Question for Grob/Hershey

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Quote from forextrades:

I'm not sure I understand how you can spot reversals drawing the channels. You obviously need at least 2 points to draw channels, but it's only possible to know where those points are in hindsight. By the time you figure it out, price may be moving out of that channel and into another one. It's no different than any lagging indicator. Am I missing something here?
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Have you tried drawing channels for awhile? Have you studied what Jack has to say about FTT's. Have you studied what Jack has to say about volume at these points? I went through one of these reversals step by step, chart by chart earlier in this thread.
That reversal happens over and over again almost exactly the same way. Like anything else worthwhile it takes study and practice to recognize whats going on before it happens. ciao.
 
Quote from gerry875:

mr. grob,

there is no need to belittle me - just because you are once again unwilling or unable to give a short and distinct answer. i had some questions in this thread - and i asked them in a way that was and is far ahead of the average standard of communication around here - yet - your reaction is to ridicule me like everyone else before who is not a blind believer of what you are offering (and i still think you have something to offer).

this once again brings up the question about why you find it necessary to do so? if you are so old, experienced and skilled as you pretend you are - is such a behaviour adequate for the gentleman you like to be? think about it ...

regards,

gerry
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why no reaction?
 
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