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  1. J

    Spydertrader's Jack Hershey Futures Trading Journal

    I am having a hell of a time figuring out how to use if1/if2 apa... I like the idea of having lines in the sand and I think the next step is linking trades, as Im sticking to ftt/pt3 entries right now. I have read the sexy idea thread and the diagrams, having trouble getting it into my head...
  2. J

    Spydertrader's Jack Hershey Futures Trading Journal

    Congrats on the trades =) . I know exactly what you mean, hard to pinpoint a good entry after a retrace. Either too early and market runs against you for a ways, or too late and it's hard to enter because market is taking off on a WRB. Did you have a predetermined amount that you were...
  3. J

    Spydertrader's Jack Hershey Futures Trading Journal

    you never know it's going to be a short term retrace...all retraces start the same way, but some end up as reversals. As far as I can tell you never know that before hand. I suspect he drew it in and took it out later so we can see the chart more clearly.. In any event, you have drawn it in...
  4. J

    Spydertrader's Futures thread

    I tend to agree with bundle and Swordsman. I have been around since the beginning working tirelessly studying this method. I have been looking forward to the "Realtime Video Example Trades" since January. Per the original syllabus these were to be taking place during August. It seems that...
  5. J

    Spydertrader's Jack Hershey Futures Trading Journal

    Notice that FBO is colored orange, there was an FTT of the orange channel and price headed toward the RTL but resumed downward before breaking out of the channel
  6. J

    Spydertrader's Jack Hershey Futures Trading Journal

    Does this snip make it more clear? Strange that mine, yours and Spyder's all look different at that time..?
  7. J

    Spydertrader's Jack Hershey Futures Trading Journal

    A good example I came across was the 10:55 - 11:00 sequence today. I will have to reread your post a couple of times before I can comment on the practical application. :D Can someone point me to a place to get the concept of apa/if1/if2? Somehow I missed it and everything in the journal...
  8. J

    ES Journal Archive (2006 - 2008)

    1473-1474 is too strong
  9. J

    ES Journal Archive (2006 - 2008)

    got a target in mind ?
  10. J

    Spydertrader's Jack Hershey Futures Trading Journal

    You are correct, the examples will be categorized into one of the above. However, I view these situations as continuation. I am struggling with the decision points on when to reverse. If on my res. level I am to hold through such situations, I dont see how I can view them as change...
  11. J

    Spydertrader's Jack Hershey Futures Trading Journal

    I was not aware that a VE on decreasing volume was a signal for change on its own. Perhaps its a domino, but I think you will find yourself on the wrong side of the market more often than not if you reverse on a VE that has a little less volume than the preceding bars. I do not trade FTTs on...
  12. J

    Spydertrader's Jack Hershey Futures Trading Journal

    not to be dismissive, but if 'high' volume is averaging < 10k per 5min bar, there has to be something better to trade To navigate this pace level effectively, you need to be an expert, and experts dont ask how to navigate channels ... otherwise, you dont have access to a tool that will give...
  13. J

    Spydertrader's Jack Hershey Futures Trading Journal

    Hey Spyder.. Had a few questions about the 11:35 bar. For some reason I am finding this bar fascinating :confused: . I am going to try not to mix my resolution levels here, but it appears to be a VE on all but the finest fractals. For the tree level, which is where I attempt to stay, I am...
  14. J

    Spydertrader's Jack Hershey Futures Trading Journal

    In my opinion, lunchtime is an extremely difficult time to trade for beginners, especially when trying to zig zag through a lateral. Here is my take on that situation, viewing it as a long retrace of a shallow down channel.
  15. J

    Spydertrader's Jack Hershey Futures Trading Journal

    I havent delved deep into the practical application of T&S, but I found this example to be very interesting today. Without fully understanding the macro factors taking place, it's easy to see this size come in, form an FTT and scream change. Didnt recognize it as such at the time, but...
  16. J

    Spydertrader's Jack Hershey Futures Trading Journal

    I dont think INCORRECTLY is the right term to use. Rarely will more than 2 bars in a tape sit on the RTL. As long as the market is making higher highs, I dont see why you cant fan (rotate) the tape RTL to contain the action. Perhaps this becomes a pt3 channel then, but this depends on your...
  17. J

    Spydertrader's Jack Hershey Futures Trading Journal

    November 7th ES The bluish arrows are my depiction of ideal tree level trades. I may have the term incorrect, but this is the level that I feel most comfortable at. It netted around 46 pts, if only I could mimic it in realtime. The decisions (hindsight) were made as I would have liked to...
  18. J

    Spydertrader's Jack Hershey Futures Trading Journal

    Today's Chart That 2:20 bar seemed like a big practical joke played on someone :D
  19. J

    Spydertrader's Jack Hershey Futures Trading Journal

    :D way to be prepared though Lets reconvene in 24 hours
  20. J

    Spydertrader's Jack Hershey Futures Trading Journal

    u know this is tommorrow right?
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