Deciphering Jack Analysis Bar by Bar ll

Discussion in 'Technical Analysis' started by workwithus, Jan 21, 2014.

  1. #141     Jan 31, 2014
  2. PP3 and BO T1 (combo) on b5 but due to non-failsafe on b1 i assign first P1 on next measurable bar.Even though b3 and b4 are technically outside the rtl on price i didn't have the T1 assigned yet so had to wait until got the T1 on b5.http://screencast.com/t/1U9TuluV
     
    #142     Jan 31, 2014
  3. PP3 and BO T1 (combo) on b8.Again had to wait for BO T1 till b8 even though price broke the rtl before that bar.This time can assign first P1 on b8 trigger bar because did have failsafe on previous EE bar. http://screencast.com/t/jCOyjOrA
     
    #143     Jan 31, 2014
  4. #145     Jan 31, 2014
  5. Very nice.A couple of things.Need a two level assignment on b19 OB.Take a closer look at b29.What prevents the Ab assignment on that bar? I recently decided to only annotate an Ag if the New P1 is higher volume than the first P2.I took another look at jack's charts on the Ag and noticed he didnt't annotate if New P1 is lower volume than the first P2.Rework with those suggestions and see what you get.
     
    #147     Jan 31, 2014
  6. Yes I missed that thank you.
    On chart refresh it's a W. Thx
    Ok thx, but confusing because wouldn't b39 be a "New P1" re: Rev Chron"left most" ?
    ie: P2 (37) > P1(35) and with 39 HVBO of A Band although < P2 , 39 is > P1 (35) so 39 = New P1 ?
    Will do. Thx for everything.
     
    #148     Jan 31, 2014
  7. Here's a few examples of the above.1-10-14,12-18-13,11-11-13,11-8-13,11-7-13 and 10-7-13. http://screencast.com/t/fHQ9fpvUu http://screencast.com/t/yD81RxvpNv http://screencast.com/t/e9Td2ZNKFQB http://screencast.com/t/QpPFXLN2F http://screencast.com/t/ikQ63oKRjQh http://screencast.com/t/7GRI5eaQt6
     
    #149     Jan 31, 2014
  8. #150     Jan 31, 2014