Making JH' SCT and all his material alive

Discussion in 'Journals' started by WchPl, Apr 25, 2018.

  1. WchPl

    WchPl

    Obviously, I won't be able to do all I wanted to today.

    I don't feel at ease at all with what follows. Like always when there is something new that is to be incorporated, it brings the mess back in my mind. I'm used.

    Here is the first part of the Log and chart I want to do today, and what I did does not make much sense.
    For example, here I only find BO of rtl on DV, so BO,T1. I wonder what would happen if the close of the bar was outside prior rtl on IV. And the "prior rtl" is still not clear in my mind. Anyway.


    part 1 chart & Log 060519.png
     
    #951     Jun 10, 2019
  2. WchPl

    WchPl

    Correction : it disturbs me.
     
    #952     Jun 10, 2019
  3. WchPl

    WchPl

    I don't know why, but it's now disturbing me a bit less.
     
    #953     Jun 10, 2019
  4. WchPl

    WchPl

    Part 2 06/05/19 chart & Log

    part 2 chart & Log 060519.png
     
    #954     Jun 10, 2019
  5. WchPl

    WchPl

    Part 3 06/05/19 chart & Log

    Finally, I found a BO of prior rtl on IV. I don't DD how to deal with that for now. I just included the bars in question (and see them as a kind of Not BO,T1). This will surely be solved soon.

    Also trying to incorporate the new IDs of PC after SQU.

    part 3 chart & Log 060519.png
     
    #955     Jun 10, 2019
  6. WchPl

    WchPl

    Part 4 06/05/19 chart & Log

    part 4 chart & Log 060519.png
     
    #956     Jun 10, 2019
  7. WchPl

    WchPl

    Part 5 06/05/19 chart & Log


    part 5 chart & Log 060519.png

    As for squishing : the last bar of the chart is interesting. If I squish the one but last bar into the prior one, then when last bar comes I see a FTP. I began at this moment to measure volume to search for an UL...and there is the interesting thing : if I measure volume relatively to prior bar, it's UL.....but if I compare to the volume bar corresponding to the two but last bar, then it's not. So I began to wonder, after squishing, wchi volume bar is at hand, and will be the one from which to compare next volume bar ? Logically, here, I DD that I'm to take the bar from which I built/adapted my last PC : so it's the two but last bar (16:00). I even wonder if I'm not to sum the two volume values (16:00 vol and 16:05 vol) and then compare the last volume bar to that sum. I mean, if we merge price, why can't we merge volume ?
    All this is maybe all wrong and incorrect, but I wanted to talk about it cause there's something to be cleared up here.

    AND
    this reminds me something about after wait : after a wait, which volume bar is the reference from which to measure volume of the next measurable volume bar ? I've recently read in my JH's printed posts (butt handed on a daily basis thread) that we're to use the last measurable/measured volume bar, not the volume bar of the Wait bar. BUT, I think I remember you @Sprout already had answered me about this. I need to refind this post. I want this to be cleared up.

    AND
    This also reminds me about degap and Lats : in some cases, after degapping, the Lat is still not there, although by the immediate (no degapped) geometry, it is not. I would like to know what to explore/work/know/do in thoses cases, cause since the beginning there are cases where it's too obvious we can't keep on seeing a Lat that is geometrically appearing. For example, here :

    degap and lats.png

    But here, things get more complex for me :

    confusion on degap and lat.png

    I'm so confused with this kind of situation that after reviewing some charts and logs I've done, I noticed that sometimes I considered there was a Lat and filled in the log with the appropriate way, so when there's a Lat, and other time I did not !


    I just wanted to talk about several operating points... I notice now I have many. I'll make a list and post it.
     
    #957     Jun 10, 2019
  8. Sprout

    Sprout

    The bar numbers are messed up. The day starts at the 9:30 which is the opening bar which closes on 9:35. The scale of the chart isn't matching the bar numbers on the log.

    The 9:50 bar on the chart is an Ab, (use leftmost T1)
    The PP5 needs a BM at it's low
     
    #958     Jun 10, 2019
  9. Sprout

    Sprout

    PP3 needs a BM at it's high.
    P1 assigned is on the first measurable bar which is lat4 BM,rev. I know that on my last charts I did it the way you are doing it and since we have progressed to laterals, might as well start incorporating all the logic of them even if it's difficult.
    The same with PP3 again with the BM at it's high.
    The PP4 a BM at it's low
    The next bar becomes a BM, rev
    Which makes 11:55 an Ab and BO,T1 in addition to the BM,rev. BO,T1 - since there was a T1 in the sequence. BO,T1 also takes priority.
     
    #959     Jun 10, 2019
  10. Sprout

    Sprout


    The degapping consideration example with the lateral you have right.
     
    #960     Jun 10, 2019