Spydertrader's Jack Hershey Equities Trading Journal III

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Anyone still having problems downloading web data while using Wealth-Lab Developer? This Article illustrates how to change the default setting from Yahoo to MSN for Web Data.

Hope this helps.

- Spydertrader
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Thanks S!
 
:D Since I am a very inexperienced trader I have hesitated to post dumb questions or comments, but after months of reading and struggles I just had an ahaa!!! Thank-you Big Moose.
the " ........left line is the line that
includes point 2 and Gaussians (volume increase / decrease cycles). " I hope this is helpful to other struggling students.
 
Trying to figure out where the point 1-2-3's are on HWCC.

In the teal channel w/ the extension I see a failed b/o that appers to be heading back into that channel. Is this a failed b/o or a channel extension or both. Does this mean point 3 has been extended or have we just created a new purple channel that forms a point 1? I am a bit confused, trying to get this channel drawing with the p 1-2-3's down correctly. If anyone could help me, it would help a lot.

Thanks,
Monkman

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1383095>
 

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Trying to figure out where the point 1-2-3's are on HWCC.

In the teal channel w/ the extension I see a failed b/o that appers to be heading back into that channel. Is this a failed b/o or a channel extension or both. Does this mean point 3 has been extended or have we just created a new purple channel that forms a point 1? I am a bit confused, trying to get this channel drawing with the p 1-2-3's down correctly. If anyone could help me, it would help a lot.

Thanks,
Monkman

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1383118>
 

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Quote from Monkman:

Trying to figure out where the point 1-2-3's are on HWCC.
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See Attached. I have 'fanned' out the channel slightly to contain the most current price bar. Note The Gaussian Changes needed for Price to create a Point Three (a second FTT within the current down channel) as well as what is needed to see continuation onto downward Price Movement (arrows in volume pane). The circled Black Volume bar contains elements of both increasing red and decreasing black (retrace) volume within it. Drop to an hourly chart to 'see' the changes within this daily bar. Using PRV in the morning should tell the tale with this stock.

- Spydertrader

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1383128>
 

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hey procast, do you talk to a few people who started the journal with you via msn?

I'm pretty new to the journal, and am right now testing the beginner method, bruno, rockets, and channels.... and at the moment, i'm talking to a few of the people who are also at the same stage as me.... timdog and husky.

however, if you are ever free and dont mind chatting, i would love to have a chance to speak to someone who is also progressing, but a few steps ahead of my current group of friends.

:D
 
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