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Attached. Some of you may find the last hour or so of Today's Chat Log useful for review or clarification. - Spydertrader

I'm happy to discuss questions here from individuals willing to learn. I did not get the impression you had that goal. Thank you for the clarification. The icons I place on the charts are in response to a request made of me in the ET Chatroom. The icons do not represent all trades I make...

You have incorrectly interpreted the instructions given with respect to locating an FTT. Whether this misunderstanding resulted from you failing to read directions, lack of reading comprehension or my own failure to communicate, I cannot say. In my response to mephisto, I recommended three posts...

I apologize for interrupting the "Lost Arch" discussion. I should not have responded, and simply let things slide. However, I am happy to provide you with the assistance you requested. These posts explain what is the FTT. It's quite simple, but takes some practice to catch in real time...

A few I am keeping my eye on ..... BITS CTRN ININ OMRI SIM SIRF SMSI XING and for something only slightly outside the box ... TWPG - Spydertrader

Attached Chart.

1. I never said I am "in the market, all the time." In fact, I stated the exact opposite. I do not yet have the skills to perform SCT. However, I can trade from an FTT to another. 2. I don't post "all the time" to this forum either. I have taken the time during a FED day to respond here to your...

Actually, many of the channels (thick lines extending into the previous day) are drawn in an entire day in advance. I've explained this all before. In addition, I normally include the time clock in the screen shot. Comparing the time of the screen shot with the upload time of the post leaves...

1. Select the period of consideration: the long term (months to years), the intermediate term (weeks to months), or the short term (days to weeks). 2. For an uptrend within the period of consideration, draw a line from the lowest low, up to the highest minor low point PRECEDING THE HIGHEST...

Ok gerry, you've made your point. However, I have full confidence in those that follow these threads. They have the intellectual capacity to figure out on their own what works and what does not without the aid of your generous "help." While I applaud your altruistic motivation to "look out...

We start with patience, and within this context, we determine first what wasn't that. Markets rarely move in a straight line from one point to the next. Zig-Zag, Stairstep and Pullback represent a few of the names given to this phenomenon. In our vocabulary, we have named these events CCC...

Today wasn't a normal day - other than a typical tight range for one day prior to an FOMC Announcement. Still, the market provided some nice moves early on. As a matter of fact, I do. I spend half the time laughing at the silliness which often takes place in ET's Chatroom while maintaining...

Today's ES Chart

I would have drawn in the channels the same way as you have shown. However, I think Jack used those .gif files simply as a teaching tool. To avoid confusion over "How can a Point Three also make a Point One," Jack only used two distinctly different trends for his examples. I'm sure Jack could...

Thanks for the kind words, but the real credit belongs to traders, such as yourself, who share their efforts here on a daily basis. In case anyone missed it, Click Here to read another post from Jack where he describes, in great detail, how one should view the market. Instead of the 'gambling...

Next year (2007), I plan to split off the futures Discussion in a separate Journal from Equities. Although the two methods do overlap, having two different threads should minimize any confusion for those at different points on the trading education continuum. - Spydertrader

For those who have had some difficulty with drawing channels, you might review the Channels for Building Wealth v2.2.pdf. In addition, Jack describes the channel drawing process, step by step, in DbPhoenix's Determining Trend Thread linked by Nwbprop in Journal One. I recommend reviewing the...

Here's one. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1291652> See also: GROW, IAAC, NVEC, YM, ER2, ES, EUR/USD Any market, Any timeframe (provided sufficient liqudity exists). - Spydertrader

Draw in Some trendlines using the methods Jack described. Observe Volume changes (gaussians as Jack calls them) and watch for the FTT (Failure to Traverse). With some practice, "to difficult" transitions to "rather reasonably." Good trading to you. - Spydertrader

Uh-oh. Goochmiester loves The NVEC. Back up the truck baby!! Make no mistake, Cramer calls Gooch for recommendations! :D - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1291020> Booh-ya!