Recent content by buffalow

Thanks, that helps explain it. My pt 1 is the week before yours. I guess slight differences in the weekly fractal can make a pretty big difference when viewed on the daily. -Buffalow

Aurum, I'm having trouble figuring out what the RTL of LT up channel is based on. Are you calling yesterday a point 3? Because I don't see a LT point 3 that's already been formed. Just wondering and looking for the BO in any case. -Buffalo

Hey Huskeydog, I'm just a beginner with this, but I marked up a different channel orientation than what you had - I used all pink for my annotations on the chart you posted. It looks to me like the dominant traverse of your blue channel was completed at the time of an FTT in my Long pink...

I have this problem as well. I was in and out of NVEC twice yesterday for washes because of my interpretation of the 5 min chart PVAD. Had a little talk with myself as a reminder that the Hershey Method is about DAILY time frame cycles. Today's rule for me was: EOD and 30 min fractal charts...

PKTR may be worth watching.

My Watchlist of stocks in DU for Friday, 1/12: GIGM, HWCC, MIKR, XING

I was assuming that was their purpose but I figured others performed detailed annotations with their own charting software and I was the only one drawing on top of those charts.

As a matter of fact, tonight I did not run the scan. Had I run the scan, I'm sure these two stocks would NOT have been identified for tomorrow. Since, I'm a beginner with the Hershey Method, I opted to simply review charts in Wealth-Lab of all the current Final Universe stocks to practice...

I missed that both CTRN and SIRF no longer have a rank. Thank you for pointing that out. Do you refrain from trading Final Universe stocks (not tenured) immediately when they fail rank? I thought they would still be considered as daily price fluctations may bring them in and out of the five...

-------------------------------------------------------------------------------- Quote from Huskydog: I have the following in DU for tonight: BITS COGO DXPE GIGM NVEC XING -------------------------------------------------------------------------------- Hmmm. In addition to the list...

Regarding the Camtasia videos on the traderuniverse website, does anyone know if an index exists which identifies the topic(s) covered in each recording. I have viewed several files, but have yet to come across coverage of Rockets and would be very interested in that information. -Buffalow

Spydertrader, thanks for your explanation of the trailing stop method. I agree completely on preventing a winning trade from turning into a loss. Very nice trade and nice job on getting out early yesterday. I also allowed the thought of a tight stop causing me to miss the next leg creep...

I'm wondering how you arrived at this price for your stop. I'm going to be away from the screen tomorrow and have been debating whether/where to place a stop order. I hate the thought of getting taken out on a quick dip only for the price to quickly recover - which is why I normally use 'mental...

Yup, it's January 17th. I was off one week. Sorry for the confusion.

I got in NVEC a little late, too - just below $30. I noticed they're scheduled to announce earnings after the close this Wednesday - just a heads up for anyone else who may have entered today. SIM appears to be in dry up again today after touching the LTL yesterday. Maybe a good one to keep...