i had the same problem with gaussians in the morning, figured bar #4 is dom any way you slice it - so b2b begins the day which then requires \r and/b for completion.
the market opened lower - the 1 st bar is red and assumed unknown for the reasons mentioned before; next bar is decr volume - both bars #1 and #2 are non-dom; so is bar #3; bar #4 is incr volume (not one of the three cases), so it's dom; can't see any other way except for b2b if one follows the convention of annotating gaussians according to their dominance. i must say this entire gaussian thing is really the key to the whole deal and my brain's refusal to figure out how to apply it correctly annoys the hell out of me
Hi Innersky and Romanus, This is just how I saw it. The day starts in a lateral. Bar 2-6 (on my chart) all close inside the first bar. Then it is broken to the downside. Red becomes dominant so you simply wait for a pt3 down to complete the sequence and you both missed that very important channel, the red one on my chart which then immediately breaks on increasing black filling the new upchannel. Anyway. maybe i am wrong and I've been away a while but that's just what I saw and the result was ok. regards, Ivo
Hey Ivo, thank you for you comments. I can't find anything wrong with your reasoning. However,.... your chart seems to be missing a crucial part of this methodology. The gaussians. I believe them little buggers to be of utmost importance for determining where one finds himself in the sequence. In the attached is an example of how (IMO) the faster fractal gaussians would have kept me from going long twice in a row unsuccessfully: 1505 eob and 1525 eob. If I had the brains to see it in real time. (I didn't split 1500 bar, but the result would have been the same if I did)
Hello, This chart was done after the market closed. I advanced bar by bar in Trade Navigator to draw my annotations. I had difficulties with the channels and gaussians. I also think that knowing ahead of time the market was down about 4% affected my anticipation of what must come next.
Yeah you are right but I had deleted my annotations already and then I saw your posts and quickly did them again (without guassians) just to make my point. Sorry. Wow, what a day yesterday. regards, Ivo