Search results

Sorry. I guess I was jumping too fast. I assumed that you were using fibonacci ( and knew how the extention was calculated). I guess I should finish reading this journal, the book that you sent,journal 1,and journal 2 first. I was just getting impatient (something to do with emotion - my...

Pleas correct me if I'm wrong. As far as I understand, this is how to calculate for an upside Fibonacci retracement: Step1: High - Low = difference Step 2: Difference * Fibonacci number = number to be subtracted from high Step 3: Retracement = High - Step 2 How do we calculate a...

I'd like to see increasing black volume as price goes up. Especially when breaking the red downtrend channel.

:D you put a smile on my face. I have to admit, this is a challenging stock to analyze. I just want to follow up on it. Whoever (market maker) is manipulating or playing around with this must have a basis or indicator that they follow. It may be traditional support and resistance...

Looking forward for comments on the chart.

Thanks for the clarification bi9foot. We were scratching our heads earlier when we were reading the book by John T. Hershey and wondering why the points were different from the video. At least soon, we would be able to talk the same language.:) Ares

Monkman Registered: Oct 2006 Posts: 66 02-07-07 06:58 PM Attached is a chart of RMKR. It looks like a bull flag. Right now its holding the RTL on decreased vol. What we would like to see is an increase in vol to tell us which way this stock will run. Will it be a FTT, FBO, or...

An FTT with a spike of volume - volume capitulation?

Thanks mark1, I just got my laugh for the day.:D My wife and I are currently reading the book by John (not Jack?) Hershey. We think it makes a lot of sense. She said, "it's a revelation". Thanks again Spydertrader for sending that. Ares

I like it Jo. Then again, I'm just a rookie. I just finished watching a video on logical charting. http://www.elitetrader.com/vb/showthread.php?s=&threadid=83605&perpage=6&pagenumber=237 Probably better to ask an opinion from more experienced traders like Spydertrader. I've been reading...

I would like my wife and kids to watch the traderuniverse video too. I closed the file and reopened it from my C drive but it's not opening. Do I have to redownload it everytime?

Very detailed. It looks like I have to switch from conservative to logical charting now.:)

Hi Munck, How long does it normally take to download the video?

Thanks Munck.

PDH = 8.88 PDC = 8.75 Pivot = 8.64 PDL = 8.29

Active in the premarket. For simplicity, I started this thread under it's own symbol. Looking forward to any comments,charts,fundamental changes,etc.

How do I access the Camtasia video?

Thanks for your response Spy. My suspicion has just been confirmed. You mainly base your decision on price and volume (for us that are less skilled) and not on the indicators. A good example was with PRXI. The slow stochastics were on overbought territory yet price continued to go up...

Nice work there Spydertrader. Attached is the way I see PRXI's chart. I was just wondering what you think of those indicators. Looking forward to your response. Ares

It looks like those block trades on the green early this morning were not fasle prints. On paper, In at 8.32 Out at 8.46 (should have offered out at 8.55) I was not in the computer when it broke above 8.55 (didn't want to trade during the dead zone). 3:30ET In at 8.65 Out at 8.77...