You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Technical Strategy
- Thread starter Tums
- Start date
Quote from Jack Hershey:
No Change of sides is required until we switch to make money on each separate traverse segment.
You do trades "late" at this point. Lets stay with that for now. I will bring you closer and closer to the pivot on traverse reversals by easing you to better timing as your sensitivity warrants. There is no point in trading too soon after trading too late. We are not learning to ride a pendulum at this point.
Neoxxx,
The next week of charts as requested. I reduced the border thickness on formations so they wouldnât compete too much with your annotations but still be visible. Also notice on the first three charts, near EOD the volume is âclippedâ only on the highest volume bar, so the rest of them would be larger, easier to see and annotate.
Itâs not always possible to keep a two point scale, especially with the recent volatility. On the first chart the last two price bars have the high clipped, but shouldnât affect any logging. That kept a 2 point scale. The 11:15 red bar bottom is not clipped, you can use it for annotations. The second chart also has a 2 point scale, the rest are 5 point. - EZ
<img src=http://elitetrader.com/vb/attachment.php?s=&postid=2151298 width=800>
The next week of charts as requested. I reduced the border thickness on formations so they wouldnât compete too much with your annotations but still be visible. Also notice on the first three charts, near EOD the volume is âclippedâ only on the highest volume bar, so the rest of them would be larger, easier to see and annotate.
Itâs not always possible to keep a two point scale, especially with the recent volatility. On the first chart the last two price bars have the high clipped, but shouldnât affect any logging. That kept a 2 point scale. The 11:15 red bar bottom is not clipped, you can use it for annotations. The second chart also has a 2 point scale, the rest are 5 point. - EZ
<img src=http://elitetrader.com/vb/attachment.php?s=&postid=2151298 width=800>