Hi @Sprout ,There are no ‘extra’ drills. All are designed for one whom does them to increase discernment and increase what Jack calls one’s ‘spectrum of differentiation.’
The pace of your ‘aha’s’ are dependent on your own work.
Nobody can do that for you.
Given how you’ve expressing yourself and looking for shortcuts, this method is most likely not for you.
It is however well suited for someone willing to ‘to roll up their sleeves’ and work on changing their perceptions of how markets work. It does require commitment, persistence and dedication. Not so much because of the material itself but more so of all the other stuff we have in our minds that get in the way. It’s a lifetime of acculturation that requires updating.
To those whom put in the work come the rewards of pulling the ‘full offer of the market’ at any given time.
You have the price cases, the 5x5 grid, the next is to annotate charts using ‘the pattern ‘ and identifying trends. You do this at the same time as logging.
There are posted logs that you can use as a template and you fill out what you can and post the result. Doing so allows someone other than you to see what you see and what the next step is to do. That’s just how the process works the fastest. To think this method is like a cookbook and all you need are the ingredients to make an award winning pie is not realistic.
It’s just too complex and overwhelming. The pieces do all fit together but can you put together a car engine from a box of parts?
It’s like someone taking a couple of classes of a martial art and expecting to be a black belt and be a winner in a MMA bout or street scuffle.
May you experience good fortune in your endeavors!
I understand 'the pattern'. It's no different with PA/non volume chart analysis, except there's volume.
So JHM probably can be more accurate in timing of entering the market/order placement because of volume analysis.
I agree that volume drives price as Jack mentioned via jokari window. If vol is up, trend will continue, if vol is down, trend will/may change.
You know that you know, but you think you know what i know and what I don't know.
I know that i don't fully know especially with regards to price AND volume analysis. I want to know by way of logging and asking how to read the instructions written by Jack. I believe doing logging will make i know that i know. But you didn't tell me how to read it and i can't proceed further.
From the picture showing bands @WchPl drawn, all the bands are above T1 vol bar. T1 is BO of rtl prior trend. So when the subsequent vol elements in OOE maintaining its pace above T1 level, the stronger the better till reaching pt2. And on the way down to pt3, it should be non dominance move with less volume to ensure the new trend is still intact.
I may be right, may be wrong. But i need to know how to read Jack's scripts in order to uncover many more hidden gems. The scripts are written in, say z++, and i need help to read understand z++ syntaxes. Only a few people know z++, i guess you're one of them.
I need that help.
All answers are right in front in the chart and Jack's scripts might help to unlock it.
Thanks.
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And this is a pitty for me.... jockin