Spydertrader's Jack Hershey Futures Trading Journal

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Quote from windwallker:

There is no need to be arguementative with me Nkhoi, I am merely asking if such a program exists. Like I said before, it has nothing to do with drawing the channels or finding the 3 pts, but when I have multiple up channels all with LTL of different slopes that need adjusting and very quickly, it would be much easier if some software could instantly place them appropriately at bars close.

It seems you just jumped in to take a shot at me for some reason, instead of being helpful (like BearBelly was). Your "know-it-all" comments are unneccesary.

Anyways, thanks Bearbelly, I will look into QT as my primary charting software.
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Windwalker, as I believe you're really trying to figure this all out and make a go of it (as opposed to simply being a troll) I'd like to take one more stab at a response. Several people have suggested you do it manually and that it would serve you best to do this. The reason is simple: it will train your mind. I'ts not about being "easier", it's about building skill. Automation hinders, not helps, skill building. I invite you to do as others have and progressed so well. Don't reinvent the wheel. The others on this thread who have learned to do this learned without the aid of the tool you so strongly desire. Our primary teacher (Spyder) has stressed time and again, based on personal experience and teaching experience, what works and what doesn't. These words are my sincere effort to expose you to the idea that what you think you need to do or what you think is a better way, may in fact cause you to miss out on learning.
 
Thank you Bundle, I will keep working at it to improve my speed.

Quote from bundlemaker:

Windwalker, as I believe you're really trying to figure this all out and make a go of it (as opposed to simply being a troll) I'd like to take one more stab at a response. Several people have suggested you do it manually and that it would serve you best to do this. The reason is simple: it will train your mind. I'ts not about being "easier", it's about building skill. Automation hinders, not helps, skill building. I invite you to do as others have and progressed so well. Don't reinvent the wheel. The others on this thread who have learned to do this learned without the aid of the tool you so strongly desire. Our primary teacher (Spyder) has stressed time and again, based on personal experience and teaching experience, what works and what doesn't. These words are my sincere effort to expose you to the idea that what you think you need to do or what you think is a better way, may in fact cause you to miss out on learning.
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Quote from AllenW:

Could you comment on the two bars at 11:35 and :40---I saw them as flaws and continuation down. But obviously not...do harmonics say otherwise?
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I apologize for not seeing your question sooner.

The sequence starts with the 11:30 AM Bar which creates a Volatility Expansion. In addition, we see Price bounce up off the Left Trend Line (Intra-Bar) and head higher. As a result, I viewed the 11:35 and 11:40 bars as an Even Harmonic and anticipated Price heading higher (as Price was already moving in the direction of a retrace when the Even harmonic appeared.

One could have also viewed the same bar formation as an HVS (by the alternating [and decreasing] red and black Volume). Again, understanding how Price entered the HVS provides clues as to how Price would Exit the HVS. Further, since we don't normally see flaws appearing in non-dominant traverses, you have your clue that the trend had changed.

Compare the 11:30 - 11:40 Price formation to the 11:05 - 11:10 Price formation to better understand the differences (Please use this chart for the comparisons) between continuation and change. I'm confident you'll quickly note the the similarities and differences between the two situations.

It's these slight differences between the two which resulted in quite different outcomes.

- Spydertrader
 
Quote from Spydertrader:

I apologize for not seeing your question sooner.

The sequence starts with the 11:30 AM Bar which creates a Volatility Expansion. In addition, we see Price bounce up off the Left Trend Line (Intra-Bar) and head higher. As a result, I viewed the 11:35 and 11:40 bars as an Even Harmonic and anticipated Price heading higher (as Price was already moving in the direction of a retrace when the Even harmonic appeared.

One could have also viewed the same bar formation as an HVS (by the alternating [and decreasing] red and black Volume). Again, understanding how Price entered the HVS provides clues as to how Price would Exit the HVS. Further, since we don't normally see flaws appearing in non-dominant traverses, you have your clue that the trend had changed.

Compare the 11:30 - 11:40 Price formation to the 11:05 - 11:10 Price formation to better understand the differences (Please use this chart for the comparisons) between continuation and change. I'm confident you'll quickly note the the similarities and differences between the two situations.

It's these slight differences between the two which resulted in quite different outcomes.

- Spydertrader
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Greatly appreciated
 
I welcome any and all comments regarding the chart posted. I seems okay to me, but then again how much improvement can I make if I am the sole judge and jury on my own efforts :).

Also, I am trying to figure out when increasing red vol. at an (up trend channel) RTL doesn't mean the market isn't going down.
 

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