[Spydertrader]

[Spydertrader]

[Ezzy]

Originally Posted by Spydertrader »

Where one place the 'Point Two' of a 2 Bar tape depends on the slope of the RTL. Note the attached example.



In both of the above examples, we create an RTL, first by connecting the lows of the two bars. By 'cloning' the RTL, and then sliding this 'cloned' line upward until it touches a single line, we arrive at the correct location of our LTL (and of our 'tape' Point Two). While, quite often, the geometry of our trend lines might appear quite odd - compared to our mental 'image' of a tape, traverse or channel - the geometric configuration of our Gaussians remain consistant across each and every fractal.

HTH.

- Spydertrader

Thanks, that clears it up.

[SK0]

Originally Posted by Spydertrader »

In both of the above examples, we create an RTL, first by connecting the lows of the two bars. By 'cloning' the RTL, and then sliding this 'cloned' line upward until it touches a single line, we arrive at the correct location of our LTL (and of our 'tape' Point Two).

Spyder, are below pt 2's correct on both cases?

[SK0]

Originally Posted by Spydertrader »

The gaussian is B2B 2R 2B.

Could it be B2B 2R 2R for breaking out to the downside?

[Ezzy]

Originally Posted by SK0 »

The gaussian is B2B 2R 2B.

Could it be B2B 2R 2R for breaking out to the downside?

The sequence is B2B, 2R, 2B. Going pt1-pt2, pt2-pt3, pt3-into the trend. That is a completed sequence (though it can keep going longer: B2B, 2R, 2B, 2R, 2B). After the sequence is complete, only then can you go R2R, 2B, 2R. If you see B2B, 2R, 2R then you're most likely mixing the fractals.

Originally Posted by SK0 »

Spyder, are below pt 2's correct on both cases?

I know this was directed to Spyder, but since I'm at it: Yes.

[dkm]

Originally Posted by Ezzy »

....... then you're most likely mixing the fractals.

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".....

[nkhoi]

if it was a 'tape' then it was a traverse-size tape.