Deciphering Jack Analysis Bar by Bar ll

Ab on b39.PP4 on b40.BM REV on b41.PP1b on b44.PP3 on b47. http://screencast.com/t/X0MrgJ8l

 

Whole day.Carryover at open is first P1. http://screencast.com/t/ecPhHfetY

 

While jack is digging i thought i would post a few examples of the F band EE's i found in jack's past charts.F band EE's come into play soon after we have the C band created with the T2P and T2F.Let's start with the Fa.Need P2>P1and HVBO>P1.This Fa triggers on b1 in carryover on 7-16-13. http://screencast.com/t/AGukrRR7s.

 

Now for Fb.Need P1>P2 and HVBO>P2.The first example is from 5-28-13.Second example from 9-25-13. http://screencast.com/t/PkysbfGkR http://screencast.com/t/2ZdeuFylNQ

 

One Fc example from 3-21-13.Need LVBO<T2P.

 

Note Bar 12 lands between P2 and T2P but does not trigger Ba. This is because of n+1 test I believe.

 

Fd on 7-16-13.LVBO <T1.

 

Here's Jack's comment on the Fa in the example above. "as the carryover chart showed bar 81 was a T2F. The n+1 test is required once band is established". Which "band" is jack referring to? Answer the C band.From what i can tell each bar after the C band is created is technically another "n+1" until you get a EE. F band EE's trigger above and below the C band pass area and some have extra requirements that need to be met. http://www.elitetrader.com/vb/showthread.php?s=&threadid=275733&perpage=6&pagenumber=105

 

Jack also comments on the Fd on 7-16-13 shown above. "The second T2F was too low (lower than T1 so I had an Fd, LVBO instead)." Though jack annotates the n+1 test bar as P3F its technically another T2F (in this situation its the "first" n+1).Since it "failed" the next bar is the second n+1 test bar and this bar triggers the Fd.I believe the Fd bar is technically the "second" T2F that jack is referring to.

 

Thru b13.Open with BM REV OB on B1 which results in a PP4.Then BM REV on B3.Ab on B10. BO T1 on B13. http://screencast.com/t/CheXTKH7WH