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Someone talked about SNCR last week (I think it was). Nice trade. - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1486534>

See Attached. I have a channel (Pink Lines) drawn in slightly different than your (thin lined) Orange Channel. The different slopes of our two channels create how we both viewed the Price Action at that time. The first red bar in my chart creates a Left Trend line bounce. As a result, I cannot...

If anyone had difficulty with the afternoon HVS, I briefly discussed a walk through of the process in today's ET Chatroom. The conversation begins around 3:28 PM. If anyone still has any confusion surrounding an HVS, please let me know. - Spydertrader

The Green arrow should actually point to the black bar (one bar to the right). I was in a hurry at the end of the day. Sorry for the confusion. The colors (of the Price Bars) are simply reversed from what we normally see on an uptrending Dip. - Spydertrader

05-31-2007 YM Chart - Spydertrader

05-31-2007 ES Chart - Spydertrader

Updated Racing Schedule <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1485716>

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A few people wondered why I had Price crossing a Red and an Orange Trend Line today (See Attached). Both Channels began on 05-23-2007 and continued until Price breached their respective RTL's today. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1485437> Note how Price...

05-30-2007 YM Chart - Spydertrader

Four words you don't want to hear at 9:40 AM Eastern Time, "Poncho cut the Cable!" Thankfully, the Lawn Crew Supervisor purchased a "Cable / Satelite Repair Kit," fixed the damage from Poncho's Weedeater, and re-buried the line. Señor McGyver had me back up and running before noon. See...

Minutes from the May 9th FOMC Meeting released today at 2:00 PM Eastern Time. - Spydertrader

As soon as I watched the 9:55 Bar bounce off a small DOM Wall and then turned into decreasing black Volume on a PRV basis. I do not recall the exact time. Not all flaws show significantly less Volume than the previous bar. If they did, we wouldn't see so many people have difficulty...

I own two of these. Never had a problem in 18 months of ownership. I use the original stands. They move in any direction needed. - Spydertrader

Mini-Glossary Level I - Tapes (leaves) Level II - Traverses (limbs) Level III - Channels (Trees / Forest) MADA - Monitor, Analyze, Decide, Act Translation - Continuous Price Movement in one direction across Bid / Ask pairs (Tic Chart) LSL - Long, Short, Long SLS - Short, Long, Short...

05-29-2007 YM Chart - Spydertrader

05-29-2007 ES Chart - Spydertrader

The Sweeps Document refers to Futures Trading, not Equities. - Spydertrader

I didn't like JADE when you posted the question (gapped at the open), but have kept my eye on the 30 minute just in case the gap fills and we see a turn. - Spydertrader

Then you need to immediately change this mindset. This type of thinking unknowingly places a hurdle in front of your progress. I'm not one of these 'New Age', touchy-feely, sit around the campfire singing Kumbaha, Oprah-watching type of guys, but you cannot create your own obstacles to success...