Spydertrader's Jack Hershey Futures Trading Journal

Discussion in 'Journals' started by Spydertrader, Dec 30, 2006.

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  1. Ok, one more take at this. . .

    W / M days volume exceeds 25,000 on any individual , or all of the first three bars.

    Days that fall into the neither category have volume less than 25,000 on average on any individual, or all of first three bars.

    Thanks Avi 8 on the feedback on ES daily, and a great post on your look at what is taking place on daily.
     
    #8341     Dec 6, 2007
  2. Avi 8

    Avi 8

    Touche'!
     
    #8342     Dec 6, 2007
  3. Sorry Avi, my mind is set to think bars=price bars unless its stated as volume bars.

    I guess cause in the PV relationship P comes first :D

     
    #8343     Dec 6, 2007
  4. Avi 8

    Avi 8

    And V Leads!
     
    #8344     Dec 6, 2007
  5. no doubt!

     
    #8345     Dec 6, 2007
  6. ES daily bar close is at the right trendline of the major down channel.
     
    #8346     Dec 6, 2007
  7. Jander

    Jander

    strong reversal bar here... may head back down to 1400s

    this is a guess of course... could also rocket to 1600 on a breakout

    thanks for posting the daily charts, interesting to watch anyway
     
    #8347     Dec 6, 2007
  8. gooch87

    gooch87

    It was nice to watch for the whole day for once. Here is my work.
     
    #8348     Dec 6, 2007
  9. Bingo. One does not need to derive a signal from every channel on the chart. A trader only need monitor for continuation or change on their correct resolution level. If one chooses to monitor at all resolution levels, then one must choose the appropriate tool to recognize the signal for change. I encourage everyone to start using the end of the bar in order to place themselves in the 'correct' mindset. Once accomplished, the next step becomes to understand what sequences develop on the way to the close of the bar which allows the trader to know before the close of the bar whether the market has signaled continuation or change.

    - Spydertrader
     
    #8349     Dec 6, 2007
  10. 12-06-2007 ES Chart

    - Spydertrader
     
    #8350     Dec 6, 2007
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