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    Spydertrader's Jack Hershey Futures Trading Journal

    A case of Booleans 1 : Edgers 0-5% (with 95% confidence).
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    Spydertrader's Jack Hershey Futures Trading Journal

    No ES for me today. I did sim the DAX for 33 points in 2 hours though (roughly 24 ES points). Having missed the initial move I then sat through lateral movement going in and out of break-even for the best part of 2 hours (typical!) before being rewarded with the new point 3. This was an...
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    Spydertrader's Jack Hershey Futures Trading Journal

    1 round trip. +5.3 Time for bed. :D
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    Down The SCT Rabbit Hole

    What - as opposed to somewhat true, probably true, partially true, a little bit true...? LOL! You don't need perfect data to make correct decisions and act in a timely manner. You combine data sets so no one data element can unduly influence you. While perfect data is a red herring, it...
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    ES leads YM or reverse?

    Bravo!
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    Spydertrader's Jack Hershey Futures Trading Journal

    The P/V relationship is universal. What other markets lack is the equivalent of the YM/INDU pair. I've noted the relationship between the indicators and the gaussians before. I still feel the Stoch(5,2,3) is useful enough to stay on my charts, especially to catch break-outs from laterals...
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    Spydertrader's Jack Hershey Futures Trading Journal

    The attached shows how to scale up once you have earned the right through consistency. Jack calls it the "Yellow Brick Road", I call it "Why We Trade". :D (Comments welcome by the way.)
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    Software Used to Trade Jack Hershey Methods

    I realised I had already done this on my charts before getting into the IF2 stuff in detail. I use paintbars to colour the volume pane background depending on whether price went up relative to the prior bar (grey), down (pink), inside (no color) or outside (light blue). I also colour the...
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    Spydertrader's Jack Hershey Futures Trading Journal

    I must say that this thread has taken a turn towards the surreal with contributors insisting that left is right, decreasing is increasing and that a quick mental calculation of risk:reward is not prediction. It's starting to look ridiculous. Can some objectivity be restored before year...
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    Spydertrader's Jack Hershey Futures Trading Journal

    There are at least 2 definitions of tape that I have read. The first and most meaningful is the tape that describes the current pace of the market. This is the channel that the price bars fill, in other words the volatility in each bar period, approximates the channel width. This helps you...
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    Spydertrader's Jack Hershey Futures Trading Journal

    What? I can't believe we are in December and people are still talking in terms of risk:reward. Simple IF2 would have worked. Don't predict.
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    Spydertrader's Jack Hershey Futures Trading Journal

    I've been working on the IF2 APA drills pretty hard the last couple of weeks - actually one of your recent posts prompted me to get my notes out and read some old posts again. There is more to IF1/IF2 APA than most people realise. A brief list of its attributes off the top of my head...
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    Psyntax and Psychology

    (S)He's a good and entertaining mimic. There are plenty of tells that show it is not quite the real thing, however, notably the errors in the recent pontifications on the DOM.[color=blue][color] But very funny nonetheless. If only more people here had a sense of humour then we could all get...
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    Price/Volume Relationship

    LOL. I like your style - it reminds me of someone....no, it's gone. I spent some time explaining this to BogHog in the Chat room a few months ago. All he sees are price levels being hit which apparently brings in volume which was not motivated at previous price levels. Fair enough, that is...
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    Random Walk Theory Proved, once and for all.

    Hi I don't know if this has already been discussed, but rather than compare randomly generated price action with the real thing have you considered examining the mirror image of a real OHLC chart and contemplating why it looks wrong?
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    Zinc mining stocks...

    I'll throw you a bone, albeit a diversified major: Xstrata (XTA.L) Are you the guy who asked if there were any active markets outside US trading hours? Man, you are laaaaaaaaaaaazy. :p
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    Crude priced in Eurodollars? - Discuss

    It's pretty simple. If all the dollars circulating outside the US (billions of petrodollars) can no longer be converted to oil (e.g. the selling country wants Euros, say) then those dollars will all end up back where they can be exchanged for something useful: the USA. Could be inflationary...
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    Spydertrader's Futures thread

    Let's address these points one by one and see where we end up. My responses are in blue. [/b] Nobody is marketing SCT. It is offered free to anyone who cares to do the work. The only investment therefore is your own time. How you value your time is up to you. It does not take long to see...
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    Software Used to Trade Jack Hershey Methods

    In Excel, select all tabs and do Find-Replace All (yourId to userId) and save as a new file. This gets rid of your IB userid and makes it easy for someone else to reverse the process. This is not all, though: Excel still leaves traces of your Windows username all over the place. So if you...
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