I wonder how many people following this journal went through the learning and internalizing of the JH's equity, and rocket / iceberg methods ...? Those journeys may be more valuable than they seam.
It turns out, learning Equities makes for a great 'warm up drill' for understanding Futures. While I didn't walk the path of the indicators (rockets and icebergs) with respect to futures, I did learn to 'see' the market via my experience trading Equities. However, one can still find great value in the Futures Threads of old. - Spydertrader
Hi Mak, I was answering your question based on the black helpline and based on that it's not the last 5 minutes just like you asked... Indeed, based on the grey line it's a traverse and I would wait for the bar to finish. So what if you have an FTT, you enter, and price turns around before even reaching RTL. What will you do? regards, Ivo
Spyder, I bet a lot of people on this thread would love to see live trading. Yes, the process of making decisions will be different for many, but it will provide huge confidence boost. Subconsciously many might doubt the method and it could be a root of problem. Making 1 day of live calls should not be a huge distraction I hope. You obviously do not have to do it, but since you took such a big undertaking as educating all on this thread, I think you should. Thanks, redduke
Mmm. this is something very interesting. Like this you avoid the channels inside the channels all on one graph. You avoid going to a higher resolution all the time and hanging in there. A channel is just a channel like this. regards, Ivo
Watching a live trade would be fascinating. For the people who have not acquired the basic tools, the calls will blow by them without much meaning. It is like watching American's Cup on TV : if you are not a competitive sailor, you will not pick up on the subtle techniques involved.
Yes, before we are ready, it will remain a fascination. In due time, it will be the final polish that smooth out edges.