Iterative Refinement

Not a problem .....

First, you see it. Then, you see it faster. And finally, you learn to anticipate it.

- Spydertrader

 

Sorry, I never revised my revisions from when I thought you invalidated my initial annotations this a.m. . Hope these traverse level G's are more correct.

 

Maybe the chart would be helpful

 

Thanks, that helps put more pieces together. So the faster fractal traverse that started the day(12/3/08) is actually a pt 2 to pt 3 tape on a sequence 1 of the channel? One other question....do accelerated traverses only form on sequence 1 or can they recycle on sequence 3 which would then start another accelerated traverse that will widen out? Once again, Thank you

 

12/3 debrief. Unsure of where I was in sequences for most of the day in real time.

 

The market certainly concurs with this assessment.

You already know the answer here becuase you have already seen Answer B take place in the past.

- Spydertrader

 

I don't see where the IRV at 10:15 meets any of the three conditions where increasing volume in the non dom direction doesn't create a change in dominance.

1. Lateral or Pennant BO
2. Outside Bar or Spike bar
3. RTL BO of accelerated tape.

This confused me in this instance as it has in others. I know there is a caveat that we can see such increasing volume when we are in a larger channel in the non dom direction, but I am not certain this would apply here.

Any thoughts?

 

Faster fractal traverses perhaps.

 

Even though one may not have known where one stood with respect to the channel sequences, as long as one knows where they are with respect to the traverse level sequences, the market provides the opportunity to know when the time has come to shift sides of the market.

- Spydertrader

 

If this is so, than it met # 3.