What I deduce here is that (the BO barof the lateral) = the functional BO (the confirmation) = the technical BO That's how I see the thing : bar 4 is the functional BO, bar 6 is the technical/confirmation BO. So bar 6 does not "need a numeric label". Then, if you say what you said, this means I've put a numeric label on the confirmation bar. Which bar can be the one you point out here ? Ic anoly be bar 5. Bar 5 has its close exactly on bar 1's low of the LAT. So, it must mean that in a LAT, if a bar's close ends out of the LAT, the next bar that either has its close ON or OUT of the LAT is considered the confirmation/technical BO. This would then lead me to label bar 4 with the 4 numeric label AND not to put the 5 above bar 5. Can you confirm please ? Thank you, my bad. My interpreation of your " On your chart, that would be annotated by the number ‘3’ on the volume bar and the next sequential numbers above/below the corresponding price bars" has been influenced by what you explained some time ago when we were talking about turns : if a c-turn towards long trend, then put it under the PC, if an a- turn towards short trend then put it above the PC. Here, as for numeric labels of Lat's bars, you means in fact "choose a side". I choose to fix them above. I had done so at first, but with the retro action I erased it and did what I did. After reading this : , then it becomes clear. When I did what I did on the SYM row (I mean erase it and fill it) I felt I was doing wrong. Thank you very much, the end of the paragraph clears up some things for me ! Thank you ! AND -> as Jack said "almost perfect is not enough" so thank you very much for warning about the gesture of the circle on the log. I've constated along time that there are some slightly different logs matrix. The one I use is one fo those Jack provided and most of the log's pics' he shared. So, for now on the log I use, the column I see appropriate is the "additional notes". Feel free to make me use another log matrix is this one isn't the best to use. Right now i'm gonna incorporate the details and refinements I need to on my 03/27/19 chart, then fill the 03/28/19's one, and then I'll read and try to do that tangential exercise and see where it takes me to. Thanks a lot for providing new exercise, especially when it echoes to something that drove me mad in the past. I'm motivated to understand anything about all the stuff, especially when that was something that made me have hard times. Very best of IR and positive orders to you, have a great day !
I've done my best to understand and applicate what you said, but this is maybe not perfectly assimilated yet.
When degapping, the lateral is six bars in total and gets labeled that way. Retro when activated has on your log in the retro column the new events starting from the now measured Sym. Measuring the previously unmeasured bars can at times trigger a cascade of new ID’s. In this lateral the retro is not activated, why would that be? In your log you have it activated by measuring bar2.
On your chart: In this lateral that begins the day, the retro is activated. Once a lateral is activated all bars after the defining bar of the lateral get measured until the lateral ceases to be. OBs: You can now have your OB’s with a single BM. Having a BM in both ends was like training wheels. You’ve progressed beyond that. On your log: The idea behind the BM entries on the log, is that as you scan down the log, it’s easy to see which is the correct side of the market at any given time, at any given bar.
What I use to decide if a retro is activated is this : So, does this Lat have a 4th bar ? You say it has 6. So it has 4. So it needs a retro. But you say it's not activated. Here, I don't understand what you mean. Thanks a lot, you already told me this. I apologize that I did not manage to incorporate and remember everything. Thank you for your patience and comprehension. Ok ! Maybe there's something between the lines to read here, but it's not seeable for me for the moment.
Lat4 activates Retro from that bar onward until Lat BO. If Lat4 bar is in the shadow of Lat1 bar (100% within HL-range), Retro also makes every Lat-bar measurable from the start of the Lat. Retro affects volumes, not price forms. As Lat4 in your example is not completely in shadow of Lat1, Retro activates on Lat4 onwards. Lat5 closes inside Lat again, thus killing any Lat4 BO. So any Waits before Lat4 remain in effect.
If that previous LAT does not see a retro triggered, but the following yes, according to : , then let's talk about differenciation. If I see two similar things and you say the result is not the same, there must be somehting differentiating the two things with each other. What difference can I see ? -> What are we talking about ? -> a retro -> What is a retro ? -> the action of going back into past -> Where does retro can only be triggered ? -> When in a LAT there's a 4th bar -> What if I watch at the two LAT globally ? -> I see they both trigger retro. You say NO. I know you know, and I know I don't know so -> you are right. -> If you're right, then there's a difference as for seeing a retro in a LAT or not seeing it. -> Where can I watch inside the LATS to see any difference ? -> What are we talking about -> retro -> Where is it triggered -> on bar 4 of a LAT -> Where can I watch inside the LATs to see any difference ? -> on bar 4 -> What is the difference on bar 4 of the first LAT posted and bar 4 of the second one ? -> on first LAT posted, bar 4 is functional end of the LAT whereas on the second one it is neither functional nor technical end of the LAT. So I'd say to get a retro triggered, one must have a 4th bar into a LAT that is neither its functional nor technical BO. For the now, that's all I can say about it.