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    Software Used to Trade Jack Hershey Methods

    Has anyone done any work with Quotetracker pressure bars on range (tick) charts? They show the ratio of bid vs. ask demand at the tick level, so complete the supply-demand picture when viewed with the DOM. There are seemingly non-random repeating patterns near the 2-pair / spike...
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    No such thing as current trend

    I'd hate to be stuck in a car with Ed: "Say Ed, you're going way too fast!" "Nonsense - at this moment we are not moving." "Mmmmkay. Can I get out please?" :D
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    Spydertrader's Jack Hershey Equities Trading Journal III

    Hey, I was just asking for comments on the chart. :D Actually, if it was a call, it was a little late. The signal of impending reversal shows on the 30 minute chart the afternoon before: see volume and fast stochastic 50 crossover (divergent). I'm not on my trading computer so can't post...
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    The PREM What it Is and How to Read It

    Hi this is interesting. Have you ever looked at the premium on the Dow as a leading indicator for the S&P? It's quite a noisy signal but shows loud and clear when it matters.
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    Spydertrader's Jack Hershey Futures Trading Journal

    Well first it continued to change and then that continued a bit more before it changed for real and continued short. :D I was on the right side when it did break down at 11:50, which is some consolation for all the "washes" that went before. Come on you experts, tell us how you handled...
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    understanding capitalism and efficiently run business

    http://www.amazon.com/Wealth-Poverty-Nations-Some-Rich/dp/0393318885/ref=pd_bbs_sr_1/002-1265441-1443233?ie=UTF8&s=books&qid=1187609905&sr=8-1 http://www.amazon.com/Atlas-Shrugged-Ayn-Rand/dp/0452011876/ref=pd_bbs_sr_1/002-1265441-1443233?ie=UTF8&s=books&qid=1187610002&sr=1-1
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    Spydertrader's Jack Hershey Futures Trading Journal

    No contradiction intended, I apologise if I wasn't clear. I think of the DOM as showing the limit orders of the willing buyers and willing sellers. They are the supply. * If the Ask (supply of Longs) is smaller and there is a wall on the Bid, it stands to reason that the minority can take...
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    HSI --- the perfect market

    Untradeable gaps followed by untradeable laterals. Welcome to Asia. :D
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    Spydertrader's Jack Hershey Futures Trading Journal

    Careful - at points of change the orders showing on the smaller side of the DOM are going to be wrong (not in control). When you are at a wall, the majority of orders could be hitting the wall while the minority quietly hit the smaller side. Which side is in control?
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    Stochastics and price action

    <img src=http://elitetrader.com/vb/attachment.php?s=&postid=1572794> :D
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    Spydertrader's Jack Hershey Futures Trading Journal

    I was simming this and made numerous errors in the period in question. 1. I was long from 10:34 at 1434.75. It was a good entry near what I thought was the FTT. 2. Next bar I saw decreasing black - good. BUT it also was a TL BO. This is not good - it means my channels are wrong...
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    Spydertrader's Jack Hershey Futures Trading Journal

    This is a fairly important question. I suspect IB datafeed is "good enough" but I'd like to see what I am missing. The DOM section of the syllabus passed without much good discussion. Let's not let the tick chart part similarly fade. Those who have learned and benefited from this...
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    Short DAX at 7740

    HAHA! I saw that bar form and I thought AS has got his fill (7 lots at 17?). Good job. Why did you set the trap at that level - is it some type of fib number retrace?
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    dropping a bomb

    The responsibility of the trader, imho, is to determine when the market is continuing and when it is changing. This repeated monitoring allows the trader to stay with the winners and get out of the losers, ideally before they become losers. (Why let your stop get hit?) The market tells the...
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    The Heuristic Value of Studying SCT

    OK, I get the humour: it's not even qualitative let alone quantifiable. Coding context is tough. Have you tested entering/reversing on every bar that qualitatively and quantitatively looks like an FTT, 3 ticks from the extreme of point one and placing a stop one tick beyond point one? How...
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    dropping a bomb

    What about the risk of being in cash on the sidelines when the markets are moving? Does the risk-free rate even begin to cover this? How about being in a low return trade when there are better opportunities going on? What about all the great trades you miss because they did not pass...
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    The Heuristic Value of Studying SCT

    Aah, the thread of lost souls. Here you all are. Souls 'R Us. Or should that be rebranded US 'R Souls? I think you meant "quantitative" above in the appeal for hard thresholds to code, btw. Screens have been posted. The solution to pollution is dilution. Have a nice day!
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    Anyone using projectors?

    I've watched compressed videos of some of the more interesting days on my 80" projector screen, but not considered trading from it (it's just another layer of technology to go wrong, for one thing). However I recommend it for review and teaching others as the change signals kind of jump out at...
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    Spydertrader's Jack Hershey Equities Trading Journal III

    What do you guys think of this MTOX chart? <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1564350>
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