Spydertrader's Jack Hershey Futures Trading Journal

[El OchoCinco]

Here is my take on it.

A move above the left trendline is a volatility expansion in an uptrend channel and a move below the right trendline in a downtrend channel is a volatility expansion.

A move below the right trendline in an upward channel is breakout and a move above the left trendline in a downward channel is a breakout.

 

[Tums]

Quote from optioncoach:

Here is my take on it.

A move above the left trendline is a volatility expansion in an uptrend channel and a move below the right trendline in a downtrend channel is a volatility expansion.

A move below the right trendline in an upward channel is breakout and a move above the left trendline in a downward channel is a breakout.

you have the "Left" and "Right" channel confused on the Up/Down sequence.

a review of Bundlemaster's video might help.

 

[Razor]

Yea I watched the video and I need clarification

Excellent video though !

 

[El OchoCinco]

Yes it was not confusion but a typo in reversing left and right. Thanks for catching that.

Lets just look at an upward moving channel:

A move above the left-side is a volatility expansion and a move below the right-side is a breakout.

Simply reverse it for a downward channel.

Quote from Tums:

you have the "Left" and "Right" channel confused on the Up/Down sequence.

a review of Bundlemaster's video might help.

 

[Tums]

Left & Right Trend Lines

 

[Razor]

Thanks guys

 

[Tums]

Channel Summary

 

[El OchoCinco]

This are the kind of posts that would have helped early on LOL...

Due to your great efforts, I hope someone puts these two or three charts in a file and when the beginner questiosn pop up you can simply tell the person to watch the video and look at these two or three pictures.

I would say the video and TUMS' pics are about 6 weeks of discussions summarized beautifully.

 

[Razor]

Agreed ! Thanks Tums, excellent pic

Quote from optioncoach:

This are the kind of posts that would have helped early on LOL...

Due to your great efforts, I hope someone puts these two or three charts in a file and when the beginner questiosn pop up you can simply tell the person to watch the video and look at these two or three pictures.

I would say the video and TUMS' pics are about 6 weeks of discussions summarized beautifully.

 

[Spydertrader]

Quote from optioncoach:

This are the kind of posts that would have helped early on LOL...

With all due respect, This Post was linked to from the first post of this Journal. Combined with This Attachment where both volatility expansion lines and BO's were labelled, I submit, you may have missed that which you assert didn't exist.

- Spydertrader