Spydertrader's Jack Hershey Futures Trading Journal

Spy,

Why is this significant, chart wise (what is circled)?

 

good wake up call to all...

 

I think Spy was pointing out how we had increasing black volume on the RTL BO, exactly what you'd expect after an FTT.

 

I thought because the black volume wasn't more than the preceding red volume, we should not expect an upside follow through?

 

By the time we see that volume is greater at 10:15, price has already broken out from the right trend line though.

 

I thought he was pointing out the exit.

 

That's precisely when you'd expect to see increasing volume on that fractal.

 

Thanks Spyder... i think i got it...

Two Roads Diverged in a Yellow wood and glad am i that i used the channel less travelled by...

and miles to go before i sleep...

cj...

 

Bundle,

Which bar do you consider the FTT, 10:05 or 10:10, and why? Thanks.

 

ES 12 Feb 07