Market System of Operation

[llIHeroic]

Quote from workwithus:

Very good info smwbbe.Thanks

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 still being killed by a T1 in effect.

I saw the note for Aa on the A Band EE chart read 4-Bar, but I wasn't sure if that only applied to Aa, or all Band A EEs. I was puzzled because I saw some of the EEs triggered on bar #4, but now this makes sense if the 4th bar is replacing T2P with the BO.

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Short Review:

We have finished with Price Case drills and have worked out any gaps in our understanding of Volume Permission.

Participants should be familiar with the Volume Test Procedure, and using it in conjuncture with annotating End Effects. We are working out any confusion with specific EE events, and the correct logs for [12-16] to [12-20] will be posted in order to learn any errors or gaps in our knowledge we have. [12-20] has already been posted and is being reviewed.

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Quick Question:

When I am trying to go through the Volume Test Procedure and EE on my logs, there are times when I end up getting off track, or not knowing how to log a particular occurrence correctly.

I've read that P1 can be assigned at any turn and correct logging can begin if one doesn't have the correct carry-over from yesterday, but can someone expand on how that is done?

I've just been assigning a P1 to Bar 1 in the direction that the bar closes in order to have somewhere to begin to practice logging days; is there a better way to be going about doing this?

 

[jack hershey]

Quote from llIHeroic:

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 still being killed by a T1 in effect.

I saw the note for Aa on the A Band EE chart read 4-Bar, but I wasn't sure if that only applied to Aa, or all Band A EEs. I was puzzled because I saw some of the EEs triggered on bar #4, but now this makes sense if the 4th bar is replacing T2P with the BO.

---

Short Review:

We have finished with Price Case drills and have worked out any gaps in our understanding of Volume Permission.

Participants should be familiar with the Volume Test Procedure, and using it in conjuncture with annotating End Effects. We are working out any confusion with specific EE events, and the correct logs for [12-16] to [12-20] will be posted in order to learn any errors or gaps in our knowledge we have. [12-20] has already been posted and is being reviewed.

---

Quick Question:

When I am trying to go through the Volume Test Procedure and EE on my logs, there are times when I end up getting off track, or not knowing how to log a particular occurrence correctly.

I've read that P1 can be assigned at any turn and correct logging can begin if one doesn't have the correct carry-over from yesterday, but can someone expand on how that is done?

I've just been assigning a P1 to Bar 1 in the direction that the bar closes in order to have somewhere to begin to practice logging days; is there a better way to be going about doing this?

Here is what has to be done.

I have to explain the math terms in the tables and sheet I have given to you.

You have to use what you are givien correctly.

It will not be possible to deal with each new invention you are creating. You are NOT allowed to invent and add things you think you have read or seen.


If you see something DO NOT think up how you believe it got to be that way.

 

[llIHeroic]

Quote from workwithus:

Attached is volume testing after P2(band A created) on b18 and b24 on 12-20-13.Both are situations where P2 is higher volume then P1 when creating band A.This i believe slightly changes the possible P2 or T2P "zones" on next test bar compared to when P2 volume is less then P1 when creating band A.Maybe smwbbe can confirm this? Notice also on both of these situations the bar following the P2 bar is a wait bar because of decreasing volume internals so was not until next bar that got a bar to test.Bar 18 is volume lower than band A so is EE Ab.Bar 24 is volume higher than both P1 and P2 so is another P1 that is EE Ag.How does that look smwbbe? correct?

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.

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In regards to P2 and T2P assignment, let us use the example of

Bar 1 = 10,000 [P1]
Bar 2 = 5,000 [T1]
Bar 3 = 15,000 [P2]

Our question is on the test procedure for Bar 4, what values make P2 and T2P true?

I believe that Volume > 10,000 will trigger Ag even if it is under the current P2. Let's review Jack's post:

"Check out that P2 is > P1.
So after P2 consider seeing a P1 or a T2P.
IF a P1 then designate the bar as Ag VEBO."

It seems like either way (greater than P2 or not), if a bar occurs greater than the initial P1, it will be the new P1 and trigger Ag.

Anything less than 5,000 will trigger Ab, so I think that our T2P range for Bar 4 in this example is [5,000 < x < 10,000.]

