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More nice surprises. http://www.elitetrader.com/vb/showthread.php?s=&postid=1369781&highlight=Pugliese#post1369781 :)

Still on the search for a common thread among traders. I really like the idea in Spydertrader's Journal on how to enter and exit the trades using channels. For now, I'm still not quite sure if the stock has to be over $10 to profit from the channeling method with gaussians. From what I've...

I just did a quick search on the internet and found out a site that states that the co founder and vice-president of Peter Beck's Swift Trade is Charles Kim, author of "perfecting the art of day trading". This must be the same Swift trade because someone earlier mentioned about Beck. I...

Is this the same Swift Trade that Charles Kim wrote about? If it is, I'm just wondering if majority of the trainers teach something similar to what he wrote in "Swift Trader". If so, how consistent is the training? How often are the trainers updated with new information?

Would 55.44 be the bounce for BIIB already? (0.618 of 55.78 high and low of 55.20 is 55.42) If that doesn't hold, the next support level I see is: 1.618 = 54.84 2.618 = 54.26 3.618 = 53.68

Any comments on this stock that is below $10. Would Gaussians apply to a stock like this?

True. I'll try my best to concentrate on channels for building wealth first. My 14 year old son wants to learn more about stocks this summer. Those video links you provided will most likely make his learning experience easier. Thanks again. Ares

Here's a drawing of how I see things so far.

Thanks Elite Trader for all the help. Nkhoi, those video links really makes learning easier. The volatility expansion with a volume spike seems similar to the volume exhaustion that I saw on the puretick video. It seems to coincide with John Bollinger's momentum low too. The wolfe...

Thanks for the quick response nkhoi.

Do you have a video link on Gaussians too?

Thanks again nkhoi. The video links really does speed up the learning curve. Just like bundlemaker, I guess I was too hyper. I wanted to learn everything all in one day and tried to combine the different methods I've learned in the past. Nice video bundlemaker - applaud.

Thanks for the video link (bundlemaker) on Spydertrader's futres journal nkhoi! It's an awesome video. I may not need fibonacci anymore:D

I am just wondering if any of you combine Fibonacci with chanelling (Jack Hershey Method)? I'm still in the process of reading Spydertrader's Journal and the links attached to it. What I recently did was get the high and low of the previous day, and calculate the retracement from the high...

15 minute opening range High = 7.70 Low = 7.56 Based on a 7.79 High and a 7.56 Low, This is what I got for the Fibonacci retracement. 0.382 = 7.70 0.5 = 7.67 0.618 = 7.64

a higher high may surprise shorts.

I'm happy for you. What other indicators did you use with it?

I would have looked at BigBubba's chart as a wolfe wave pattern too. I'm still gathering information to what a proper wolfe wave is (because so many people seem to define it differently). Does the upper and lower channel lines HAVE to converge?

Thanks Mike for your recent comment. http://www.elitetrader.com/vb/showthread.php?s=&threadid=83605&perpage=6&pagenumber=241 The more we know, the more we know what we don't know. Out of respect to Elite Trader, here is and edited post from another site about my background. "As a...

Thanks Mike. I will open a thread named Ares in the journal forum so that I will not clutter Spydertrader's thread. Currently, I'm trading on paper (and sometimes for real) the strategies I'm already comfortable with. I am really interested in the method that is being discussed in here...