Jack Hershey Method: Channels

[Chicken Little]

Quote from oddiduro:

To clarify a pivot, look for a low flanked by a higher low on each side, or a high flanked by a lower high on each side. Please label your points 1, 2, and 3 based on these criteria. Your charts will look differently.

Regards
Oddi

Thats pretty much the situation here.

 

[tradingbug]

Quote from Chicken Little:

See. You mother fuckers show up and start in on it.

Now YOU know how it feels. .......It sucks when your on the other end of the stick doesnt it?

So you can dish it out but you cant take it? Go cry to someone who cares.

 

[Chicken Little]

Quote from tradingbug:

Now YOU know how it feels. .......It sucks when your on the other end of the stick doesnt it?

So you can dish it out but you cant take it? Go cry to someone who cares.

In this case your is an inappropriate word. It shows what a mullet you are.

 

[tradingbug]

Quote from Chicken Little:

In this case your is an inappropriate word. It shows what a mullet you are.

Good one buddy. That was a comeback I haven't heard since 3rd grade. Thanks for taking me back to my prepubescent times.

EDIT: This is my last post here as I have wasted enough energy with this nonsense. Go ahead and have your last word.

gl

 

[Chicken Little]

Quote from tradingbug:

Good one buddy. That was a comeback I haven't heard since 3rd grade. Thanks for taking me back to my prepubescent times.

How far back is the present ?

 

[Chicken Little]

Quote from tradingbug:

Good one buddy. That was a comeback I haven't heard since 3rd grade. Thanks for taking me back to my prepubescent times.

EDIT: This is my last post here as I have wasted enough energy with this nonsense. Go ahead and have your last word.

gl

about 3 nano-joules

 

[Bitstream]

Quote from oddiduro:

Not really, there is a concept called each one teach one. You get back what you put out.

sorry.... was just referrin' to the ceremonial aspect of 'the promise'

 

[oddiduro]

Quote from tradingbug:

Give back to someone who will give back to others. Chicken is not that type of person.


I find it extrememly pathetic that you are helping chicken little in anyway after all the shit he posted challenging Jacks integrity.

Frankly, I advised Jack to put CL, 666, and hypo on ignore. I PM'ed him and showed him how to do it. He continues to post. Therefore, based on the fact that we have been corresponding for nearly three years, I took that to infer that he is serious about his mission of getting people to a money making point. So, when CL started another thread, I took him off of ignore and began to try to teach him what I knew.

Love thine enemies, convert them to friends. Unless CL gets abusive to Jack a second time, I will chalk it up to stress.

Best Regards
Oddi

 

[oddiduro]

Quote from Chicken Little:

I said two pairs of bars when I should have said a (one) pair of bars.

If a channel is upward sloping i.e., as x increases y increases then by definition point 3 must lie greater than both 1x and 1y.

So if I am trying to identify point 3 and it "would be" below point 1 it would invalidate itself as point 3 and instead be a continuation of the previous channel, correct ?

Does every channel contain 1, 2 and 3 ?

Yes, EVERY channel contains a 1,2, and 3. If it does not, then it is not valid. You must trade against valid channels only.

 

[oddiduro]

Quote from Chicken Little:

Thats pretty much the situation here.

On the portion of the chart that you have circled, there is no valid point 2 or point 3.

A higher high flanked by two lower high, or a lower low flanked by two higher lows.

To tradingbug.....there are others that are following this thread, this is a public forum. CL and his behavior will speak for itself, good or bad.