Iterative Refinement

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

  1. ehorn

    ehorn

    My view of the day...

    I am still trying to grasp the "traverse becomes a channel" concept, but I have to guess that is what occurred this afternoon. If this is the case, then perhaps we should be looking for a down channel sequence come Monday. Also, still trying to work out the fractal jumping.

    Any comments / thoughts are always appreciated.

    Time for debrief.
     
    #9921     Dec 5, 2008
  2. My work for today.
     
    #9922     Dec 5, 2008
  3. Assuming 1315 to 1345 was a lateral traverse, it actually makes sense - blue channel consisting of green accelerating traverse, lateral traverse, and purple 2nd dominant traverse(containing accel aqua traverse).
     
    #9923     Dec 5, 2008
  4. ehorn,

    I'm thinking the same thing. It looks to me that the 14:50 to 15:25 time frame is a faster fractal traverse(tape 2 to 3 of a sequence 1 channel)... If that is correct then my PFC for Monday has price in a sequence 3 tape 1 moving from 2 to 3 within that sequence 3 tape 1 which will then have a sequence 2 and a sequence 3 tape that will lead to a channel pt 2....:D

    here's today...
     
    #9924     Dec 5, 2008
  5. Retraction - in the absence of the actual traverse (no opposing non-dominant tape) 1215 obviously can't be SfC.

    I have attempted to illustrate my though process (specifically, the fanning of the tape) in the attached. It leads to conclusion that no opposing non-dom tape exist until 1240 and the actual traverse (accelerated) begins to take shape after 1300.

    It's pretty obvious to me by now that unless one is unconsciously competent in drawing the tapes, moving to other aspects of 'M' is rather ridiculous.
     
    #9925     Dec 5, 2008
  6. Would this be wrong?

    I added some additional tapes at the end to come up with a down and up traverse.
     
    #9926     Dec 5, 2008
  7. TN went south in the PM
     
    #9927     Dec 5, 2008
  8. gooch87

    gooch87

    Hi ehorn,
    late to the drill but here it is anyway
    gooch87
     
    #9928     Dec 5, 2008
  9. Yes, I think it would be wrong.
     
    #9929     Dec 5, 2008
  10. ehorn

    ehorn

    Yep, I was lookin' in that area too :)

    I am guessing I missed some other signal which indicated "we ain't finished yet", but the FBO's provided a decent backstop for wash or reversal.

    EDIT: How about the possibility that 13:50 was PA, suggesting we need another trip back down the red mountain and back up the black one again? :)

    All times Eastern and [close-of] bar.
     
    #9930     Dec 5, 2008