Spydertrader's Jack Hershey Equities Trading Journal III

[Haroki]

Oops, chart

 

[chiefraven]

i'm short SIRF. dryup reached Average Dryup already. i entered a little before 25% pro rata volume. at 27.41 earlier today at around 10 or so.

 

[Spydertrader]

Quote from thething:

looking at iaac, 30 min chart, would you call 10:30 a ftt?

Here is the 30 minute chart. Circled area within the steep (thin green lines) up channel represnts an FTT of that Green Up Channel.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1396738>

 

[thething]

it looks like increasing volume with decreasing price though

 

[Haroki]

A longer look, I see a pt 3 for a down channel

 

[Haroki]

OK, I see what Spyder's saying, and he's right. I just wasn't annotating that tight.

Blue is several day trend

red is what I use to find a trend within the blue trend and pt 3 to find a possible entry point (at my 1st post time)

greenish is what I wouls use to mark trends within the red - ftt's, fbo's, etc...

 

[thething]

ah, i see

Quote from Spydertrader:

Here is the 30 minute chart. Circled area within the steep (thin green lines) up channel represnts an FTT of that Green Up Channel.

 

[Haroki]

forgot the chart again...

 

[Haroki]

forgot the chart again... and again.... LOL

 

[chiefraven]

SIRF short.