Refinement + correction (+ apologize for the mess)
Case 4 w/ long BM
Case 4-b
To be continued..
Making JH' SCT and all his material alive
- Thread starter WchPl
- Start date
Refinement + correction (+ apologize for the mess)
Case 4 w/ long BM
Case 4-b
To be continued..
Refinement + correction (+ apologize for the mess)
Case 4 w/ long BM
Case 4-b
To be continued..
A long BM could be put on bar 2's L or bar 3's. I'd say on bar 2. We would have 2 turns on the same bar.
You need two requirements for a defined BO,T1; T1 present and XO of rtl.
You are drawing the first bar of the OB case without it’s prior context, so the FFF rtl’s are an intrabar annotation in your drawings.
One can make intrabar trading decisions however the volume measurements are done at “lock-in” of the final shape of the form. The logging is for EOB form.
In other words those intrabar tapes that you are drawing can only be a rtl if there was another bar prior the OB Price Case which established the pt3 rtl. This would also change the placement of the BM to the bar prior.
You are drawing the first bar of the OB case without it’s prior context, so the FFF rtl’s are an intrabar annotation in your drawings.
One can make intrabar trading decisions however the volume measurements are done at “lock-in” of the final shape of the form. The logging is for EOB form.
In other words those intrabar tapes that you are drawing can only be a rtl if there was another bar prior the OB Price Case which established the pt3 rtl. This would also change the placement of the BM to the bar prior.
And you just cleared up something I thought, but I was not sure about it. Thank you very much for that help
The OOE of OOE's is important.
Understanding the sequence of events of the Primary Band, the Secondary Band, the Bands and of the VTP is like the cookbook. Each of the OOE's are like recipes. All the elements of the system are like ingredients.
Something that supports building and understanding all the relationships is to draw on an 11x17 piece of graph paper an archetypal pattern yielding to another archetypal pattern. This archetypal pattern would be the C trend of the trading fractal composed of faster fractals. By linking the 5 (at first) volume elements P1, T1, P2, T2, P3/P1 one after the other across the length, one can draw the resulting dependent prices moves above. Then add turns and progression of trend types and the logical possibilities. Add the BM's and where the laterals would be. Add the long diagonal of the parallelograms. This is like the jigsaw puzzle where all the pieces must fit, start with the edges (ends) and work on the fill (in-betweens). Start general and add detail incrementally. Draw a second one that you can overlay and use as a pattern interrupt by sliding it across the first. This is the independent variable entering the market which can happen at any time. You'll notice OB's are like folded origami accelerating trends with a bar.
One will be surprise with how much they know and have been missing the forest by staring at trees.
The exercise creates a rosetta stone of reference that reinforces how all these concepts interconnect with each other. It's math, it's precise, it has a logical foundation, it's Jack, bless him wherever he finds himself in his current adventures.
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Ok, then, from what I understand, momentaneously let's go back to the 900's Matrix.
In my terminology, it would be the 14, 24, 34...104 cases AND with the thorough differenciation as all matters. I'll now build this matrix in question including from 14 ->104 cases, O/C, BMs, rtls, volume triads placements and surge.
It's a bit of nostalgy for me to go back to that ^^
So, to the original matrix with which I started which was :
The goal is to solve any scenario in terms of VTP-EE-turns, especially when P1 is assigned on OB or something close to that.