Spydertrader's Jack Hershey Futures Trading Journal
- Thread starter Spydertrader
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Quote from Pr0crast:
Nice spot to look for a PT3
<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1623105">
And what happened next?
<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1623203">
Now the same thing in the opposite direction, +prv black for the BO, then retrace then PT3.
"Business as usual," as Mak says
09-28-2007 ES Chart
- Spydertrader
- Spydertrader
Very nice. The dominant RTL XO -> BO really helps to confirm that the BO will not FBO. Yes, for the more skeptical, well what about when you have BOs on RTL XO but with DECR PRV??? If the subsequent bar CLEARS the RTL, I usually flip into either PENNANT or LATERAL modus. For furthur clarity, I scoot over to the YM to see whether the RTL XO has already occured and/or has cleared the RTL... Typically, I get the XO on my YM before I get it on my ES, hence my belief about Y before E except after C... By being PV strict, it has forced me to have sequences that point me to where I can comfortably navigate the action. Although my chart annotations may be different, we still get to the same place...
MAK!
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