 

[llIHeroic]

Quote from jack hershey:

Here is what has to be done.

I have to explain the math terms in the tables and sheet I have given to you.

You have to use what you are givien correctly.

It will not be possible to deal with each new invention you are creating. You are NOT allowed to invent and add things you think you have read or seen.


If you see something DO NOT think up how you believe it got to be that way.

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 not know since it could be an invention.

 

[smwbbe]

Quote from workwithus:
Attached is volume testing after P2 (band A created) on b18 and b24 on 12-20-13. Both are situations where P2 is higher volume then P1 when creating band A. This i believe slightly changes the possible P1,P2 or T2P "zones" on next test bar compared to when P2 volume is less then P1 when creating band A. Maybe smwbbe can confirm this? Notice also on both of these situations the bar following the P2 bar is a wait bar because of decreasing volume internals so was not until next bar that got a bar to test. Bar 18 is volume lower than band A so is EE Ab. Bar 24 is volume higher than both P1 and P2 so is another P1 which is EE Ag. How does that look smwbbe? correct?

I am certainly not the expert on this and I'd much prefer for JH to be the one answering these kind of questions, but as I see your volume assignments, I'd agree with your labels with bar 18 as Ab and bar 24 as Ag.

However, for me, with bar 18 being an Ab, it was assigned as P1 for the next move. Bar 19 was a repeat of P1 and bar 20 was a T1 --- and a PP3 (T1 between 2 P1s). Bar 21 would be P1 then… So while I agree with the bars as you have them labeled in regards to the Bands and zones and volume for P1 starting on bar 20, I did not have the same EEs noted on my chart.

 

[frenchfry]

Quote from llIHeroic:

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 not know since it could be an invention.

You posted a first iteration of the log for five days. With this there where challenges with degapping, identification of price cases, UL and maybe some other things.

Do you have the confirmation that each line in your logs was filled in correctly?

Anyway, go back to those five logs and start to use the volume test procedure. Start with the first day and maybe only start with the first page. Get confirmation that what you filled in is correct. Ask questions which came up during that process. Post the log with the chart showing the bars of that log. Then move on to the next pages and next logs. Then there will be a new iteration and so on.

If you try to "swallow" too much at the same time it will become difficult.

 

[jack hershey]

Quote from llIHeroic:

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 not know since it could be an invention.

Perfect

 

[jack hershey]

Some theory

Keeping trend independent is very important

Also, the relationship of different peaks is especially limited. No one should add any adjustments to these for their personal convenience to avoid thinking as work is done.


Once the OOE's fall in place and you can do relative evaluations, a cloud lifts and you built inference joins your sensing AUTOMATICALLY TO GIVE automatic PERCEPTION.

IT IS A FANTASTIC EXPERIENCE TO OBSERVE OTHERS GETTING INTO THIS MAGIC GROOVE.

If you take the time, you can make a volume test procedure flow chart of every possibility.

Also consider the band flow chart in concert with the volume test procedure flow chart.

At some point you will recognize how feedback work in flow charts. At that time add in feedback loops.

The EE's spin out from this above flow.

 

[jack hershey]

Starting out anywhere

Often you can get frustrated by not knowing just what to do on a bar.

Pick a "RESTART" bar that is a more obvious trend beginning point.

Find one by doing the 30 min chart and annotating ftt's.

The ftt you see HAS to be before the bar name on the
30 min chart.

Go to the 5 min aand find the extreme bar and start there.

Assign a P1 to any ending (especially A band and failsafes, if you can think it through)

Once you assign the P1, begin to do bar by bar M and A.

After P1 you have three possibilities: WAIT, of another P1 or a first T1.

In real ime this is a 300 second effort.

After you get a t1, then you can have three possibilities: WAIT or another T1 or a P2. Nothing else is possible. This is for certain as is the following contexts.

If you have a sequence of P1 to T1 to P2, you are demonstrating that you know how to deal with boolean algebra.

In trend monitoring and analysis using geometry you have gone from point 1 to point 2 of a parallelogram when you reach P2 in volume testing.

 

[jack hershey]

Quote from llIHeroic:

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?

This is correct.