Spydertrader's Jack Hershey Futures Trading Journal

Status
Not open for further replies.
Quote from nkhoi:

there is no permutation, if channel slant up the sequence is B2R, B2R..until R2R, if channel slant down the sequence is R2B, R2B..until B2B, channel and sequence verify each other. [/QUOTE

-----------------------------------------------------------------------

I am having difficulty with B2R and R2R concept too, I would really appreciate some charts posted on this topic.
Anyone know why the market is on steroids today?
More...
 
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.
 

Attachments

Quote from nkhoi:

there is no permutation, if channel slant up the sequence is B2R, B2R..until R2R, if channel slant down the sequence is R2B, R2B..until B2B, channel and sequence verify each other.
More...


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?
 
Quote from EstebanUno:

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?
More...

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:

For a while I didn't understand the concept until I realized PV and also had to relax a bit as far as observing is concerned. So with channels, you see that the channel is the geometric context for where price is operating. The Volume is the gas pedal so to speak of price operating within the container. In a channel you will see price bounce from one side to the other until it stops. When you look at volume you will see that in one particular direction of the bounce from one side of the channel to the opposite side, each consecutive volume bar will be more or less larger than the previous bar. On the bounce back, the volume bars will have a general decreasing progression. You will have to look somewhat loosely because as you will notice, the migration from one side to the other is riddled with stalled/inside bars. They are easy to pick off because you will see that the volume does not follow the progression and additionally the price bar will not extend beyond either side of the previous price bar.

The framework of the gaussians is that every channel has the dominant where the progression of sequentially increasing volume bars denote the dominant direction of the channel. The sequentially decreasing volume bars are the retrace. 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...
More...

-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.
 
Quote from callmate:

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.
More...

bingo
 
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
 
Quote from Aurum:

And we come full circle to this link from the first page.

:p
More...

______________________________________________

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.
 
Status
Not open for further replies.
Back
Top