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  1. L

    Market System of Operation

    Jack, Thank you for helping us to stay on track. I will continue to review material, and I will stick to using only material covered directly in this thread. I will stick to asking questions and not try to put together information in order to create an understanding of something I do...
  2. L

    Market System of Operation

    Yeah, I think those are right. When Volume < T1 after a P2 assignment, this is the minimum of four bars we were talking about to trigger A Band EEs, so Ab on Bar 18. Also, on Bar 24, P2 > P1 is true, and Bar 24 tests True for P1, so Ag is Triggered. -- In regards to P2 and T2P...
  3. L

    Market System of Operation

    Seconded! Your assistance through this entire journal has been extremely valuable. Thank you again for the time and effort you put forth in order to participate in the learning process. So, I understand now that the P2 assignment needs to be greater than P1, which is possible when P1 is...
  4. L

    Market System of Operation

    My 2¢: [1] Bar 29 Volume exceeds P1 = Ag EE. P1 would be assigned to Bar 29 but not because of the volume procedure test. All Band A EE assign P1 to Bar.0 ***This is what makes sense to me, but Bar 29 on Jack's log does not have an Ag. More on this below. [2] Bar 29 Volume is...
  5. L

    Market System of Operation

    Thank you for the feedback. I thought P1 would currently be KILLED on #4 since T1 is in effect. It is KILLED until it's GATE after P2, or am I mis-understanding something?
  6. L

    Market System of Operation

    I attempted to create a small review of Volume Test Procedure and Volume Band OOE. If someone could review the image and give me some feedback, I would appreciate it. I definitely feel that my understanding of the Test Procedure has been getting better than it initially was, and I am still...
  7. L

    Market System of Operation

    Short Review: 1. We have completed the recognition of Price Cases and Volume Permission. 2. We have been practicing and perfecting knowing the Volume Test Procedure. Knowing the OOE of Volume Elements in a trend also comes with this. 3. End Effects are being reviewed, organized...
  8. L

    Market System of Operation

    smwbbe, Thanks again for taking the time to explain these concepts to me. I've been feeling some vague confusion in understanding the Volume Test Procedure over the past few days and was hoping eventually it would work itself out after going through some charts and logs. Your post seemed...
  9. L

    Market System of Operation

    On Page Two of the log posted by Jack for [12-20], there was sequence of volume elements that I could not comprehend. For [12-20], Bar 26 is BM REV, so P1 is assigned to that bar because failsafe endings assign P1 to the failsafe bar. After that, Bar 27 had lower volume with permission, so...
  10. L

    Market System of Operation

    I do not yet understand what I have wrong with the illustration. Here is my thought, I cannot find the error. If an EE has occurred the black bar can be a valid P1 if volume is measurable. BM REV can occur and assign another P1. If price case gives permission and Bar closes on the other...
  11. L

    Market System of Operation

    Jack, Thank you for explaining the naming of bars in greater detail. I had thought that perhaps the naming began from .0 directly after an EE has occurred, or from .0 forward when referring to a snip of a trend or price case, but now we know this is not true. I would advise everyone to...
  12. L

    Market System of Operation

    Ah, thank you very much. It makes perfect sense to me now. I believe this answers the second part of my question as well. Allow me to elaborate. The additional requirement, with correct nomenclature, merely states the text that I was having trouble integrating into my understanding of this...
  13. L

    Market System of Operation

    Here is my current PP1 Sheet. I have two questions about PP1 in order to complete my knowledge. 1. On the Pre-Primary EE Sheet, under "Additional Requirements," the following is written: (P1.2 - P1.1) < (P1.0 - P1.1) Is this a mistake, or am I misunderstanding something? Let's use...
  14. L

    Market System of Operation

    frenchfry, If you could weigh in here it would be helpful. Here is the text that has been giving me trouble understanding exactly. "After a two bar "internal"(the 8 cases of waiting), you have to do work to log the next row. Mentally fold the second bar into the first bar. Thus you know...
  15. L

    Market System of Operation

    Post #4 of this thread touches on why we do this. Also, I tried to put it into the definition of De-Gap on the Glossary as well. "The mental process of removing any gap in price between one bar's close and the following bar's open. Used in order to correctly compute the relative change in...
  16. L

    Market System of Operation

    See Post #8 of this thread. Please read through the material first if you are interested in participating, this way we will be able to avoid re-posting content that has already been covered. --- Brief Synopsis: Participants in the thread should be reviewing the content already posted...
  17. L

    Market System of Operation

    Also, Jack, I will be trying to start building LTM for the Volume Test Procedure process alongside of learning the 35 EE. Here is your chart from [10-30]. I understand almost all of the annotations, but why isn't there an rtl from Bar 31 to 32? I thought at first that perhaps it had...
  18. L

    Market System of Operation

    Well, it appears that we use the same methods for processing the WAIT commands for two bar internal formations, so I think that we both understand the correct methodology. I'm not sure if you're just conducting a time-saver by leaving these blank, but Lateral 3 and onward always trigger the...
  19. L

    Market System of Operation

    Okay, so I took another stab at your chart with the assumption that the open and close marks remain fixed, and the software adjusts the position of the bar in order to De-Gap it. If that assumption is incorrect, then this set of logs is irrelevant as well. I began to mark the differences...
  20. L

    Market System of Operation

    Ah, did I misunderstand? How does your charting software work? If I understand what you are saying the right way, it places the bars correctly, which causes the little open and close marks to be incorrect?
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