Spyder, These play-by-play charts are really helpful, especially to see the gaussian volume patterns develop. Thanks.
Spotted the FTT at the 10:30 bar, took the strong b2b prv at 10:55 as an indication of pt 3 on 10:50bar , went long 61.50 and ran straight into the FTT on the 10:55 bar. Low red prv on the 11:00 bar convinced me to hold (still inside channel), and then exited at the close of the 11:00 bar, 2 tics outside the RTL. -1.5 Waited for the pt 3 to short but it didn't appear.
I am struggling with the inside bars. I just don't grasp the gist of it. Why did you use the high as 1 but not the low? How did you determine that in real time? edit: never mind. I got it. It is amazing that the answer just pop right out when you have your question in writing. LOL. Also, how do you define the first R of the R2R?
Try to 'see' two different Gaussian formations at work here. One involves the Green Up Trend Channel as price 'retraces', then reverses at the Green RTL (\/- R2R) - a big picture view (blue arrows). The second Gaussian formation within this larger picture involves the red channel (circles and highlights). Since the red channel already has a 'Point Three' we look for continuation with increasing red volume and retraces with decreasing black. The red channel Gaussians exist within the bigger picture. Note the attached 'zoomed' view. Can you 'see' the market signals now? - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1369890>