Search results

  1. R

    Spydertrader's Jack Hershey Futures Trading Journal

    Probably more. A lot of the people that never chime in are the ones that actually do the work. RT
  2. R

    Spydertrader's Jack Hershey Futures Trading Journal

    My view is that, when trading the forest level, one should only have to rely on the 5m chart with PRV, intrabar V, and end-of-bar V. Some might think different, but I think if one can't trade the coarsest resolution profitably EVERY DAY with only these tools, one shouldn't bother moving on to...
  3. R

    Spydertrader's Jack Hershey Futures Trading Journal

    There are occasions where the a point 3 is established, but an FTT for the new channel occurs in the same bar. The next bar sees a BO of the channel. It's easy to be on the wrong side when this happens. There are other times where a point three is being established intrabar, but we don't...
  4. R

    Spydertrader's Jack Hershey Futures Trading Journal

    Edit: my purple down channel towards the beginning of the session is incorrect. It should not be there, as the first down tape it contains did not take out the lowest value of the previous down tape. RT
  5. R

    Spydertrader's Jack Hershey Futures Trading Journal

    Spyder, your point is a good one. Right now, I don't want to even think about decision making inside of a 5m bar. To keep it simple, let's operate with our 5m bars, 5m volume, and 5m PRV. I think what you're saying is that down at this level where I would take the short intrabar, to reverse...
  6. R

    Spydertrader's Jack Hershey Futures Trading Journal

    Ok, I think I've posted something similar before, but this action tricks me in real time so I'm looking for the best way to analyze this. In the attached snippet, notice how we get a down tape with an RTL BO on dominant volume. To me, this looks like we are now going to shift direction into a...
  7. R

    Spydertrader's Futures thread

    Spyder, why do you even bother responding? Who cares about these comments? RT
  8. R

    Spydertrader's Jack Hershey Futures Trading Journal

    meaning, failure to break out of the RTL to the downside. Let's put ourselves right after the close of the pennant breakout bar. A new pennant is starting to form on low volume. If we are to think what is possible to occur next, we have the following: 1) we might see a hitch, stall, or...
  9. R

    Spydertrader's Jack Hershey Futures Trading Journal

    whoa I just got caught of guard. Please take a look at the attachment. Notice how we just had an FTT in our current uptrend, followed by a shift in dominant direction to down (R2R in volume). As soon as I saw PRV stabilize to R2R, I reversed short. The beginning of the next bar started with a...
  10. R

    Spydertrader's Jack Hershey Futures Trading Journal

    I found the morning up move very easy to pick out. The sideways movement aftwerward was / is tough for me. Price seems to crawl to a stop and then makes sudden jerky moves that are hard to follow. RT
  11. R

    Spydertrader's Jack Hershey Futures Trading Journal

    Here's my view of the day. RT
  12. R

    Spydertrader's Jack Hershey Futures Trading Journal

    Here ya go. RT
  13. R

    Spydertrader's Jack Hershey Futures Trading Journal

    Ivo, I have that down move as a single tape. It's a really wide tape though. I thought the following upmove would be a non-dom retrace of the down-trend, but we had a B2B suggesting a new up-trend. Just gotta be on guard that not every pattern completes as a pt. 3 channel. RT
  14. R

    Spydertrader's Jack Hershey Futures Trading Journal

    Looks like we had an FTT on our downtrend. RT
  15. R

    Spydertrader's Jack Hershey Futures Trading Journal

    Here's my chart for the day. Didn't do it in real-time though. RT
  16. R

    Spydertrader's Jack Hershey Futures Trading Journal

    Awesome, nice going man! RT
  17. R

    Spydertrader's Jack Hershey Futures Trading Journal

    Here's how I saw the day. Have a great Thanksgiving everyone! RT
  18. R

    Spydertrader's Jack Hershey Futures Trading Journal

    Very interesting... very interesting. I was also pondering if at some point of study, one could trade by focusing on volume first and price second as confirmation. Not that it's of any significance, but would demonstrate the "rewiring" of the brain, as you put it. RT
  19. R

    Spydertrader's Jack Hershey Futures Trading Journal

    Here is my final chart for the day. The annotating is becoming more intuitive, with channels and gaussians synching. As a result of keeping in line with BOTH P and V, I can actually see FTTs and turns 10 - 30 seconds before they actually occur. Today, at least, was like shooting fish in a...
  20. R

    Spydertrader's Jack Hershey Futures Trading Journal

    Do you guys still hang out in the chat room? RT
Back
Top