ST, I saw what i thought was an odd harmonic (12:20/25 bars )but then next bar spiked up above the highs. What did you see and what would you do in this situation?
And on your chart .... <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1493907> The market does provide an example of a Sqaure Wave Odd Harmonics. The Market formed a flaw at the point (specifially, a Dip). Flaws generate an overriding signal cancelling out Harmonics (Remember, we hold through flaws). - Spydertrader
My midday effort so far. Anticipating FTT's FBO's is getting easier already, as is following the volume Gaussians. Now I just hope my comp doen't freeze up again - LOL...
I have attached as snip the 12:20 and 12:25. Both bars are inside of the 12:15 bar, are they still considered an Odd harmonic (if we ignore the fact that they form a Dip) I was under the understanding that the bars would have to stick out side of the prior bar (like a actual double top or bottom). I am trying to understand the nuances of the harmonics. <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1493940">
This is like saying, "If we ignore the fact that we just had an FTT, why did the market turn?" When Odd Harmonics are part of flaws, we take action (according to our resolution level) based on the flaw and Not the perceived Odd Harmonics example. - Spydertrader
I'm finding that when I use it correctly, the DOM adds a very unique level of comfort to a trade. When I'm at a gaussian trough, perhaps a potential PT3, and an 800 vs. 80 wall forms underneath the PT3, its very comforting getting an entry that almost negates the spread. Also makes a lot of washes a lot more obvious if an opposing wall forms.
Today's Es. Whew! Gaussians are inconsistent, I'll study them later. It's a result of reading the "Golden Post", where JH says every flaw, including hitches should be drawn in the gaussians. Still digesting the idea.
Ok, so no problems today with the program. Seemed pretty easy, hope I've got it right. Do my Gaussian lines look correct? TIA H