Question for Grob/Hershey...

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I know for me, using the rockets doc helps in a couple of ways.

1. Begin to understand and identify when a trend is happening.
2. Gain some skill (granted, ad hoc) in monitoring, analysis, decision making and acting - a good start for SCT.
3. Solidify the concept of and practice iterative refinement.

Welcome back Easy - hope you enjoyed your vacation!

Through bar 14. It looks like we are on our way to pt 3 of the first leg of an "M" day.

Were the first six bars or so a lateral trend (my blue line) or something else?

Anthony
 

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Were the first six bars or so a lateral trend (my blue line) or something else?

You can see on my chart I had us in a short trend carried over from yesterday.

Bar 18...
 

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Quote from Stalker:

This was a thread about channel trading for a long while, now it´s´all this talk about rockets beacause there are documents several years old that says it´s a beginners trade. Well market conditions change.
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from what i have read it has never been grob's mode of operation to recommend things that work due to transient market conditions.
(i.e....it worked THEN but not NOW)


there's a lot to learn about the rocket that just occured on bar 23.
 
Quote from Dantheman:

from what i have read it has never been grob's mode of operation to recommend things that work due to transient market conditions.
(i.e....it worked THEN but not NOW)


there's a lot to learn about the rocket that just occured on bar 23.
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yeah, your prob. right, I shouldn´t complain, it´s just me personally who don´t like rockets, can probably fit someone else like a glove :)

How´s oil going today Hypotamus, champagne every day at your house? Or just at very specific and rare occasions?
 
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