Iterative Refinement

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

  1. ehorn

    ehorn

    I observe internal (1535-1540) followed by another internal (1545-1550), if I treat each of these 2-bar internals as one bar (1 for each internal), I do not observe a change in dominance. Also, I do not observe a tape break.

    Faster fractal traverse... surely... 5M ES traverse... hmmm....
     
    #9161     Nov 14, 2008
  2. charts

    charts

    ... 1510 seems to be a non-dominance change bar ... 1505 non-dom up ... 1510 non-dom down ... a non-dom change, hence a dom change too ...
    ... but, at the latest, an RTL BO w/ increasing volume is a clear signal to take :)
     
    #9162     Nov 14, 2008
  3. yeah, but....what does the 1545 bar tell you?...imo faster fractal traverse doesn't start until 1555 bar.

    By the way, I am in no way positive I am correct.....good for pre flight though :)
     
    #9163     Nov 14, 2008
  4. ehorn

    ehorn

    HOLD :D

    What does it tell you?
     
    #9164     Nov 14, 2008
  5. ok, I'll play along....where are you shorting?..close of 1510 bar?(don't think so).....close of 1515 bar(aggressive but not unreasonable)...close of 1520(most probable given advanced beginner level).....6 points of heat though...
     
    #9165     Nov 14, 2008
  6. tells me to look for traverse pt 3. :p
     
    #9166     Nov 14, 2008
  7. ehorn

    ehorn

    My observation and a few questions attached :)
     
    #9167     Nov 14, 2008
  8. charts

    charts

    ... in CW methods you tend to see a signal then wait for some confirmation before entering; this leads to late entries
    ... in Jack's and Spydertrader's methods you react to a signal to stay on the right side of the market; then look for confirmation; sometimes you get an WWT (but you can get it in CW too)

    ... once the 1-2-3 completes, you enter on the first change signal, which sometimes is the same bar :)

    ... today the last up traverse was completed at 1500 (in my opinion)
     
    #9168     Nov 14, 2008
  9. Sixty total Stocks as of this evening. All symbols meet all initial culling requirements.

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2177925>

    Since switching to the automated culling process described in the Software Thread, the criteria used require all equities maintain a Price Point between $10.00 USD and $50.00 USD. As a result, the Final Universe automatically preforms the add / delete function each evening when the software initiates its automated EOD Update.

    - Spydertrader
     
    #9169     Nov 14, 2008
  10. Well, it looks like trade navigator is set up great. That is some nice work you have done.
     
    #9170     Nov 14, 2008