Spydertrader's Jack Hershey Futures Trading Journal

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Quote from ivob:

That last FTT I did not consider an FTT. Because we had a breakout IMO we should be looking for point 2 and a point 3.

regards,
IVo
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May be you are right....I consider this for FTT followed by FBO ...:confused:
 
Quote from optioncoach:

We are undulating higher since the 10:30 AM low and a sharp move lower on strong volume from this currnet tree channel which started at that 10:30 AM low could present a real nice short tree entry which I am gonna watch closely....

uh oh it could be happening as we speak perhaps, 20 EMA at 1418.50 providing support but if we move below it on volume, look out belowwwwww
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plus we are breaking an hourly up channel check my post back a few...

cj...
 
Quote from EdgeHunter:

plus we are breaking an hourly up channel check my post back a few...

cj...
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Ride Sally Ride... i got stopped out twice for minors trying to go short the break of the Hourly low using the 5 min channels then took this one down from 1415.75... and getting out half at 1411.75... and holding half for prior day's low at 1410.75...

clicking my HOLD button like crazy... so soothing...

cj...

:D
 
I paper traded the breakout and went short at 1418.75 since I was forcing myself to stop for the day (i.e. just papertrading the rest of the day). Wanted to run to lunch so I covered at around 1417.25 and then went for lunch. Came back and saw it at 1411 LOL....

sweeet for those of you that caught it for real... :D

Quote from optioncoach:


uh oh it could be happening as we speak perhaps, 20 EMA at 1418.50 providing support but if we move below it on volume, look out belowwwwww
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The NYSE Tick has been a pong game... unbeliveable... +600... -600...+600...-600

finally got out of my last half at 1411...

what a ride dat was...
 
Are We There Yet... This is the most boring up channel i am holding in since 12:12pm PST...

doing a Friday return to +0.00 close... possibly...

wake me when we get there...

cj...
 
Quote from Mr_Black:

May be you are right....I consider this for FTT followed by FBO ...:confused:
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I often made the same mistake and sometimes still do, thinking I see an FTT even when the channel has not been formed yet, quickly after a BO. Or maybe it's just that sometimes the volume on the retracement that's impressing me. Well, if the bar is not very red then there's almost as much buying as selling going on so nothing to worry about.

regards,
Ivo
 
Quote from Lightbody:

Today's attempt. Actually, was a pretty good day on paper. Please let me know if any of you have suggestions for improvement.

Thanks.
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You forgot to draw the volatility expansion lines on the green carryover channel. Also there's another steep up carryover channel that you didn't draw at all (+ it's vol expansion lines). Doing this you notice easier the FTT on the first few bars.

regards,
Ivo
 
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