Went long on bar 3 and bookmark appeared on bar 4 so was wash reversal short. R2R of then short occurred on bar 8 as sub after BookMark. So long on bar 8 Pt# was bar 13 so reversal is soon to happen. Testing regions are set at this point. (bar 2o) turn will be bar 21 to go short. then assure no bookmark.
For all skimmer type readers. read a little then go back to the top and read. grasp the topic thoroughly. In moct posts that are calls as was my post, there is a preamble to the call. In trading the preamble has a name. Get a color of majic marker and always use that color to hi lite the preamble. In trading the preampble is called CONTEXT. The other color marker you use exclusively is the CALL color Good luck
In the primary OOE the TI's (bars 25, 27 mark the way to the end of the first move Pt2, P2 (as a P,V vector pair) we are holding the trade to get to the last move. I call that the last move is several bars out; have a smoke.
the red box is a lateral;now it is five bars long and only thefirst bar was annotated. Now the call part. we still need to find pt2, P2, then P3, T2 and following that an FTT, P3 pass. OB count as two events.
notice we have been in a short and the market has "slowed down". #4 became the end of the first of three moves of the short hold. Now the call part. We will exit and simultaneously reenter long @ the FTT of price and the P3 of volume. To do this we will do the OOE's of the subfractal of the last trend move. To get the first point of the sub (pt3, volume has to be between the volumes on bars 32 and 34. This is a call for pt 3. Look at bar 36
that was fun. bar 36 did not pass the criteria of the test procedure. It was written down as the logging took place. So bar 36 is a new P2. In the pattern after point 2 their is a non dominant move. It is called a retrace. We are in the retrace now on bar 37. It is important to know the difference between a retrace and a reversal. this post illustrates a retrace now.