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    Spydertrader's Jack Hershey Futures Trading Journal

    The YM leads the ES - Jack Hershey The above often cited phrase has generated significant controversy over the years. One need look no further than the library of work posted by Jack (on ET or USENET) to find many examples. As one who witnessed countless occasions...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Welcome Back from your trip. It would depend on one's orientation with respect to 'resolution' level (See earlier post with three levels annotated). However, one can drop down to finer resolutions in an effort to catch all the FTT's which appear directly or indirectly from channel to channel...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Although Volume on my own charts appears a little different than the attached example shown by Mak, I do not view the price action as all that atypical. Understanding that we all see things differently, decreasing red volume combined with decreasing price tells me to expect the trend to change...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Spent the evening with the family after returning safely from Tucson earlier in the day. I plan to catch up on Email / PM / IM and posts by tomorrow evening, and plan to have the YM information up sometime tomorrow during the trading day. - Spydertrader
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    Spydertrader's Jack Hershey Equities Trading Journal III

    I plan to clean up the Final Universe tomorrow evening after I return from the Tucson Meetings. - Spydertrader
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    Spydertrader's Jack Hershey Futures Trading Journal

    What I am saying to you is ..... I agree on the importance of annotating channels and Gaussians. :D - Spydertrader
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    Spydertrader's Jack Hershey Futures Trading Journal

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1344558>
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    Spydertrader's Jack Hershey Futures Trading Journal

    As January draws to a close, I wanted to make sure everyone understands several basic concepts before moving forward. Resolution Referring to 'level of detail,' beginners should focus on the 'Coarse' Levels - or what I commonly refer to as 'The Forest.' Coarse level resolution has the...
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    Spydertrader's Jack Hershey Futures Trading Journal

    In an effort to keep the thread on topic, please follow the syllabus and avoid jumping ahead until the appropriate time. We start the YM discussion February 1st. Thank-you. - Spydertrader (from Tucson)
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    Spydertrader's Jack Hershey Equities Trading Journal III

    I expect to post an update on the Tucson Meetings, as well as the Video Files to be made available in the near future. - Spydertrader
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    Spydertrader's Jack Hershey Futures Trading Journal

    I expect to post an update on the Tucson Meetings, as well as the Video Files to be made available in the near future. - Spydertrader
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    Spydertrader's Jack Hershey Futures Trading Journal

    The above statement is incorrect. Please see the third post in this Journal. Currently, we watch for an FTT formation before entering. In the example you posted above, you do not wait for an FTT to enter. You entered off a Point Three Formation - trading the dominant traverse of an uptrend...
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    Spydertrader's Jack Hershey Equities Trading Journal III

    If possible, you might want to change the colors of your volume bars to show the black / red colors scheme. Following the Gaussian Formations outlined by Jack provides added insight when determining the location of an FTT. In addition, adding a 'taped' channel for the final two bars of your...
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    Spydertrader's Jack Hershey Futures Trading Journal

    The Equities methods use Daily Bars for the nightly analysis. Intra-day refers to the futures methods using a 5 minute time frame. Equities use the Daily Time Frame. - Spydertrader
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    Spydertrader's Jack Hershey Futures Trading Journal

    I encourage everyone to remain focused and avoid the temptation to engage in debate with those with no other agenda than to sidetrack the focus of this thread. ET has provided tools to facilitate this process. By clicking Ignore and Complain, disruptive individuals fail to receive the attention...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Any market, Any time frame - provided sufficient liquidity exists. - Spydertrader
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    Spydertrader's Jack Hershey Equities Trading Journal III

    You are only 2 months behind where we introduce the FTT into Journal II. No need to rush to catch up. Take your time. - Spydertrader
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    Spydertrader's Jack Hershey Futures Trading Journal

    See Jokari Window. Actually, it isn't an FTT. What we see here is a type of Flaw known as a 'Stall' based on Price and Volume. However, in real time, you may have thought Price was forming an FTT. At the time you would have made your decision, Volume would have been red. However, Red Volume...
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    Spydertrader's Jack Hershey Futures Trading Journal

    You remain right on schedule. No need to regret posting those charts. I have no doubt many found them to be helpful. Everyone needs to have the Gaussian Volume formations (along with the FTT) down cold prior to their use of additional tools. Debating with others over the validity of the P-V...
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    Spydertrader's Jack Hershey Equities Trading Journal III

    We have followed SWFT for a number of days. During that time, Price has continued to follow the trend lines we put in place on this day - 8 days ago. In addition, we witnessed how a trader could have 'daytraded' this stock on two separate occasions in order to make a quick buck. Now, we see...
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