Deciphering Jack Analysis Bar by Bar ll

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

  1. Does your software put all of those annotations on the charts (arrows & boxes & numbers & colors, etc), or is everything done manually? Looks incredibly complicated & meticulous. Just wondering.
     
    #171     Feb 2, 2014
  2. If an Ob shows up with a failsafe EE you first do the volume test procedure like normal and then assign the volume element to the upper level.At this point two different things can occur.You either get a volume based EE triggering or you don't.Let's first deal with if you don't have a EE triggering on the upper level.Then you move on to the failsafe and assign a first P1 to the upper level and a T1 to the lower level.This will trigger a PP4 on the lower level.You assign the first P1 on the next measurable bar.Here's an example from b20 on 11-7-13. http://screencast.com/t/dOgQo5YeTr http://screencast.com/t/RyWmlRRWPCCu
     
    #172     Feb 2, 2014
  3. All of the annotations on my charts are currently manually applied.Yes this is very complicated much more than meets the eye but things are advancing forward quite nicely.It takes alot of work,time and drills.I remember the first time i saw one of jack's "new method" charts posted.It was like what the heck is that.Now i look back at jack's posted charts and see new things on every pass.It's really quite cool.This method by jack has many layers but slowly they're peeling back.
     
    #173     Feb 2, 2014
  4. #176     Feb 3, 2014
  5. On 54 you have a BO T1 and P1 assigned.
    Why do you have a P1 on 55 rather than a T1 ?
    Many thx
     
    #177     Feb 3, 2014
  6. #178     Feb 3, 2014
  7. #179     Feb 4, 2014
  8. #180     Feb 4, 2014