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    Spydertrader's Jack Hershey Equities Trading Journal III

    I hadn't yet deleted those stocks when I posted my Final Universe last time. I have since deleted all symbols without rank. - Spydertrader
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    Gentlemen, Start Your Engines!!

    A mechanic for Brian Vickers' No. 83 Nextel Cup team, was shot and killed outside his home in North Carolina on Saturday night, according to a television report. http://msn.foxsports.com/nascar/story/6639232
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    Spydertrader's Jack Hershey Futures Trading Journal

    04-05-2007 YM Chart - Spydertrader
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    Spydertrader's Jack Hershey Futures Trading Journal

    04-05-2007 ES Chart - Spydertrader
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    Spydertrader's Jack Hershey Futures Trading Journal

    He makes a mean batch of Kool-Aid. :D :D :D - Spydertrader
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    Spydertrader's Jack Hershey Equities Trading Journal III

    Keep in mind that Equities trades off a daily time frame. Dropping down to a lower fractal, and applying the same techniques used on the daily time frame helps to catch 'the turns' so to speak. Gooch87 traded this way on a five minute chart before heading to work. I recommend reviewing some of...
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    Spydertrader's Jack Hershey Futures Trading Journal

    I started using STR / SQU on a 2 minute time frame running the STR / SQU chart underneath my YM. While discussing several topics with Jack (in his kitchen), he noticed my display and instructed me to change the STR / SQU to the one minute time frame. For those with an IB datafeed, one of...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Monitoring 'bar to bar' only occurs at 'Action Points' for Coarse Level Resolution (Forest / Tree) traders. Unless a trader monitors on the 'Leaf' Resolution Level, 'engulfing' bars have no significance. Some have named one type of engulfing bar "FT3's" - as a method to describe a bar which...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Please review this post. - Spydertrader
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    Spydertrader's Jack Hershey Futures Trading Journal

    Other than to insure I do not need to 'reset' the 'offset' value, no. I look at STR / SQU only in the now. A very nice thing to notice. The futs leads the cash until you see an inversion. On February 27, 2007, we witnessed the first inversion in a very long time. The value of...
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    Spydertrader's Jack Hershey Equities Trading Journal III

    Nicely done. - Spydertrader
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    Spydertrader's Jack Hershey Futures Trading Journal

    04-04-2007 YM Chart - Spydertrader
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    Spydertrader's Jack Hershey Futures Trading Journal

    04-04-2007 ES Chart - Spydertrader
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    Spydertrader's Jack Hershey Futures Trading Journal

    If STR/SQU invalidates incorrect thinking and validates correct thinking is it still a guess? :D It isn't an 'always on' indicator. When no information exists to indicate continuation or change on the other tools (ES, YM, PRV, etc.), we look to the STR/SQU. Because we have not yet introduced...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Memorizing the 30 some different data sets required for continuation and change is not how you want to go about learning this stuff. - Spydertrader
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    Spydertrader's Jack Hershey Futures Trading Journal

    1. I currently have my 'offset' value set at 65 2. Inside -2 to +2 we consider neutral or noise - no signal. 3. As I indicated in this post, one should not look for STR/SQU to provide a signal for change or continuation except at the Resolution Level action points. 4. In order to seek a...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Stretch / Squeeze provides a signal for continuation or change. Your attached chart of STR/SQU appears slightly skewed to the downside. During the timeframe presented all of your histogram bars head downward. This tells me the 'offset' used wasn't correct. <img...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Anytime you find things confusing, head to the sidelines until you can figure out the 'right' side of the market. If you have reversed a few times before having the realization the market had entered into an HVS, go back to determine which mode the market signaled prior to the confusion, locate...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Neither way is wrong. We should expect each of us to 'see' things slightly different than another. For me, the market had already shown lateral movement at 11:30, so I felt drawing another up channel wouldn't have provided me any additional information. If you 'see' things differently, and they...
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    Spydertrader's Jack Hershey Equities Trading Journal III

    Nice little intraday payday. - Spydertrader
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