I am having difficulty with B2R and R2R concept, here is my chart please feel free to make comments/suggestions. My charting software is Ensign.
Thanks, that helps. I think I've got it now. So in your example B2R, B2R..until R2R. R2R is the beginning of the down slant channel. If bold denotes increasing volume (the left side of the Gaussian) then the sequence of your 1st example would look like this: <b>B</B>2R , <b>B</B>2R, R2<b>R</B>, <B>R</B>2B. Is that correct?
It in general will look like: <b>B</B>2R2<b>B</B>2R2<b>B</B>2R2<b>R</B>2B2<b>R</B>2B2<b>R</B>2B2<b>R</B>2B In callmate's chart, it would be: <b>R</b>2B 2 <b>B</b>2R 2 <b>B</b>2R 2 <b>B</b>2R 2 <b>B</b>2R I just think of it like this... If BLACK volume bars are increasing, then the BLACK traverse looks to be the dominant one, and if the RED volume bars are decreasing, then the RED traverse looks to be a nondominant retrace (and vice versa). To quote Mak's great explanation: -Eric in Tucson
Thus a R2B means INCREASING RED VOLUME bars followed by DECREASING BLACK VOLUME BARS. A B2R is INCREASING BLACK VOLUME bars followed by DECREASING RED VOLUME bars. A LONG channel is a repeating sequential series of B2Rs whereas a SHORT channel is a repeating sequential series of R2Bs. The transition between a SHORT and LONG channel is immediately picked off by B2B where you have DECREASING BLACK VOLUME bars followed by INCREASING BLACK VOLUME bars or an R2R where you have DECREASING RED VOLUME bars followed by INCREASING RED VOLUME bars... ------------------------------------------------------------------------- I think I understand it now.
In an effort to avoid any confusion (and develop a uniform system for discussion purposes) when referring to Gaussians, we should add additional modifiers to our shorthand. For example, V - B2R /\ - B2R By using the above shorthand, one instantly sees decreasing Black Volume followed by increasing Red Volume in a V-B2R. In addition, /\-B2R signifies increasing Black Volume followed by Decreasing Red Volume. From now on, I plan to use the above shorthand to insure improved transference. Let me know if anybody finds this slightly altered Gaussian Shorthand confusing. - Spydertrader
______________________________________________ Aurum I understand what you are saying. The first page without the discussion that followed didn't mean much. I have seen comments sheet like these all over ET. Having made a conscious decision to learn the Hershey way the penny is beginning to drop. You will just have to show tolerance towards the "slow learners."
Let me know if anybody finds this slightly altered Gaussian Shorthand confusing. - Spydertrader [/B][/QUOTE] ----------------------------------------------------------------------------- Excellent, thanks.