Wow. I know you probably plan to ask additional questions as circumstances arise which cause confusion in your mind, but after reading your motivational post, I probably won't feel like answering those questions in the future. Seriously, wow. - Spydertrader
Hi Spyder, I just got back form another day in the metal tube, thought I would post my chart from the morning, with some stuff added in when I got home.
Thanks Spyder, Here is a reposted corrected version, I extended the lateral formation to include all bars until the breakout. The green up channel appears to be a pt 3 channel based on increasing black volume after the pt3, and the blue up channel is a pt 3 channel as well, but didn't continue back into the channel for long before increasing red volume and decreasing price along with an ftt of the black up channel showed a signal for change...
The sentence was written because everytime you ask a question on this board.... It is inevitably suggested to go read. I have read the journals. And all due respect, thats a ridiculous cop-out answer. If you can get an answer almost immediately in one simple sentence.... why would you go search through thousands of pages and tens of thousands of posts for a one sentence answer Even if you have read them 5 times, noone can remember that amount of info.. And here's the kicker....THERES NO GLOSSARY.... Theres no means to tell you the location of the answer. Thats like me asking for the definition of a word and you handing me a dictionary where all the words have been scrambled so that it is no longer in alphabetical order and saying "you'll find it in here....Start at page 1." And then after I find it if I need another definition that I couldn't remember from the first two read-overs....guess what back to page 1. Its just convoluted and ridiculous. Listen I've never complained when criticized. I believe the system works and I spend hours each day on studying it and implementing it but at some point in the progression of these forums, it turned from a full "paying it forward" responsive attitude as I assume Jack would have wanted.... into a condescending and sometimes belittling of less knowledgeable Hershey traders/admirers. We're all eager to learn and eager to profit so if we could stop it with the "secret hand-shake.... I'm another trading level than you" type BS.... then we can get back to the original goal. Remember we all started from the same spot.