Iterative Refinement

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

  1. forty6n2

    forty6n2

    Revised chart
    this time no R2R in an up channel :)
     
    #9781     Dec 3, 2008
  2. Nope. Yesterday @ 14:30.

    Again, no.

    (All times Eastern and [close of] ES Bars)

    - Spydertrader
     
    #9782     Dec 3, 2008
  3. The dotted red TL's represented my initial annotations that I redrew. Once you confirmed Tictrade's Gaussians were correct that rendered mine incorrect and the B2B actually occurred from 10:05 to 11:00 and a Pt3 at 11:15; and not as I initially annotated a B2B at 10:05 to 11:20 with a Pt3 at 11:50 thus the dotted red lines :).

    These are the type of mistakes I am really trying to eliminate. I would say that they represent the last obstacle to me going live, but history has taught me better :D. They would however make determining the right side of the market infinitely easier. :p
     
    #9783     Dec 3, 2008
  4. Better. But you still need to fix the Gaussians in the Up Traverse (Blue Trend Lines). You've jumped fractals within it. Remember, Gaussians mirrir what builds the thing which describes the trading resolution level. If a trader plans to jump fractals, then the gaussians must mirrir this fractal jump (see my chart from yesterday, and note the various 'levels' of Gaussians.

    - HTH.

    - Spydertrader
     
    #9784     Dec 3, 2008
  5. thanks
     
    #9785     Dec 3, 2008
  6. forty6n2

    forty6n2

    Will do.
    Thank you for the feed back.
    Mike
     
    #9786     Dec 3, 2008
  7. I may have inadvertantly clicked on the wrong chart when responding to your post. For clarification purposes, a Point Two of a Traverse develops at 11:20, and a Point Three of a Traverse arrives later - at 11:55. I apologize for any confusion caused by my error.

    HTH.

    (All times Eastern and [close of] ES Bars.)

    - Spydertrader
     
    #9787     Dec 3, 2008
  8. :D :D :D
     
    #9788     Dec 3, 2008
  9. 1. The morning Gaussians don't have the trough of the B2B in the correct location. The B2B ends correctly.

    2. The market has not signaled a down channel as indicated by your chart.

    3. The market has not yet reached an up Traverse currently.

    4. No 'lateral traverse' exists today.

    5. To fix these issues, begin by not drawing a single lateral, and beginning to learn why you have annotated one way in the mroning, but a different way in the afternoon.

    HTH.

    - Spydertrader
     
    #9789     Dec 3, 2008
  10. Sorry, I removed it - something didn't feel right. Here's the removed chart attached, so that your comments make sense to those who read it.
     
    #9790     Dec 3, 2008