ... I drew 2 sets of gaussians ... your gaussians are in between ...
    on the faster fractal 1145 completes the up sequence ... then 1230 completes the down sequence ...

    same thing with the pre-flight differences ... on my fractal I found that I was right ... avi 8 found that he was right on his fractal ...

    “whether you like it or not” ... :) we're using different magnifying glasses ... :)
     
    #8770     Oct 28, 2008