I agree with Gooch. It was a pleasure to meet everyone at Las Vegas.
Thanks Spydertrader for all your hard work and tireless explanations of the markets behaviours.
Fahad
I have been following Spydertrader's threads from about October 2006. My overall trading has greatly improved as a result of Spyder's work.
I did not participate much because I used the methodology to trade the Kuwaiti stock market.
There are many threads on ET with great traders...
Thursday's chart. I show two major down channels on the chart. I had doubts whether to fan upwards the point 3 of the first down channel (red color) into the second down channel's point 3 (brown color) or keep as it is and draw thick gaussians for each channel separately.
Attached is my monitoring effort for Monday. I have extended Friday's last downward traverse to Monday's chart.
I have also kept the last 5 bars from Friday's chart on this chart to better show my view of Monday.