That is a exactly what I am doing. Having based a decision on what jokari is saying at the close of the current bar, I am expecting price to move in the anticipated direction by close of the next bar. This doesn't allow for an intrabar shift on the next bar and so Jokari seems to fail. I expect that jokari would show another change signal on that bar..... "aha"
Not only was this bar not a signal for change, it was a signal for continuation (down) since it provided a Pt3 of the developing down traverse.
Bingo. Someone finally posted the actual answer. We had several discussions which talked around the answer, but I didn't see anyone actually post a response to that quiz which fit - even though several people did figure it out through an aha moment or two. They just didn't complete the process of quoting and responding to the Quiz. - Spydertrader
Remember when I suggested something about focusing on when the Jokari Window appears to fail? - Spydertrader
I thought we had p3 on bar 4. This would suggest that p3 was on bar 7, which was not annotated as such.
Point Three still sits in the same place (Bar Four), but the important part of the response is that it wasn't a signal for change to the long side. Think of the next bar (which also sits on the RTL) as Point Five. - Spydertrader