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No. It means Beginners look for FTT's, and then, Beginners follow the Rules Outlines previously. - Spydertrader

Yes, well, it annoys the hell out of me as well. :D Feel free to take a run at it, and I'd be more than happy to update the code. In their current state, the automatic trendlines are designed to give an overall 'quick picture' of what is going on. If things look good, then hand drawing in...

In Journals One and Two, I avoided trading any stock which lost its rank. Too often, a stock which lost rank one day would tank within a few days of finding itself benched. However, things work a bit differently in Journal III. While I have still posted the DU Stocks based on the Chartscript...

If you run Hershey Equities Dry Up Volume Scan v. 2.0.0 (Three Month), you might catch some additional DU Stocks. Many traders use both scans. - Spydertrader

I like this one best. Stochastics (5,2,3) have already crossed the 50 line and MACD looks even better. However, we must remain mindful of an FBO resulting from the intersection of the RTL and the 20 SMA. Combined, these two areas of resistance can often stop a price run dead in its tracks. -...

SIM is an AMEX stock, While I have it in The Final Universe for those that follow the Journals, I don't trade AMEX stocks - so I eliminate them from my Watch Lists. As to CTRN and SIRF, check their rank. - Spydertrader

A take on the Old School Missle Command Game. - Spydertrader

I also have the same list. - Spydertrader

Yes.

Let's montor this one tomorrow as well to see where it goes and how the Volume Gaussians develop. - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1322036>

An addicting and Bloody Game - Spydertrader

:D At least, you answered your own question. - Spydertrader

You have described an excellent way to confirm an FTT as the subsequent bars form. However, as you find yourself in the current bar and notice volume begin to slow in terms of pace, and realize the bar cannot get to the last peak volume bar, one should consider at this point an FTT is forming...

Assuming a trader correctly placed the lines on their chart, then yes. A miss by a tic is still a miss. If you think you have an FTT, then it is an FTT until you realize it isn't. Waiting for confirmation is not the appropriate place to be. The market confirms or invalidates the observation...

What prompted you to buy this? Perhaps, a better question would be, what portion of the Hershey Methodology are you following? Beginner? Intermediate? Advanced? - Spydertrader

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1321618>

While HWCC didn't show actual volume exceeding calculated FRV levels by EOD, we did see both Price and Volume improvement. In addition to following SWFT, let's watch how HWCC unfolds over the next few days. - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1321612>

Again, note how the gaussians develop at and around an FTT.

I do not see 'overtrading' as your biggest problem. It is important for you to understand the value of making errors at this point. I have intentionally handicapped everyone by only discussing the most basic tool set at present. Why? Because learning to work through the errors provides a...

That old thinking (as you call it) serves you no good purpose. Set it aside and leave it exactly where it belongs - in the past. As to 'dumb luck' influencing your trade outcome, you know what they say, "Chance favors the prepared mind." Nicely done and keep up the great work. -...