[Spydertrader]

Originally Posted by sambrown »

Please let me know if I am on the right track.

How do you get to 'Point Two' of something that moves down?

How did YOU arrive at point Two?

Do you feel this is correct?


Now. The 'Points' of one container find themselves created by some 'thing' formed by a faster level container.

What is that thing?

Forget the chart for a moment.

Start at the 'fine' level.

Pull out some blank sheets of paper, and focus on drawing volume gaussians - without any charts around. Move from Point One to Point Two to Point Three and onto the completion of the order of events. Now, do the non-dominant container. Do the dominant container again.

What did you just build?

Three things built one larger thing.

Continue the process in a fractal fashion.

Go back to your charts and note where you need to polish.

HTH.

Spydertrader

[cjstrader5]

cnms2 thank you for the link and advise it will help me understand better. Spydertrader I was drawing the Gaussian after and not before the price reaction. I will study more than try another post to see if I am learning. Thanks to all

[sambrown]

Before going back to the chart, let me answer your questions.

Originally Posted by Spydertrader »

How do you get to 'Point Two' of something that moves down?
How did YOU arrive at point Two?
Spydertrader

Point 2 is at the peak/highest volume of R2R.

Originally Posted by Spydertrader »

Now. The 'Points' of one container find themselves created by some 'thing' formed by a faster level container.
What is that thing?

Points 1, 2 and 3 of a faster level container creates the slower level container.
For down move, faster level R2R2B2R is needed to create the slower level container.

[wind_]

Originally Posted by Spydertrader »

Your Medium level gaussians (I assume their are medium as I see no 'thick' level) do not accurately represent the market condition (from around 1:15 [on your chart] forward)

Thanks for your feedback, Spydertrader. Today the market invalidated my previous B2B traverse. It was a 2B traverse.

Attached is my view for today, Thursday 7 Oct 2010. Annotated 3 levels of containers and gaussians.

TIA for any feedback/comments.

[savarez]

Originally Posted by sambrown »

Before going back to the chart, let me answer your questions.
Point 2 is at the peak/highest volume of R2R.
.

Incorrect. The second R of the R2R will not necessarily be greater volume than the first, so p2 will not always be at the highest volume of the R2R. P2 is at the highest point reached by price (assuming long) before price leaves the R2R tape.

[sambrown]

Originally Posted by Spydertrader »

Forget the chart for a moment.
Start at the 'fine' level.
Pull out some blank sheets of paper, and focus on drawing volume gaussians - without any charts around. Move from Point One to Point Two to Point Three and onto the completion of the order of events. Now, do the non-dominant container. Do the dominant container again.

Here's my Gaussians drawing on the paper.
Please let me know if it's incorrect.
Thanks.

[savarez]

Originally Posted by sambrown »

Here's my Gaussians drawing on the paper.
Please let me know if it's incorrect.
Thanks.

Incorrect. see attached

[sambrown]

Originally Posted by savarez »

Incorrect. see attached

Thank you for the drawing. Now I know my initial understanding of Gaussians was wrong
I will have to review other people's charts over the weekend to learn to draw my charts correctly.