Iterative Refinement

Quote from romanus

Hi romanus and JHM students,

I have some questions regarding 6/24/2009 chart--

1) Which bar confirms the Pt 3 (a non- domonant red bar for olive faster fractal up traverse)?
a) 14:10 bar, or b)14:15 bar
b) 14:15 bar

2) Which bar is the change signal for Blue ES 5 Min Up Traverse?
a) 14:10 bar, or
b) 14:15 bar, or
c) 14:20 bar, change signal + breaking Blue RTL on IRV

3) Is it possible to have \/ ( R2R ) Gaussian from 14:15 to 14:40 in level 2 (medium thick line)?
Please see the attached. It is greatly appreciated if you would espress your thoughts with chart illustration. TIA!
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Quote from NYCMB:

Hi romanus and JHM students,

I have some questions regarding 6/24/2009 chart--
More...

I wasn't there, but the attached chart may be a clearer representation of what transpired; it logically hangs together at least.

<img src=http://elitetrader.com/vb/attachment.php?s=&postid=2481331>
 

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Quote from NYCMB:

Quote from romanus

Hi romanus and JHM students,

I have some questions regarding 6/24/2009 chart--

1) Which bar confirms the Pt 3 (a non- domonant red bar for olive faster fractal up traverse)?
a) 14:10 bar, or b)14:15 bar
b) 14:15 bar -seems to be the completion of skinny gaussian sequence, which completes the medium gaussian sequence.

2) Which bar is the change signal for Blue ES 5 Min Up Traverse?
a) 14:10 bar, or
b) 14:15 bar, or
c) 14:20 bar, change signal + breaking Blue RTL on IRV

3) Is it possible to have \/ ( R2R ) Gaussian from 14:15 to 14:40 in level 2 (medium thick line)? I can't imagine a gaussian trough in the absense of either a volume trough, or opposing tapes.
Please see the attached. It is greatly appreciated if you would espress your thoughts with chart illustration. TIA!
More...

The attached represents a "less incorrect view". :D

Three levels of gaussians - skinny for tapes, medium for traverses and thick for channels.
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