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I added to the ININ position yesterday @ 19.05 on the formation of the pt.3 looking good so far

However the trades goes, I'm pleased as punch. It's a kick to be able to trade off of a channel I drew in almost two months ago and haven't altered since. I was able to establish the channel for the current IT around the end of November. Almost two months later, the price bounces off...

my interpretation of the same chart. I eliminated the point one you have for the start of the IT as it is too long ago and the channel it would have formed became useless. it can be seen as the green channel on the far left. i like to base the IT on a quarter or about 65 bars.

as ININ has confirmed an FTT and BO of the ST down channel, coupled with the bounce off the IT RTL, I am holding through the weekend.

yes, it's certainly not a textbook trade, or anywhere close strictly off the trendlines i am watching it closely :)

a little clarification on the previous post. ININ bounced off the IT RTL which I had drawn @ 18.69, the low price so far for the day however is 18.61 I'm probably early on this, but if it continues to behave I'm looking at a target price around $23.00

ININ bounced off the RTL @ $18.61 in @ $18.80

Yes it can, to set them manually go to alerts and choose column as alert type, the sub window will then offer you additional choices, choose volume and enter the volume level.

Spyder, Once again i wish to express my gratitude for all the work you do to assist people in learning the Hershey Equities Trading method. Your tireless efforts are nothing short of miraculous and, as evidenced by the number of hits these threads get, greatly appreciated by many. I...

just a quick note to throw out some results i have been able to attain through my studies of the Hershey Equities methodology. I have been studying this method for 1 year and trading it seriously for 6 months. I have been able to add 50% to my trading account in the last quarter. I'm sure...

Long SIM @ $19.80

Yes, i await price improvement to enter long. however, in this instance I believe a strong case could have been made for entering midday on Thursday after price had bottomed. As I mentioned earlier there had been some strange trading in this stock and I belive that Thursday was the day that 3...

Sure, that's and easy one! Even though it had broken the channel, it didn't provided confirmation of a BO with price improvement until Friday. I feel I was way late on committing Friday, but that stock had seen some, in my opinion, erratic price movement in the previous weeks due to deals with...

gooch, thanks for a most excellent response! actaully, my down channel was even a tad tighter as my pts 1-2-3 were 11/6, 11/8 and 11/9, so this down channel was completely drawn in a week ago, i just let things fall where they may after that. Every other channel, moving up in fractals...

why slam a trade just because it doesn't jive with analysts views? if there was ever a group tha HAS consistently gotten it wrong, it would be analysts. Though I may cheer them when the herd follows their advice if it helps a stock i'm in and jeer them when their advice causes the...

gooch, why did you choose friday as your pt3 for the down channel? i used wednesday because price began making RTL traverse on that day and continued the traverse on thursday. i'm showing friday as a day that completely breaks out of that down channel. am i choosing my points incorrectly...

thanks gooch. i've been closing all positions EOD as my wife was due to deliver our first child last friday. we're still waiting. today i just said to heck with it and held XING. and sure enough, it looks like we may be going to the hospital tonight. i guess i should have held a...

i did exactly the same thing, got caught in that nasty nasty selloff in TIE, it just looked too sweet to lay off, especially with the volume. result, 2%loss :( i made the loss up in XING, exactly even for the trading day, including commissions

it was a tiny day for those on the long side. i washed on DTLK and made 1.3% on the late afternoon move of FTEK 18.12 entry 18.36 exit 'ol reliable :)

thnaks, but the day isn't over yet, and it looks like cbey is picking up volume rate. i'm not exactly thrilled with the vol in DTLK really, so i'm exitting for a wash.