"It's simply an acceleration of the Gaussian slope." This is not unambigous. How is the slope measured: instantaneously? Over 3 bars? Over 3 gaussians? And, assumming that Peak Volume has some importance, don't you think it odd that this "journey" is now at 20 some odd months, and FIRST now it's sort of being defined. And, quite differently than at other points in the past (ie the equities journals)? You're quite right. I do have a problem with how you answer some questions. The answers are ambiguous. If your metric is that ANY answer you provide has to be understood and applied correctly by the asker, otherwise the asker is wrong; then you're right, it is my fault. You appear to jump into defense mode rather quickly. I wonder why that is. SPydertrader posted a list of people who have made money recently. One of them came right out and corrected him in public. I took the liberty to contact one other, which I found enlightening. I also have recently viewed a video with Spydertrader and Jack Hershey doing live market annoations from Jan 2007 (I believe). What was done on that video did not remotely appear to be as complicated as what has been going on here. Then again, Mr Hershey was simply making auditory observations about what he saw, several BARS after he saw them. I was hoping this was a fluke, as I was horrified by the whole thing. Folks, enjoy yourselves. It won't surprise me if this post is deleted. Something nefarious is going on. Promises were made and not kept. Questions are answered as cryptically as possible. Others offer to help disseminate the info in ways more suitable, and the help is turned down. Defensiveness sets in. These are all signs, to anyone with their eyes open, of something not quite right. Good bye.
LOL Earlier in the journals, traverse WERE tree level. This is exactly the sort of thing to which I refer in my last post. It's like many here are being led around in some sort of twilight zone.
Probably because every time someone's frustrations overwhelm their common sense, the market tosses out the "Sequence Repeat" Signal, and we have another 'Blame Spydertrader' Debate. I personally don't care either way, but on the off chance your rants could influence someone else into missing the whole enchildada, I find it important to point out the decisions people make as a lesson to others. Feel free to blame me all you like if you believe doing so will help you to achieve success. - Spydertrader
just go with the flow, out with the old, in with the new. It's not new per say as it is one of Jack's original term but it's the one you should work on.
And lest any of you wish to side with Spydertrader's view on blame, responsiblity, et al, and stick your head in the sand then stop reading now..... The attached chart shows an instance of increasing gaussian slope. Note that the increase did NOT indicate "peak" volume, as volume rose higher yet on the next bar, along with a decrease in price. Now, I am well aware that there are other ways to interpret this definition. And thus, making it clear, that the definition is AMBIGUOUS. or incorrect?
I'm outta here but before leaving would suggest that you find 3 consecutive bars with increasing volume (which is not what you've shown) and if you do, then see if the %slope increase of bar 3 - bar 2 is > the % slope increase of bar 2 - bar 1. That's what the unruly mob, with Tum's assistance, has come up with so far for peak volume. Then look at Romanus' post (and no I'm not going to find it) and have a read. HTH lj I luv JH/STM. I just freakin' luv it. Have a good weekend y'all. Edit: BTW, I am not guaranteeing anything but when you get to the post-Romanus point, you'll be better off than you are now. Now I'm gone.
Yes I agree you have, once again, either ignored or failed to comprehend such difficult concepts as Peak Volume also needs three bars to create acceleration of the Gaussians Slope. Once again, we should all blame Spydertrader for your inability to read and follow simple instructions and use two bars when I instructed the need to use three. Again, Blame: Spydertrader - Spydertrader
Just an observation. The signs you're are taking about are the signs of severe emotional reaction in response to perceived lack of progress. The temporary alternative reality created in your brain excludes all reason and logic right now. Re-read Spydertrader's advice on taking a break and stepping back. Blaming him is not cool.
Todays chart. The day of the many lateral movements. If learning this method was easy, it could/would not work in a mostly efficient market. That's per definition. I find that thought quite comforting. Another thing is also for sure. There is no one but yourself that can change the way you think. No teacher, no teaching method, no information, nothing. Becoming aware of my own mental filters has been (and is) a challenge for me. It's kind of hard to change something you're not even aware of doing. But trying to stop to 'A'nalyze and just 'M'onitor makes it much much easier. The filters mostly come disguised as 'why', 'because', 'therefore', 'must', 'should' etc. Maybe all that thinking is what gets in the way of mastering the 'M' of this method? The 'M' that is the prerequisite before moving on to the 'A' (aka 'thinking'). Have a great weekend .
Cue up the 'chart'. http://elitetrader.com/vb/showthread.php?s=&postid=1653587#post1653587 Deju Vu all over again.