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dkm
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Everything posted by dkm
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Do you mean signals provided by the Gaussian sequences or the the volume bars themselves?
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I may be wrong but I think the idea here is to consider tapes, traverses and channels as the ONLY fractals. By keeping to only 3 fractals we can hopefully avoid the confusion that came from the concept of "dropping a fractal". On 07/21, we begin with a 2 bar tape from 0935 to 0940. The 0945 stitch bar ve's the tape with irv and allows us to fan the initial tape to the high of 0945 and clone the new rtl to the low of 0945. The next 3 bars all close inside our tape. We then get the OB at 1005 and we draw a new tape to the OB, giving us a steeper tape rtl. Until we get a close outside our tape rtl we have to consider all of this price movement since 0935 as "one tape" moving from p1 to p2 of our traverse. The 10:20 bar closes outside our tape and begins our new tape to the traverse p3. If any of this is incorrect I am hoping that spyder will clarify.
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Just realised. I didn't accelerate the magenta traverse because there was no VE. I think I am correct in saying that there needs to be a VE in order to accelerate a traverse.
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Yes, an accelerated traverse is probably the correct thing to do but for some inexplicable reason I didn't do it. That may have an impact upon the position of the blue p2 since the high of the 14:50 bar would be outside the rtl of the accelerated magenta traverse. The 14:35 bar would subsequently become a fanned blue traverse p3.
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This is an attempt to differentiate tapes and traverses. A tape begins as a 2 or 3 bar element with a LTL and a RTL. The tape RTL might steepen due to a close outside the tape LTL on increasing volume. A tape RTL may also require fanning to become shallower. In all cases a tape will continue as each new bar is formed until price closes outside the tape RTL. A traverse must have a minimum of 3 tapes, forming p1 to p2, p2 to p3, and p3 to p1 of the next traverse. A traverse will include a full gaussian cycle of b2b2r2b or r2r2b2r. Any trend containing less than a full gaussian cycle cannot be a traverse and therefore must be a tape. The gaussians must match the trendlines. Traverses overlap at point 1 only. Gaussian annotations on attached chart for traverses only.
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So, “our gaussians must match our trend lines” and “our gaussians always tell us what has been created”. Our trend lines come from correctly drawn tapes, traverses and channels so clearly, the trendlines have to be drawn first in order that the gaussians can be drawn to match the trendlines. For the gaussians to tell us what has been created, am I correct in assuming that we use the volume sequences b2b2r2b or r2r2b2r?
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:confused: :confused:
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We are told that the gaussians MUST match our tapes. If the price pane is blanked out, how can we possibly know that our gaussians are correct? With no reference to price, the attached examples would seem legitimate alternatives.
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Ah, the old "fractal" problem. So far, we have been told that our "fractals" are tapes, traverses or channels. My understanding is that each "fractal" has its own "volume sequence" and that the "gaussians must match the tapes".I came unstuck when I was reliably informed that the period from 11:05 to 13:05 on the attached chart was "just a tape".....
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It doesn't matter how many times you post this statement. Unless you are going to explain what you mean, and answer the questions directly to those who are taking the time to post, this thread is going to go the same way that the journals did on ET. Nowhere.
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So how do we define them then? Dominant and non-dominant?
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An example or two would help a lot of people.
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Using the definition that bars 2 and 3 must be inside bar 1 to form a lateral and that a lateral requires 2 closes outside of it to end the lateral, then I only see six laterals on the 10th July. I guess it could be data differences.......... I presume by "two groups" you mean continuation or change?
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Still looking forward to seeing the answers for the first drill........
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Attempt at lat differentiation: 1st lat, starting 09:50, begins with dominant black volume, but this changes to dominant short volume on the OB bar at 10:05. Lat ends with bo short. 2nd lat, starting 12:00, begins with dominant red volume, which changes to dominant long volume at 12:15 but this is followed by a change to dominant short volume at 12:30 (still inside the lat) and a further change to dominant long volume at 12:55. Lat ends with bo long. 3rd lat, starting 15:15, begins with dominant red volume and there is no dominant change within the lat. Lat ends with bo short.
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see attached chart for differences on OB's and stitches. I don't see anything conclusive that differentiates the lats.
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How do you handle these variations of E and F?
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Tapes for the whole day
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For clarification, there appear to be discrepancies in your example tapes compared with the template posted earlier: tape to bar 6: the template (F) shows a horizontal dotted red line to an FBP tape to bar 7: bar 7 is an outside bar and the template (D) shows diverging lines tape to bar 12: bar 12 is sym pennant and the template (G)shows converging lines Applying the template as provided gives tapes as shown on the attached clip. Could you please explain why you drew tapes that are different to as shown on the template. Thanks.