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    Spydertrader's Jack Hershey Futures Trading Journal

    Just to make sure of my own sanity, is it me, or did my questions remain ignored and unanswered? If I am no longer welcome here, please just say so, and I'll shut up and leave. I know you're giving freely of your time, but then again, so are all of us. I did ask several questions, and...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Bear, This is just my point. I can draw the channels, and I can see the PV after the fact. I can see everything, after the fact. Beforehand, it's all just guessing. To me, in my experience, it's guessing. And so far, no one has explained, in a way I understand, a way to NOT guess.
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    Spydertrader's Jack Hershey Futures Trading Journal

    I believe I did, and like so many other questions I have had, the answer I recieived was "enough screen time will show you", or something to that effect. Honestly, 9 times out of 10, I still can't tell you what the YM is telling me. 9 times out of 10 I still don't understand what I'm doing. 9...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Spyder, It's not just me. In the last couple hours I have recievied no less than 4 pm's saying how much they appreciated me articulating these thoughts. I am nowhere's near lone on my mis-understanding. I invite you to show us all how You can know. THe bottom line is many of us are...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Pepe, I appreciate your words. I want to emphatically say my post was NOT about execution. It was one example of what I call a logical hole. I wouldn't push on this, but frankly I've received a number of PM's saying they were too chicken to push. Moreover, Spyder has made it absolutely clear...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Spyder, On numerous occaisions, (chat, PM's, thread, Tucson) I understood you to say it was NOT possible to know you had a flaw until the next bar completes. I believe you also stated this same situation with identifying FTT's. The first example of where I can quote you is on 5/3/07 when...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Two serious questions: If you can't know it's a flaw until after the fact, what good does it do you? Please forgive the derisive sounding nature of the question, it's not meant to be. I actually feel a bit foolish taking so many months to be able to even realize it's a question I've had...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Hopefully this falls into the category of flaws and lateral phenomena. In bar to bar mode (distinguishing change and continuation) I have created a rule of thumb that is still in the making. I'm wondering if I've invented something that will lead me astray, or if this has valididty. Let's...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Yes, that's the one.
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    Spydertrader's Jack Hershey Futures Trading Journal

    Let me paraphrase what Spyder has said about this.... The market can NOT move against you. Thinking such is a mental construct on your part. Thinking the market can move against you is a mental state that will hurt you, because your focus is in the wrong place. The market is not your enemy...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Indeed, just to be clear, I'm not even trading at this point, not even simming. When I don't have to consciously think whether it's continuation or change at end of bar, that's when you know for sure it's time to click the buttons (IMHO). At least that's my standard at this time.
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    Spydertrader's Jack Hershey Futures Trading Journal

    While I haven't made it to profitability, I do believe I'm in a new place. It's a place of what an engineer would call unstable equilibrium. That simply means I'm just as prone to fall into incorrect habits as doing it right. I thought that sharing my view from this position might enable others...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Just a genaral comment not directed toward any particular post. It sounds like some may be forgetting how this whole thing is supposed to turn out. You can NOT know that it's an FTT until after the fact. That doesn't matter. You use fine tools to enter at the earliest possible time in order...
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    Spydertrader's Jack Hershey Futures Trading Journal

    I'm getting the distinct impression the universe wants me to wait on posting this (first monitor power switch was wacko, then gold old XP went blue screen, then my IE with the post was sucked into a quantum tunnel). Oh well, I'm stubborn. So....all laterals are NOT flaws. Oops. Did it again...
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    Spydertrader's Jack Hershey Futures Trading Journal

    14:50 was an FTT of an up channel I had drawn. Subsequent to the FTT, the RTL was broke on + volume, but the whole thing ended up being a lateral. I too was anticipating a new forest level pt3. What I'm really trying to sort out is what exactly is the correct context in which to KNOW that pt3...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Indeed. Now, I gotta get off the life raft and onto a cruise ship. :)
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    Spydertrader's Jack Hershey Futures Trading Journal

    Example: At any resolution of monitoring less fine than bar by bar, a *2* will, by definition, provide a signal multiple bars (at least two and as many as the width of the traverse in question) after the change has occurred.
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    Spydertrader's Jack Hershey Futures Trading Journal

    Glad you brought this up. In the spirit of making decisions in the NOW, and NOT guessing, I don't see how you can use R2R or B2B to make a decision, I've come to conclusion that it's more a confirmation tool after the fact. Often as not, as soon as you get a *2*, trend reverses again. And then...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Spyder, The following was my mind set at a particular sequence. My assumption (belief) is that I followed correct procedure, and that my action was as good an action as was possible. I request your assessment so that I can be certain I'm on the right path. Thank you. 15:10 In a lateral...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Talas, This is exactly how I see. You've described the fractal nature of the market with specifics. I have a hypothosis which I am now in the middle of testing: a taped channel will have all (or most) of the noise removed, thereby giving the bar to bar volume histogram an nice stair step...
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