frenchfry, Thank you for your continued assistance in helping me to build a useful glossary as a useful tool for understanding the market system of operation. I have added pictures and additional detail to my price case cards. I have record of the post you referenced in the last thread, as Jack's post #17. Thank you for directing me to it again. Based on all of the information on laterals that I have read so far, my best deduction is that all lateral price cases provide the WAIT signal. I know that in all of the other formation cases, if the second bar of volume in a formation is greater than the first, UL is put on the line of the second bar, and the greater volume is used with the squished formation in order to assign a volume element to the internal bar even though the price case signals WAIT. In the case of laterals such as the example at the end of [12-19] that I referenced, I am not sure if an increasing volume bar that is less than the beginning of the lateral, but greater than the previous volume bar will trigger a UL on that line which allows for permission to measure volume, or is still considered a WAIT because it is not the largest volume bar in the entire formation. In regards to RETRO, my current understanding is that RETRO conducts the assignment of volume elements within the lateral to measure the events of the sub-fractal within the lateral, and does not alter the primary OOE in the trading fractal that is being logged with the correct use of UL during the lateral. However, I may be mistaken. When some of the correct logs for the drill days are posted perhaps this will help me to learn what the correct procedure is. -- I will post later today pages with printable text of the glossary terms for others who want to create their own note-cards and improve them with the instructions of Jack and frenchfry to begin creating detailed glossary pages. Thank you for all of the help and participation by everyone so far.
Okay, so I've been continuing to search for material related to my question as per frenchfry's advice, and I think I have found the answer. This aforementioned text, "I put a 3 in volume to wake me up on the third bar. In the log I write lat 3 in the form column. I draw an arrow to the written UL in the row or two above. I draw a line through the volume colums and then place a W in the event column." along with an old chart and log that was posted, leads me to the conclusion that the Lateral suppression of volume takes priority EVEN over increasing volume within the lateral that is greater than the first bar of the lateral, as well as the previous highest bar of volume in the entire formation. -- In addition, during my search I also came across a distinction pertaining to my initial discussion with tiddlywinks about how to label cases that I thought I would share with the thread, because I did not know it before. What is the correct case annotation for boxes 1 and 4, and why? I have attempted to elaborate on my question within the image. Referenced Chart and Log to follow. -- Edit: Typo in image, re-posted below.