Wow! How can you decipher all that info??? If trading matches ones personality I would say you may be a like the energizer bunny on speed, LOL, J/k, it's good that you are posting charts for others. I prefer pure price action with nothing but my fib tool. I enjoy looking at what other's have come up with that works for them. Nice chart!
Spydertrader's Jack Hershey Futures Trading Journal
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Wow! How can you decipher all that info??? If trading matches ones personality I would say you may be a like the energizer bunny on speed, LOL, J/k, it's good that you are posting charts for others. I prefer pure price action with nothing but my fib tool. I enjoy looking at what other's have come up with that works for them. Nice chart!
That's so funny. Probably at the same moment many of us are wondering "Did we take the right decision? Should I reverse? Should I get out, etc etc". Does this situation occur while being in the market or when you are waiting to get in?
Spyder what % of the day do you have a position open? Isn't it risky to go out for a smoke while being in the market?
Quote from Spydertrader:
..Now, if Jerry can just fix Quotetracker to chart STR / SQU, I'll dump Qcharts tomorrow.
Agreed here. I dumped QT for Ensign because it didn't have str/sq. I would switch back to it if it could display that especially now that it does have the feature to snap trendlines to the high and low of bars.
regards,
Ivo
When I am already in the market short awaiting the move down. You know the time. Somewhere in the middle of the previous bar, the market went into DU. I don't mean the bar closes below 2500 contracts traded. I mean everything just sorta' pauses for a second or three as Price finds itself at the right trend line. PRV at this moment says DU, but we still have a few minutes to go before bar closes. The YM begins to creep a little lower and you can almost feel the market wanting to move. It's the same quiet pause one feels just before a powerful summer storm rolls into the area. You know what comes next, you just have to wait for it to arrive.
Most of the day I have an open position. If I find myself confused about something, I'll exit for a moment, then once finding clarity again, back into the market I go. With respect to 'stepping out' for a smoke, I can see the monitor from the deck, so it isn't as if I am too far away in case the storm rolls in before anticipated.
- Spydertrader
Hello,
I have created a small video with comments of an example where we had stretch and squeeze within the same bar and we took action. It is an 1.69 MB avi file and concerns yesterday's market.
The squeeze actually occured when YM was heading for a point 3 up.
The file can be downloaded here.
Pls feel free to comment etc.
regards,
Ivo
I have created a small video with comments of an example where we had stretch and squeeze within the same bar and we took action. It is an 1.69 MB avi file and concerns yesterday's market.
The squeeze actually occured when YM was heading for a point 3 up.
The file can be downloaded here.
Pls feel free to comment etc.
regards,
Ivo
Quote from Spydertrader:
P.S. Nicely done with the lobbying efforts for the Quotetracker PRV Add-on Tool. I watched it work yesterday for the ES and YM in real time. I think many will find the tool very helpful. Thanks also to Jerry Medved and his crew for responding to the request. Now, if Jerry can just fix Quotetracker to chart STR / SQU, I'll dump Qcharts tomorrow.
I'll give asking them a shot later this summer... in the meanwhile, anyone who wants the STR/SQU feature in QT, SAY SO if you haven't already. I think the Medveds can be swayed by a perception of demand. In my next lobbying effort if I have posts to link to as evidence of this, it might help.
Another Fun Day. Even managed to catch a few Largemouth during the CCC section. Time to head off to Streetside with Excav8Tr, T&T and Sunshine.
Enjoy the weekend everyone.
- Spydertrader
Time to head off to Streetside with Excav8Tr, T&T and Sunshine.Enjoy the weekend everyone.
- Spydertrader
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