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Hey Romanus, LostTrader is providing you excellent advice here and your response shows exactly why he brought the gaussians to your attention. By not properly focusing on gaussians your efforts to look for FTTs and other potential channels is handicapped. Proper gaussian analysis confirms...

In an effort to improve or reinforce my MADA during lateral movement, I thought I would post my MADA and a chart snippet showing an area of lateral movement from last Thursday (4/24). I find I am unsure of the analysis/decision portion of my MADA when it comes to overriding signs of change...

Excellent advice from Ivo, I would just add for clarification that while you need increasing volume to confirm you have a Pt3, the increasing volume will not always come on the bar that forms the Pt3. Simply pointing this out b/c in the past people have misinterpreted the above statement as a...

cunparis, The links that callmate provided you are one of the rare exceptions where you would be benefited by going ahead and reading and learning Spyder's posts on identifying flaws and laterals. The caveat here is to remember you are only looking ahead to improve the monitoring phase of...

I figured that was the case just wanted to make sure. Great walkthrough tonight.

I'm a little unclear on something. Is an outside bar one that has both a higher high and lower low than the previous bar (which is what my ym 12:28 bar shows)? In a post to Littlemac recently it was defined as a bar with having a higher high and higher low.

So we have a dip and are looking for increasing red to continue down move, yes?

I'm gonna say a spike odd harmonic.

Hey Littlemac, I'll provide some of my thoughts on the confusion you're experiencing, take what you can use. There is no doubt that getting the gaussians and channels to match up for equities is not always as clear as it is with the ES. Don't beat yourself up, if you can't make them work...

Littemac, Here is my FMCN chart for comparison. I'm looking at FMCN as a long according to my gaussians. It looks to me like we had a FBO of the purple down channel on thurs. followed by a retrace of the dominant blue upchannel on Friday. Today's price movement an PRV levels...

Thanks for the links. I'll study them and see if I can get a better grasp on recognizing flaws in retraces as a sign of change for the dominant traverse. -A

Hey Padawan, Thanks for the input. Just to clarify, my last post is no longer directly relating to the chart I posted. I'm pretty sure I understand the reason why those pennants never materialized into flaws. Part of the post was to get confirmation I'm understanding correctly why they...

Thanks for both your responses. I have to admit though, I'm still somewhat confused about when I can recognize a flaw in a retrace as a clue that the dominant trend has changed. Is it only dips, hitchs and stalls that provide this clue? Therefore, price must exit in the same direction it...

Spyder, I was hoping you could clarify something regarding this same time period in the ES. My confusion is in regard to the two FBPs I have annotated in the attached chart. It appeared to me that these were flaws occuring in the downward retrace. Therefore, I figured the down channel...

Hey LittleMac, I've taken a small position in TRCR ($10.25) due to Unusual Volume, BO of downchannel and anticipated BO of lateral. I will buy more if buy volume continues to come in at FRV levels. Chart attached. -A

Hey LittleMac, I'm pretty sure your daily chart is also missing today's bar. I have attached my chart for comparison. -A

I've been experiencing delays in my data from Qcharts lately. At times I'll see the last trade change in my MB Trading screen and then have to wait 30 seconds or even over a minute sometimes for the prints to register in Qcharts. I generally only use Qcharts' Santa Clara servers #s 5 & 10...

I see what you're saying - probably more accurate than how I labeled mine. I think if I was to redo the gaussian I would probably just extend the black up line over one more to cover the small black bar and then do my R2R. I usually only draw the type of B2b or R2r gaussians you show when...

I wasn't too concerned with (and didn't draw in) the down channel because I didn't feel it had been established yet. The gap up and retrace to me looks like a pretty clean B2R dominant up channel. Until I spotted an FTT, I was holding off on drawing in a down channel. I would be interested to...

On my equities trading screen, I always have a daily chart up and then a chart I switch to different fractals. If I'm interested in a stock, I'll usually monitor it on a short fractal (3 min first 30 to 45 minutes of the day, then 5 min after that). I scalped for 3 years so I'm comfortable on...