I notice that the bar before the green FTT also occurs before any Flaw or VE in the green Traverse. Perhaps it, too, is a Flaw. I'll attach an earlier snippet of Spydertrader's chart showing the entire green Traverse. P.S. Romanus, you're quick on the draw -- you posted a perfect example of my hypothetical scenario a mere 12 minutes after I posted it
I am more like a dog admiring a rainbow from afar: "Wow, I've seen it before!" And just like dogs couldn't tell you much about diffraction and interference - i can't tell you what the differences are between those two bars
Spydertrader, if you'd be so kind - could you tell whether or not the Gaussians are annotated correctly in the attached. Thank you.
Today on daily, by 15:45 bar, ES finished to fill the rth gap created on Sept 18 to Sept 19 of 60 points.
The annotations provided in your attached example do not accurately reflect the market. - Spydertrader
I don't know - for a while I've been nurturing a gnawing suspicion that there's more to gaussians than initially meets the eye. I think we're talking about being able to tell by the end of the bar. Period. Not the flaw type of philosophy - "may be, may be not, let's see the next bar PRV" And just like trendlines - they're either right or wrong.
Get out your pencil and paper... make a draft of the basic price and gaussian... one up leg and one down leg... and use that as your "guide" for real time.
and from page 1 of the closed future thread. http://www.elitetrader.com/vb/attachment.php?s=&postid=833448