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    Price/Volume Relationship

    Get this through your head. Price cannot move without either 1. Volume eating away at resting orders on the Current Bid / Ask pair, or 2. Those very same orders are 'pulled' out of the queue (a combination of these two also exists). Without such action occurring, Price does not change. Again...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Replay the Price Action in your mind for this bar. (BTW, News made an impact here - ISM report). Price moved downward, formed, what appeared to be an FTT, broke through the High of the previous bar, and appeared to form a Point Three Up channel. Price then reversed headed back down through the...
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    Spydertrader's Jack Hershey Futures Trading Journal

    I do have plans to discuss this before posting about the Final Exam. Hopefully, you'll see this very soon. - Spydertrader
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    Spydertrader's Jack Hershey Equities Trading Journal III

    I pointed out the missed Pennant to show why Volume moved into a B2B cycle at that exact point in time. You'll cross the important information with regard to formations when you reach September's posts in the Futures Journal. Also covered in the Futures Journal. This is only part of...
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    Price/Volume Relationship

    On the ES, when the DOM shows 1200 x 400 (Ask / Bid), please share with the class how Price moves without 1. Volume eating away at the price level, or 2. Pulled orders (Volume) being removed from the queue (or a combination of the two). Price cannot move forward unless or until Volume at the...
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    Spydertrader's Jack Hershey Equities Trading Journal III

    The chartscript waits to draw the 20% lines (thin blue) until Price pulls back off the recent high. As a result, the actual run in Price isn't set until the day after the Price run. - Spydertrader
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    Spydertrader's Jack Hershey Futures Trading Journal

    No secrecy at all. Tiki wanted to try and figure out the answer on his own before I posted it. Nothing more. - Spydertrader
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    Spydertrader's Jack Hershey Futures Trading Journal

    Nope. And FYI, It's "M / W" or neither, and not, 'M' or 'W' or 'Neither.' In other words, M and W fall under one catagory. The rest represent another category. - Spydertrader
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    Spydertrader's Jack Hershey Equities Trading Journal III

    Since the indicators used represent some derivative of Price, we can agree that they lag (somewhat) the price Action itself. As such, any 'gap' in Price becomes 'baked into the cake' (so to speak) for a period of time - often affecting the indicator in question. As I posted above, if you think...
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    Spydertrader's Jack Hershey Equities Trading Journal III

    I 'fan' my channels while 'recycling' the Point Three. Others re-use their Original Point One. See attached. - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1699274>
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    Spydertrader's Jack Hershey Equities Trading Journal III

    Nope. You need to 'fan' your channels. See attached. In addition, you left out a Pennant (light blue) Break Out - which created the B2B Gaussian. FTT's form Point One's or Point Three's. Jack has always viewed FTT's as always forming Point One's. Price moves Higher on Increasing Black...
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    Spydertrader's Jack Hershey Futures Trading Journal

    The Free Hosting Company (in this example 4shared) probably deleted the Account after a specified period of time. As such, the files were most likely deleted. Perhaps, someone has a copy that could direct you to its new location. - Spydertrader
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    Spydertrader's Jack Hershey Equities Trading Journal III

    As mentioned in this post, and outlined in this post, I often scan the entire stock market, and not just the stocktables.com list. Dry Up stocks do not equate to 'Bruno R' Buys. You need to run your Dry Up Scans against your Final Universe, or use an 'eyeball' method to gauge which stocks...
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    WHICH-Day Trading Stocks or Futures?

    Seventeen paragraphs, and still no response to tradernik's' Questions. You want to impress people? Speak less about your airplane, and more on the questions they've asked. Otherwise, you come off as having reading comprehension issues at best, and having something to hide, at worst. -...
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    Spydertrader's Jack Hershey Equities Trading Journal III

    Final Universe Additions ATV BCSI BONT SOLF Final Universe Deletions ARGN ASIA ENG GEOY GMCR GMKT MLNX RATE Current Final Universe ANW ATV BCSI BHS BKI BONT BPHX BTJ CALM CHDX CMED DBTK DRYS DSX EMKR EMS ESEA EXM FMCN FTK GIGM GLNG GRA GRRF GSAT GSOL HMIN ICOC JADE JASO JRJC KMGB...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Where one chooses to draw their 'lines in the sand' depends much on individual psychology. In other words, exiting on a break of the RTL (irrespective of Volume Levels) locks in profits, but causes the trader to 'miss' the FBO's which increase profits. On the other hand, holding when decreasing...
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    Spydertrader's Jack Hershey Futures Trading Journal

    2:15 bar - Never Leaves the channel. If Price never leaves the channel, you can't have a BO. Price bounces off the RTL in real time. If Price forms a DOM Wall on a trend line, then a trader should be able to reverse at such a signal quite frequently. 2:35 bar - Price exited the channel on...
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    Spydertrader's Jack Hershey Futures Trading Journal

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1698060> Nicely done. Keep up the great work. - Spydertrader
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    Spydertrader's Jack Hershey Futures Trading Journal

    11-30-2007 ES Chart - Spydertrader
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    screw the futures, S&P will finish LOWER friday

    I wonder if everyone who gave you shit this morning plans on returning to offer their congratulations if the market keeps heading lower .... - Spydertrader
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