Could be wrong, but even if it was a BO T1 (although the close looks like it's above the rtl), a BO T1 on OB's triggers a PP4 like we were just discussing. This was labeled PP5.
Heroic, if you wouldn't have insisted... for which I thank you... I wouldn't even have noticed the issue. Looking at Jack's bar 17 assignement as a PP5 it looked correct to me. It is an OB. On the top row you always have a peak and the bottom row is always a through. We had a T1 before so everything looked fine. Top = P2, bottom = T2P. Therefore it is a PP5. At least that's how it looked like before. Jack, if it is not a PP5 and you assign a T1 on the top and P2 on the bottom and as you say it is not an EE, then this means it is also not a "turn". But it is marked as b turn. To have a turn we always need to have an EE, correct?
Do you have examples of this in logs or charts? I wasn't sure of how this works, so it will be good for us if you have learned how P1 reset works in regards to OB. If the lower level of the OB triggers a certain PPx EE, then we know to assign P1 to the next bar, but if the top row triggers a non-failsafe EE, such as a Band B-K EE, you are saying that nothing is assigned to the bottom row and we wait until next bar to assign P1?
Correct, what makes you then assign a P1 on the next bar in order to get the b turn? Jack, please explain.
Okay, thank you for taking the time to clarify these two possibilities for non-failsafe EE on OB's. I was not sure if you were saying to always wait until the next measurable bar even if the EE occurred on the top row of the OB at first. Now I understand that if it happens on the top, we assign P1 to next measurable bar, which is the bottom row on an OB. And if the EE happens on the bottom row, we use the next measurable separate bar like normal. With this procedure, Bar 34 on [12-16] is a T1 then, because a PP3 occurred on the top row of the OB on Bar 33, the bottom row was assigned P1, and Bar 34 has lower volume than Bar 33 [P1 Repeat is False, T1 Assigned]?
I am having a hard time reviewing the charts because these small differences end up changing all of the EEs and turns especially for the day when I log the days compared to Jack's charts. For example, here is an instruction on fanning the rtl for a BO T1 during internal. "smwbbe Question: After the BM REV on bar 26, it is assigned as a P1 and the direction changes from short to long. A BookMark would be placed at the bottom of bar 26 and an RTL would be drawn from bar 26 to bar 27 (P1 to T1). Bar 28 closes outside of that RTL but it wasn't designated as a BO,T1. Jack Asnwer: Consult the facets of RTL's in channel geometry. In particular, there is a requirement that has to do with fanning. Fanning is based upon "internals"" In this snip from [12-17] for Bar 16 - Bar 18, the rtl was not fanned during a Hitch that is designated as WAIT Bar, and a BO T1 occurred on the bar of the Hitch. Is this another mis-annotation, or am I missing something here?
workwithus, I forgot to thank you for explaining the acceleration test for PP1 to me. That was very helpful. Also, since there seems to be some mis-annotations on Jack's Chart and in order to test our Test Results against it, we have to manually match his OOE beginnings, I thought of another idea. Can you post all of your EE's and their sentiments for [12-17]? I logged the day using the chart you posted earlier and will post mine below. Perhaps between the two of us we can iron out all the differences we have and get the day perfectly annotated for practice. If anyone else has learned enough to fill out the full logs they are welcome to join as well. Here are all of mine. We can go to the first difference [assuming we have a few] and zoom in to the Price Cases and Volume Elements in order to reconcile it, then whoever had to change their EE can re-log the day with the correction, and we can repeat until we get stuck or complete the day successfully. Open: Long Bar 1 Top Row: BM REV - Short Bar 1 Bottom: PP4 - Long Bar 2: BM REV - Short Bar 4: BO T1 - Long Bar 10: Ab - Short Bar 15: Ab - Long Bar 16: BM REV - Short Bar 20: BO T1 - Long Bar 24: BM REV - Short Bar 26: BO T1 - Long Bar 32: BO T1 - Short Bar 33 Top: BM REV - Long Bar 33 Bottom: PP4 - Short Bar 38: PP6 - Long Bar 42: Ag - Short Bar 47: BO T1 - Long Bar 51: BM REV - Short Bar 55: PP1 - Long Bar 61: Bc - Short Bar 67: Bc - Long Bar 70: PP3 - Short Bar 76: Ag - Long Bar 78 Top: BM REV - Short Bar 78 Bottom: PP4 - Long Bar 79: BM REV - Short
Good luck! I asked Jack a question countless posts ago. This thread has been hijacked. There is not enough hours in a day for Jack to read all these posts.
It got updated 2.5 months ago. On the PP's sheet I have clarified a turn called OB PP4a (the two parts are P1 followed by P2 (after a t1 and P2 have occurred)
Perhaps Jack has been delayed by other circumstances. He is still going to post a commentary of the FOMC bars on the 18th I believe. I think we have all of the pieces required in order to gain complete facility of the system if we work together, which is why I suggested doing a run through [12-17]. If you guys could post your EEs for the day I would appreciate it, we can compare and discover any errors we might be making.