BS Just a week ago you claimed you learned to read FX charts without volume. You can't have it both ways.
I asked how you'd annotate adjacents and channels and if I did it correctly.what has volume to do with it?
Hi Jack, recently I saw you mentioning the "J test" I think this refers to the "Cycle 1" flow diagram introduced in this thread. I'm just checking to see if in the meantime you made some changes, improvements, additions, etc. to this and if you would be willing to share it? Thanks.
Nope. But you're correct we did use letters in the volume cycle 1 template. In the volume naming for the current 56 element volume bar names. J stands for the bar 78 (advance one peak") trend completion sub set (one of ten subsets in the EE group of 35 elements. Today we advanced from P2 sequence status to P3P an End Effect on bar 78 (J pass). Bar 79 is an assigned P1. bar 80 and 81 are in a lateral started by bar 79. So the open is long and in the volume trend sequence we are "looking for" T1 or another P1. as compared to the volume on bar 79 IF we have permission from price to make a volume measurement. No permission will be givien if price stays in the lateral.