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    Spydertrader's Jack Hershey Equities Trading Journal III

    http://www.elitetrader.com/vb/showthread.php?s=&threadid=44993&perpage=6&pagenumber=1 This thread focuses on the use of the MACD 4,13,1 which is very similiar to nature of the fast line of the 5,13,6 MACD. The 1/2 macd value and neutral xross value were what were discussed. I would also...
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    Spydertrader's Jack Hershey Equities Trading Journal III

    I have been MIA working away trying to really nail down this equities stuff. I think I am near the end of the tunnel so to speak and have realized that it was KISS all along. These journals really are the nuts and bolts of equities trading. For those just getting into this stuff...
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    Spydertrader's Jack Hershey Equities Trading Journal III

    I just signed up for snapsheets and telecharts. I use to use Daily Graphs and prophet.net but think tc will be much better for sector analysis. Do you know if tc/snapsheets has an indicator simliar to unusual vol in qcharts?
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    Jack Hershey's Drill number 1

    As requested from an Ivy brethren, I would let those who are interested know how I am doing. I trade stocks with good success using the stuff I learned in the ES. Level 1 for me was the PV relationship and cycles as MAK discussed earlier. Once channels set in, things really started to click...
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    Improving Trading Skills

    I think you are unable to understand what he says because simply you have have had different experiences then him. Is that hard to understand? I would suggest looking at Spydertraders journal(journal section). He sais his system is derived from Grob109s writings and he made > 70% of his...
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    Why so hard on indicators?

    Could you elaborate on this? Not quite sure where you are going with this. Am I off in saying that the market is always in a cycle and the 5,13,1 indicator represents the cycles? Just curious. Also, in all the things you listed in your sequence list, the divergence is the most important IMO...
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    Why so hard on indicators?

    IMO, the market is always oscillating up and down in cycles. An indicator that is in tune with the cycles is extremely useful. The macd is useful if it is in tune with the cycles of the market. Jack has suggested the 5,13,6 macd. IMO, the histogram and 6 ma is of no use to really see what is...
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    Spydertrader's Jack Hershey Equities Journal

    Welcome back, hope vacation treated you well.
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    Macd

    Great. I appreciate the heads up and have read those pages multiple times. While this system usually gives winning trades, I was just kind of hoping to spark some conversation about the worst case scenarios(so we can handle them if they come up). Thanks again and I hope you took those trend...
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    Macd

    AMT, Thanks for keeping up with the great charts. I had a question regarding losses as the winners take care of themselves. I was wondering when the biggest losses occur for this type of trading. It seems to be when you take a 1/2 macd entry and then the macd gets back to the 1/2 macd...
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    Macd

    -10:10 bar UV - DV > 2500 and volume greater than 10k. -macd in trending zone(this is a macd thread) -entry at 2.2 for possible trend on 10:25 bar. A little later than the actual signal at 10:10. I just wanted to see a little more vol confirmation of a possible trend. still holding...
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    Macd

    AMT, Thanks for the quick reply. Looks like I am not the only one perusing the boards at 1 am. Shouldnt you be hanging out with your 26 yr old wife :D Anyway, I have noticed that a bid/ask volume switch usually occurs before the 1/2 valley trade. It seems like we are waiting for the...
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    Macd

    AMT, I was looking at your charts for today and was wondering how you would handle the period between 12:35 and 1:25. It looks as if you may get whipsawed in this period using the 1/2 value macd trade. The stochastic 5,2,1 seems to work well with these congestion periods. Also, do you...
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    Macd

    AMT, Just wanted to say thanks for the great charts.
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    Macd

    AMT, Thanks for the great charts. I hope you keep posting them and had a few questions. I think that this type of trading is good for 2 types of market conditions; congestion and catching the change in trend early. I would think the first part before taking "1/2 macd valley trade" is...
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    Macd

    I was wondering if you could elaborate a little more on the use of these 2 combined indicators. I have been using the 5,3,2 stoch in combo with the 5,13,6 macd and never could put it all together. Are their significant levels for the 5,5,2 stoch like neutral is for the macd? Maybe the 50...
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    Spydertrader's Jack Hershey Equities Journal

    Are your indicator readings from the 30 min for BCSI? Also, I find that negative macd histograms are fine for entry but negative macd lines indicate a down trend. Thanks.
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    Macd

    I like your post. I just wanted to chime in on what I do and how it differs from what you mention. I use a bigger timeframe to get an overall bias of the market. I then use the shorter timeframe for entries and stops to catch a bunch of the longer timeframe trends. I have never been able to...
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    Macd

    This is the biggest problem I have. What I think I have noticed is when the MACD lines oscillate above the "0" lines, their is a long trend and vice versa for a short. I also notice when the lines come to nuetral and "land", the market was in chop and now is getting ready to BO and usually into...
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    Macd

    What settings are you using for the MACD and DMI? If you do not want to divulge, i totally understand.
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