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    Spydertrader's Jack Hershey Equities Journal II

    I continue to hold all shares of TRLG. - Spydertrader
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    Spydertrader's Jack Hershey Equities Journal II

    Actually, you do use pivots, but probably never thought about it in such a way. Channel lines are nothing more than dynamic pivots. - Spydertrader
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    Spydertrader's Jack Hershey Equities Journal II

    Qcharts automatically places them onto the chart after the open. I have both daily (grey arrow) and weekly pivots (unseen on chart) placed on my charts. I think Quotetracker also has daily pivots. Check your charting software to see if they come with the standard package. There are several...
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    Spydertrader's Jack Hershey Equities Journal II

    I had daily support (S10) pivot showing 19.04 on my chart. In case somebody decided to gun for stops at that level, I wanted to be just outside that range. Since price for TRLG showed $19.52 USD at the time (it might have fell to $19.50 by time I actually typed in the order), I set the trailing...
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    Spydertrader's Jack Hershey Equities Journal II

    I had to leave the house this morning shortly after the open. As a result, I set a trailing stop 50 cents below the last price at the time ($19.52). Even though price dropped significantly during the period I could not monitor the trades, my trailing stop never triggered. I continue to hold all...
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    Spydertrader's Jack Hershey Equities Journal II

    I only remove a stock from the Final Universe for "Failure to Maintain Rank." Once an equity loses its rank, I wait until the end of the month before deleting the symbol from the Final Universe. The only other way I remove an equity from the Final Universe results from a merger or acquisition...
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    Spydertrader's Jack Hershey Equities Journal II

    Looks to me like he tried to grab an early entry on Jack's 'Bruno R' set up. Perhaps, he thought the additional risk (not waiting for confirmation) was offset by the improved reward (getting in his boat before the tide began to rise)? At any rate, if price starts to head south in a hurry, he can...
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    Spydertrader's Jack Hershey Equities Journal II

    The chart I previously posted did not contain today's market data. I have attached an updated chart below. Perhaps, you might view the updated chart differently. When we see increasing price (turquoise arrow) together with increasing volume (pink arrow) we anticipate a continuation of the...
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    Gentlemen, Start Your Engines!!

    FX Networks plans to broadcast Qualifying for The Aaron's 499 Nextel Cup Series Race from Talladega Super Speedway - on Saturday at 12:00 PM Eastern Time. This weekend's racing schedule: Formula One Off Week Nextel Cup Aaron's 499 - Fox Sunday 1:30 PM Eastern Time Busch Series...
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    Spydertrader's Jack Hershey Equities Journal II

    I have attached a daily chart (Chart does not include today's update) for TRLG with slightly different channels drawn in compared to the previous chart posted. I have watched this stock for several days creep higher in Price, but without the aid of any volume. Once I noticed an increase in the...
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    Spydertrader's Jack Hershey Equities Journal II

    I added 200 more at $19.38 USD. - Spydertrader
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    Spydertrader's Jack Hershey Equities Journal II

    I added another 200 shares onto the TRLG trade at the 19.49 USD price point. - Spydertrader
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    Spydertrader's Jack Hershey Equities Journal II

    As TRLG just exceeded calculated FRV levels, and Stochastics (14,1,3) currently show an 'intertwining' above the 80 level, I Plan to hold TRLG at least until tomorrow. I anticipate an exit when Stochastics (14,1,3) falls below 80 on a daily chart. - Spydertrader
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    Spydertrader's Jack Hershey Equities Journal II

    Purchased 200 shares of TRLG this morning. I plan to add on if price heads higher. - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1051236>
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    Question for Grob/Hershey...

    Just an FYI for those of you experiencing IB problems with the Excel DDE ... http://www.elitetrader.com/vb/showthread.php?s=&postid=1051166#post1051166 - Spydertrader
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    Spydertrader's Jack Hershey Equities Journal II

    Final Universe News to consider. - Spydertrader
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    Best stocks for daytrading

    HANS & TIE
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    Gentlemen, Start Your Engines!!

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1050943>
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    Spydertrader's Jack Hershey Equities Journal II

    Excellent Trade. Keep up the great work. - Spydertrader
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    Spydertrader's Jack Hershey Equities Journal II

    On the (attached) 30 minute TASR chart, I assume you purchased your shares after the 10:30 AM Time Frame (red circle) based on the volume numbers you provided (orange arrow). If so, you simply experienced a False (Failed) Break Out (FBO). Using the Low Band Dry Up (LBDU) numbers for an entry...
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