Iterative Refinement

Uh OK, thinking critically is following the path.

My response is in reference to doing something not recommended, critical thinking was never NOT recommended.

Verstehe?

 

I know one thing, you sure are an assuming one, arn't you?

 

This here Journal is for those interested in exploring and eventually profiting from Spyders explanation of his understanding of the Hershey Method. It has not been established and followed by numerous people to explore Astrals reinvention of Spyder's understanding of the Hershey Method.

Questions and insights regarding what has been divulged and discussed are welcomed additions to the effort. Going off on personal tangents only serves to distract and potentially confuse other participants from fully grasping the concepts presented earlier.

Lets all try to stay focused people

 

The shortest distance between pt A and pt B is a straight line.

 

your first up channel misses a steeper channel, point 3 is where you noted OB.

The following down channel misses a steeper down channel, point 3 is where you noted OB.

edit: hmm outside bar on my chart, It seems the lord is punishing me with messing with my charts. Probably because on not following the rules.

Do you see any similarities?

Last up channel would obviously need a fanning later on, as you can see price is moving laterally to point 3.

But don't listen to me, I'm a bit rokokie!:eek:

 

Actually I did .... this was my second short on first I bank +1.25

 

ah super! I should've known you would!

 

Thanks Astral for the critque, I saw the first and second missed channels, thanks. But I don't believe that the last up channel will fan just yet because it walked out of the channel and broke the rtl on increasing volume.

 

I agree no matter how many times you rephrase the question, you'll receive the same answer.

Feel free to follow whatever path you feel best meets your needs. If you feel 'reinventing' and 'inventing' leads you to riches, then, by all means, have at it. I no longer plan on providing posts and threads and links to where such actions failed miserably.

And no, on days where I post my own charts, I don't review others. I assume anyone with an interest can compare and contrast between their own work and what I have submitted - in an effort to locate errors (especially, when it appears something is myseteriously missing from a chart I post).

- Spydertrader