Thanks Simples, this is what I remember but since time has passed I wanted to make sure that Jack had not updated the glossary somewhere along the line.
To the group. Is there a post where Jack explicitly defines a BO? Does there need to be a close in place at the end of the bar or will a violation of price structure do? My awareness of other systems is clouding my thinking in this regard, and it is the last term that I cannot find a clear...
See, this is what I was talking about. @Sprout has fervor about the method. S/he has the time to commit to this study and can get to the meat of what Jack was saying faster. Personally I still work in a career so while I can check in every day, I cannot do the research of the fine details. I...
In your chart there is a Lat 4 at EOD. @Sprout is the group leader I would say, S/he has the time and the commitment so I would wait on a reply from their person to be sure. My personalized take is that I would wait on a break of the lateral at which point I would assign a P1. As I posted...
A lot of great high quality posts here lately I think.
On degapping. Jack wanted to degap because doing so will alter the price cases in certain situations, and this will have a cascading effect. I was recently given the task of learning VBA for Excel and I actually came to understand even...
Me too Sprout. The one thing that Hershey students were always able to do is to remain civil. I have come to the conclusion that Jack's final work is a great one and I happy that there are living souls to carry it forward.
The terms that you espouse came later in his career at ET. Here is a page from a thread from much earlier. He in fact did believe there "flaws" in the market . I absolutely agree with you about Jack and his rabbit holes. I also absolutely agree with volume being a central theme in his work...
I was conditioned on Jack's earliest work at ET when used the stochastic and MACD to stage trades. Volume was the last consideration back then. At least the way I understood it. The only thing volume did back then to tell us to stay out of DU. So when I saw I saw the EE Ab and it's sisters as...
My only argument to this is that if you look at the posts, his trading seems to have evolved significantly since 2003. The bar by bar analysis popped up around 2010 and was refined by 2013, so there was definitely something that made him change something for whatever reason. Both interesting...
@tiddlywinks. There is a definite disconnect with Gaussians. What I noticed upon my return is that it appears that Jack was very heavily influenced by Al Brooks. What Jack then did was to create a volume profile that was "bar by bar". Al Brooks is the first prominent educator to start the bar...