Spydertrader's Jack Hershey Futures Trading Journal

Keeping proficient with 'Photoshop', I see

 

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1646272>

 

I'm only trading on the 5min fractal as of now. Normally those pt 3 sells in these situations are my bread and butter to this point, but this one was trickier.

Always something new to learn

 

How beautiful is that?



Good trading all

 

ROFLMAO!

 

Yes, FTT on both up channels I have. First time price did not VE at least one channel and, sure enough, price and vol pick up and goes the other way

 

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1646291>

 

It doesn't get more "bread 'n butter" then the FTT on the 1400 bar. Concidering the steepness of the channel and the peekvolume levels it's in the area where an FTT is anticipated. Next you see a little red bar forming with the PRV running up and you get a feeling that you've seen this all before.

I don't think there's a trade with a better risk/reward ratio then that.

 

And, believe it or not, that was the beginnig of a CCC ...

 

10-18-2007 ES chart

- Spydertrader