Wow. Great move Little Mac. Noticed that afterhours, the stock is trading down $3.62. That is the best critique that anyone could give of your chart. Better start backing up the armored truck. QUOTE]Quote from Spydertrader: Current Final Universe Thank you very much Spydertrader for the latest final universe. Your efforts are continually appreciated.
Here is the FU I have ALY, ANW, ASIA, AYR, BEXP, BIDZ, BMTI, CAB, CALM, CAVM, CBEY, CHDX, CONN, CRY, CSIQ, CSR, CXO, CYNO, CZZ, DBTK, DDS, ES, ESEA, FCFS, FCSX, FSYS, FTBK, FTEK, FTK, FUQI, GIGM, GMXR, GSOL, JAS, KBW, LAZ, LDK, LL, LOOP, LULU, LXU, MALL, MEA, MELI, MFLX, MLNX, MTZ, MW, MWA, MXB, NETL, NFLX, NPD, NTRI, ODFL, OESX, OME, OMRI, PERY, PNSN, PRGN, PWRD, RICK, RVBD, SCOR, SDXC, SKX, SNCR, SNDA, SOL, SOLF, STEC, STV, SWS, SWSI, SYX, TBSI, TESO, TITN, TLEO, TRAK, TSL, UA, UCBI, UDRL, ULTA, ULTR, UTI, VDSI, VISN, VLCM, VOCS, VOL, WLK, WNR, WX, ZOLT, ZUMZ
Quote from Avi 8: Describe for me what is continuation after the 1550 bar? P.S. Do we still need to see the diagram posted again? Padawan: We might. Continuation is increasing volume and increasing price. Formations also mean continuation. Hence, I am confused. Sorry if this post looks a little weird. It comes from the discussion on 052908 here: http://www.elitetrader.com/vb/showthread.php?s=&postid=1938845#post1938845 Thank you very much, Avi8, for revisiting this topic.
I was lucky enough to be around at the start of Futures Journal. I mastered the trendlines and channels first. I did hundreds and hundreds of drills locating VEs and flaws before the FTTS. Then I concentrated on 123s at a forest level. I learnt to recognise dips, stalls, flaws and committed the definitions to my memory. I found the gaussians very difficult but I kept at it and sought help. Each night, I compared my chart with Spyder's and corrected anything missing. I learnt to apply the jokari window, again going through hundreds and hundreds of charts. I annotate my chart religiously each day. Put the hard work in and trust me you will reap the benefits in the end. Look up Avi's postings on this journal, he offers everything on the plate. Go through the Futures Journal, step by step, no short cuts. By the way I never post my working charts, far too messy. Good luck, if you are determined you will get there.
chart for morning. looks we just had change (long->short) at these volume levels that can change quickly though. regards, Ivo