baro-san? Are you still thinking about the correct answer? Let me help you a little bit... Just because you see a Through doesn't mean you ASSIGN a Through. I hope this helps you finding the correct answer.
"P stands for peak, T stands for through and WYSIWYG". Wow!!! Really!? Each bar (price and volume) has a name. WYSIWYG is only partially true. What we see is not only peaks and throughs. Bar 1 was an OB (in price). I assigned it a P1/T1 (in volume) but taking the previous bars into account I could have assigned it something else. Anybody who doesn't know how to analyze what happened before has to start somewhere. Starting with a P1 is not a bad choice. An OB with P1/T1 tells us we have a EE and I "think" we can consider this a BM, BO/T1 situation which means we are in the "Failsafe" part of the Modrian table. Which of the four? What kind of turn do we have? Maybe somebody more experienced than me, like baro-san, can tell us? Now bar2. It is a XB in Price. It is a through in volume. Here I see three possibilities of what could be assigned to this bar: 1. We assume it is a "Repeat" of T1 and we assign a T1. 2. We assume it is a "Next" and we assign P2 3. We have a EE and restart with a P1 Based on the correct answer the assignments for the following bars which I made need to be changed. Is there a fourth alternative? Why would you choose one of the three possibilities listed above and exclude the others?
YOU ARE TRADING BARS,without an overall larger pic ,which shows major and minor supp res,why if it's so easy to observe wouldn;t you do so,a weather man could say that the sun will rise and fall,but he couldnt make a living with that small bit of info
I wonder,if someone of the Task force have tried to do The Repeat with the Topstep Combine?Why don`t to give it a shot?
I play this way.When i can rely on volume i rely on volume,at the time when i cannot rely on volume,i rely on the pattern,at the time when i cannot rely neither on volume or the pattern,i switch to higher/lower gear and watch the volume and see if i can rely on it.If not i watch the pattern,if not i switch again back and forth back and forth until i see what i need...bla-la-la....Simple,isn`t it?
This thread sure went into the gutter. Let's keep it on topic guys. OP: How is your Jack Hershey learning progressing?
Hey everyone. I was MIA last week due to a previous obligation. I am back going again though. Mr. Hershey, how is your recovery going? FF, OS, how are things going? I am progressing. I just need some time. Missing all of last week sure did not help. Also, with Mr. Hershey being gone, things have slowed down. I have some questions. But, I think everything I need is in this thread. I just need to extract and distill it. Some continued help from Mr Hershey would be appreciated though. In fact his continued help is probably imperative. Jered