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Attached, please find Today's ES Chart. - Spydertrader

I apologize for not answering sooner. We had power outages here all morning. When Price returns to the previously vacated channel, I wait to see if price will 'respect' these old boundaries. When price does 'respect' the old channel, I leave the trendline intact. If price ignores the old...

Yes. :D

Point 2 (left [upper] trend line) - 11/29 10:10 AM (Volatility Expansion Line) Point 1 & Point 3 (right [lower] Trend Line) - 11/28 12:25 PM & 13:05 PM respectively (Volatility Expansion Line) I carried over both lines into the next days trends as price had continued to 'respect' these two...

Yes, you can trade any stock at any time. This policy simply falls outside the 'beginner methods' as outlined in Journal One. Throughout both Journals numerous examples exist of traders who utilize the basic premise of the Hershey Methodology, but implement their trades in often widely different...

Hope this works .... Edit: Ok, I apologize for the delay. I have no idea why the charts failed to upload in the first three attempts. Thanks to everyone who provided me the heads up. - Spydertrader

Another example of the FTT in Equities ... <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1281233>

Attached, please find today's annotated ES Chart. Note the thick Blue Trend Line started two days prior to today (I shortened it in the chart snippet above to avoid confusion). - Spydertrader Edit: Evidently, I mucked up the scren capture of the chart. Hopefully, I have now corrected the...

Nope. All that extra stuff is SCT. Forget all that for now. Put it all away. Learn to draw the channels and find the dominant trends (point three formation). Locate the FTT's within the trends and follow instructions above (in previous post). This is how one learns to trade both equities and...

What follows remains a fundamental truth to any market with sufficient liquidity on any time frame. When you have an FTT, only three possible outcomes can occur. 1. Another FTT (in which case you reverse), 2. an FBO (in which case you exit, or reverse depending on market conditions) or 3. a BO...

Once I have 'Average Dry Up' calculated, I use statistics to capture the Low Band and High Band Numbers. Simply look at the chart script code for the math behind these calculations. {Dry Up Calculation} AVERAGEDU:= (DU1+DU2+DU3)/3; curVol := VOLUME(Barcount-1); DUBand :=...

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1280951>

Type any symbol from the Final Universe into The Hershey Chartscript and look for the thin blue lines in the price pane. Each blue line represents a 20% (or more) price run. These would also represent the 'best' opportunity. Also, you might check the end of Journal One. I listed all trades from...

For a moment, forget we had that half day of trading which created the short black volume bar. Imagine, if you will, a much larger volume bar - slightly higher than Monday's Volume Bar (and most likely also red instead of black). You would then see decreasing volume (red) over the four days with...

I'm sure you meant babble. However, if you look closely, you'll notice the person to whom you responded doesn't have the same username as Jack Hershey. - Spydertrader

Nice trade on GMXR guys. - Spydertrader

Attached, please find today's annotated ES Chart. Icons added on request. Many of these trade set ups were discussed in the ET Chatroom today. See Chat Log for varification. - Spydertrader

Atatched, today's ES Chart .... - Spydertrader

GMXR first caught my attention last night as one of only two Dry Up Stocks for today. As I watched price cross the 20 SMA (30 minute chart), GMXR began to look interesting (around the $41.50 USD price point). Tradingbug and I discussed GMXR early this morning while chatting in ET's Chatroom. At...

Final Universe Update Added OMRI to the Final Universe this evening. - Spydertrader