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3 trades so far today based on intrabar signals on 5 min chart: 09:50 Long 881.75 exit 09:53 879.75 -2 10:17 Short 874.50 exit 10:20 875.50 -1 10:28 Short 873.50 exit 10:29 875.50 -2 In the first case, both 14,1,3 stoch lines were above 80, macd histogram > 0.4 and macd >1. In the...

Trendy No reason at all why his stochastics method shouldn't be applied to equities as well as futures. You just need good liquidity. Jack focussed on a minimum 65 day average volume of 300k. We were not using stochastics when trading together last year. It was based around stock selection...

Dawg, Jack's method for trading equities is long only. He focusses on growth stocks, based on CANSLIM criteria. He trades futures from a "neutral standpoint" i.e. both long and short. David

Trendy, I followed Jack's method for trading equities for six months. Traded 2 months for real. The results are all posted on the msn group in 2 P&L spreadsheets, along with charts for the trades. I was not able to maintain profitability. It could have been due to the fact the system focussed...

None of Jack's books are on trading. Fact. The simplest way to get the answers that you require is to ask Jack in a civilised manner. Be patient and persistent, or put him on ignore if you prefer. Flames will not help.

The MSN site may be found here: http://groups.msn.com/ShortTermStockTrading/messageboard.msnw Plenty of background reading on both Index and Stocks boards. Check out the Pictures and Documents areas also. The file allchats.zip contains transcripts of the realtime chats. David

see attached

12 Mar 03 3 trades 14:05 L @ 793.25, exit 14:15 @ 793.50, +0.25 14:55 L @ 796.75, exit 15:15 @ 799.50, +2.75 15:55 L @ 803.25, exit 16:15 @ 805.50, +2.25 total +5.25

Can anyone recommend any sources (books, urls etc) for interpreting intraday volume vs. price action? Thanks

Trendy, Oops! tx. -1.25 total

11 Mar 03 10:15 L @ 813.50, exit 10:20 @ 812.25, -1.25 10:45 S @ 807.50, exit 11:15 @ 805.00, -2.5 12:00 L @ 809.00, exit 12:05 @ 808.00, -1 14:20 S @ 805.75, exit 14:30 @ 807.25, -1.5 total -6.25

3 Mar Long 09:35 848.50 exit 10:05 848.75 +0.25 Short 10:45 844.25 exit 11:45 841.50 +2.75 Short 14:20 836.75 exit 14:50 836.75 0 total 3

For clarity of signals, I trade Jack's method on the close of each 5 min bar.

Alain Please correct me if I'm wrong but trading on the close of 5 min bars in real time should give the same results.

Jem, Are you assuming that the data might have changed in some way between 10am and 1pm e.g. a data correction? Otherwise, I would expect signals to remain in place as they appeared earlier. BTW, the spreadsheet was generated simply by stepping through the 5 min bars and using closing values...

himself - I guess it depends if you want to assume slippage of 1 tick per trade.

trades from 3 Feb '03 to 28 Feb '03 criteria: long if stoch 14,1,3 fast & slow > 80 and MACDH >0.4 exit if fast stoch < 80 short if stoch 14,1,3 fast & slow < 20 and MACDH < -0.4 exit if fast stoch > 20 results: 52 trades, 41.25 pts, $4.80 round trip, net $1812.90 if no trades...

A "wash trade" is to exit at break even.