this is the last part of the day for the chart
As may be seen all the trends were Set D drift type trends.
Glance at the opening to see how carry over works.
We will spend five days next week using the test procedure on volume, the leading indicator of price.
In math, volume is defined as the "independent variable".
The independent variable leads the dependent variable which is price where the money making takes place.
In trading to take the full offer, one of the greatest aids is know that you know in advance when a turn is coming up.
we have a whole and complete system before us. I noted the beginning where "Permission" to measure the independent variable is defined completely.
we also covered the other end of doing reversals while knowing in advance one is coming up. by having sufficient lead time you can take advantage of "carving turns". the P&L shows an end of bar reversal which is just what it is. "Permission" comes before the end of the bar.