Spydertrader's Jack Hershey Futures Trading Journal

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A few people wondered why I had Price crossing a Red and an Orange Trend Line today (See Attached). Both Channels began on 05-23-2007 and continued until Price breached their respective RTL's today.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1485437>

Note how Price paused before heading through this week old channel. We see the same pause occur later in the day with the Orange channel.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1485442>

Clearly, even week old Trend Lines have an effect on Price.

- Spydertrader
 

Attachments

Quote from Spydertrader:

Four words you don't want to hear at 9:40 AM Eastern Time,

"Poncho cut the Cable!"

Thankfully, the Lawn Crew Supervisor purchased a "Cable / Satelite Repair Kit," fixed the damage from Poncho's Weedeater, and re-buried the line. Señor McGyver had me back up and running before noon.

See Attached ES Chart.

- Spydertrader
More...

What are weeds? Is that like cactus?

we put cables in pipes to keep the pecaries (shaggy pigs in little herds)from eating the salt off the cable where people touch it.
 
Quote from Spydertrader:

See Attached ES Chart.

- Spydertrader [/B]
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Spydertrader,

Continued thanks for all your efforts. Your highly detailed and annotated charts are priceless.

One thing that has really helped speed up my learning is to print your chart and then manually trace your channel lines and notes.

The magic truly is in the doing. It may seem like a simple thing to do, but it has really helped my progress. I hope this tip is helpful to anyone else trying to get up to speed.

awesome awesome board. thanks to all!!!
 
Jesus , what an incredible thread, I don't even know what to say.
I've been hypnotized for 3 freaking days ( my girlfriend is worried.. :p )

No really, can you give a price to the stuff written here? I can't quantify, it doesn't fit in my head. :eek:

Wheeww,sorry to interrupt I feel better now, I had to say it.

Back to annotation and drawing the freaking lines, I 'll be there with you soon :D
 
Quote from mark1:

Jesus , what an incredible thread, I don't even know what to say.
I've been hypnotized for 3 freaking days ( my girlfriend is worried.. :p )

No really, can you give a price to the stuff written here? I can't quantify, it doesn't fit in my head. :eek:

Wheeww,sorry to interrupt I feel better now, I had to say it.

Back to annotation and drawing the freaking lines, I 'll be there with you soon :D
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Welcome to this journey of discovery.

Start posting your charts now. Don't worry if there are mistakes, that's how we learn.
 
Anyone have any suggestions on how to get the PRV tool working? I have quotetracker downloaded and have tried many times to download and open the zip file provided on pg 602 but the new updates arent taking affect. I'm tired of trying to calc PRV in my head on the fly :)
 
Quote Tracker PRV: right click on chart and click on 'select indicators', go to edit volume and check the 'show projected' box and click 'apply'.

Note the box does not stay checked but prv will show on the chart.

-Mike
 
Avi,

There is no such box to check. Are you referring to the Volume in the lower indicator window. No such option exists on my version of QT.
 
1 Download file Pr0 linked to called STOCKS.EXE

2 Shut down QT

3 go into Program Files > Quote Tracker > and delete the folder named STOCKS.EXE that is there

4 in place of the above file put in the new STOCKS.EXE that you downloaded.

5 Restart QT > then do as AVi has suggested

regards
 
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