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    Duref Mudgins Invites Jack Hershey to Reminisce

    Your attempts to continually project your own inadaquacies onto others is duly noted. - Spydertrader
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    Duref Mudgins Invites Jack Hershey to Reminisce

    Silly me. And here I thought creating hundreds of sock puppets in order to post thousands of Hershey bashing threads during real time market hours, as you continue to do, was the ultimate tell of failure. Thanks for providing so many examples. - Spydertrader
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    Duref Mudgins Invites Jack Hershey to Reminisce

    ROFLMAO. Since I posted, you've been handed blotters and a video of a trade using the Price-Volume Relationship, but none of that counts. ROFLMAO. You demand to see an entire trading day on video, otherwise, it can't possibly work. No wonder you continue to fail. - Spydertrader
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    Duref Mudgins Invites Jack Hershey to Reminisce

    I can name at least 12 people who either watched me trade live in person, listen to me trade live over the phone, or heard me call market turns for an entire day. Today alone, 3 different people posted their trade execution reports, or their P & L (or both). Strangely, it appears that you...
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    Duref Mudgins Invites Jack Hershey to Reminisce

    To be clear, you've announced that after reading the posts of various people who trade the methods espoused by Jack Hershey (the same people you refer to in the pejorative state), you developed these methods, which you now want to sell. After telling everyone how you did it for free, why did you...
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    Duref Mudgins Invites Jack Hershey to Reminisce

    Your knowledge represents an incomplete data set. - Spydertrader
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    Iterative Refinement

    Two days ago, Price provided a Formation FBO (from a Lateral Formation). Hence, we see a signal for change. No opposite signal for change signaled from the market from then until peak Volume today. As such, entering short resulted from your failure to recognize the market signal. Congrats on...
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    Iterative Refinement

    Qcharts doesn't allow a trader to set correct Bar Coloration. I posted how one should 'view' a bar color earlier in the Iterative Refinement Thread. That post should make it clear for you. - Spydertrader
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    Iterative Refinement

    Print Out the charts I posted, and look at them closely. Note how the tapes form Traverses in the same fashion Traverses form Channels. One has only two possible choices: Opposing Tapes or a combination of Tapes and Lateral Movement. Wash, Rinse, Repeat. - Spydertrader
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    Iterative Refinement

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1962611>
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    Iterative Refinement

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    Iterative Refinement

    The market had already provided a Point Three (14:20 [close of] ES Bar) Traverse down - confirmed by increasing Volume (14:25 [close of] ES Bar). The market also provided Peak Volume. Do you have continuation or change at this point? All times Eastern. - Spydertrader
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    Anybody trade from their patio?

    I have a Sprint Broadband Card. I use it for a backup connection while at home (in case cable internet goes down), and I made a few trades with it via laptop while riding Amtrak. Data Speed varies based on location, but if you know the coverage areas in advance (if moving), or, if you remain...
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    Iterative Refinement

    Down Tape (14:10 & 14:15 [close of] ES Bars) followed by Lateral Formation (Sym Pennant 14:15 & 14:20 [close of] ES Bars) forms a down Traverse. Next, Price breaks out on, not only, increasing Volume, but also Peak Volume (14:25 [close of] ES Bar). In addition, the YM (14:24 [close of] bar) also...
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    Iterative Refinement

    Once again, we have a Dominant Traverse (pink down) formed by a down tape, and Lateral movement. As a result, the market creates a wider down channel (red) which creates a need for a non-dominant Traverse. Since Price finds itself so close to a Channel RTL, we monitor for the clues which tell us...
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    Iterative Refinement

    Three More Levels of Trends (Tapes, Traverses and Channel). However, this time we see a different example of how the same sequences of Point One to Point Two to Point Three - Lateral Formation. Note how the Lateral formation (a left to right Traverse [when combined with the Green Up Traverses])...
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    Iterative Refinement

    While correct, think along the lines of, 'how channels form' with respect to up, down and lateral movement. - Spydertrader
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    Iterative Refinement

    Nice Trades. - Spydertrader
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    Iterative Refinement

    Whenever increasing Volume arrives onto the scene, always look to see if Price has created a Point Three. Meanwhile, ehorn spent the morning honing his photoshop skills. :D Nicely done guys. - Spydertrader
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    Iterative Refinement

    Three Levels of Trends (Tape, Traverse and Channel) exist in the attached chart. Note the 'signals' of change which develop on each level. Note how the 'sequences' materialize as Price moves from Point One to Point Two to Point Three. Note how the 'Chubby Tape' differs from an actual Traverse...
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