Search results

You are most welcome. Remember, we aren't quite yet to the point of 'trading' off data elements. We simply want to learn to differentiate continuation from change. To take your example one step further, once you see the above 'Price' signal for change (one data point), one then looks for an...

Pretty Cool. Thanks for sharing. - Spydertrader

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1616152>

As one looks at the forming bar and 'sees' a Pennant Forming, one need not have concern. In this particular example, you have an uptrend with a Volatility Expansion followed by (what appears to be in real time) a Pennant Formation, up until just before the close of the bar (where Price tics...

More of ET's finest contributors providing high quality content. - Spydertrader

Another addicting game. - Spydertrader

Busch Series <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1615541>

Glad to see this policy exists. Of course, it might be better to actually enforce it as well. Jack H. guess what ??? Jack Hershey, international man of mystery Are the Jack Hershey threads simply toilet reading? The delusional trader Is Jack taking a year of traders lives Is there a...

Busch Series <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1615457>

<a href="http://www.vote756.com"><img src="http://www.vote756.com/marcecko/banners/banner_300.gif" border="0" /></a>

Hopefully, you've noticed when one shifts their mindset towards 'sweeping for formations' while monitoring, one arrives at a place where far fewer 'flaws' exist. Hence the reason, several months back, I advised 'don't worry about it' when everyone clamored for more information about flaws. As...

Thanks again guys. For all those folks who would have never looked into reading the Journal, I thank you for the best salesmanship ever seen on these boards. You've driven more people to the thread than anything Jack has ever posted. Could you start a few more Jack / Spydertrader bashing...

Gooch87 used to trade Equities looking for a Pennant BO on a five minute fractal. Send him a PM, and maybe he will articulate his thought process here. He now follows the ES (Futures) Journal exclusively - trading the ES before work. - Spydertrader

Cup Series <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1614821>

Bingo. - Spydertrader

I have my 'pages' set to 40 posts per page. As a result, I do not have 856 pages, so a link to your post, or a screen shot of the exact bars referenced would help a great deal. Until then, maybe this will help (maybe it won't, but I hope it does). A Pennant forms on decreasing Volume. As a...

If you draw in the formations as soon as the second bar in the formation develops, you'll easily see the market has paused to ask you, "Are you sure you are on the right side of the market?" One needs no other tools, but the ES chart and PRV, to see this phenomenon unfold. While inside the...

09-21-2007 ES - Spydertrader

Link to answer. - Spydertrader

The Futures Journal contains many discussions on Gaussians, as well as, how the Gaussians allow the trader to anticipate continuation vs change. R2R and B2B indicate change. However, how the B2B or R2R materializes allows a trader to know in advance that change is on the horizon (even before the...