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  1. L

    Spydertrader's Jack Hershey Futures Trading Journal

    Another view is in the attachment. lj
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    Spydertrader's Jack Hershey Futures Trading Journal

    When such an event occurs, one does need to recalculate STR-SQU during a relative 'calm' period of the opening few bars. Jack advises waiting until market 'sync' at Bar Three. I do not require a 'waiting period' for recalculation, but one does need a relative 'market calm' moment in order to...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Attached is my AM STR/SQU and with the indexarb value of 8.23 = 8 for the offset (-8), clearly it's "riding high". I have read of several ways to adjust the zero but basically it seems to boil down to a guesstimate. Spyder's offset, if I'm calculating it correctly, would have been 13446 -...
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    Spydertrader's Jack Hershey Futures Trading Journal

    I use the close of the 15:58 YM Bar to coincide with the close of the INDU. Thank you Spyder. Clearly you were referring to the close of the 15:58 2 min YM bar (not the 1 min bar - why did I think that???) which today was 13446. 1 min bar edge traders die hard. lj
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    Spydertrader's Jack Hershey Futures Trading Journal

    Question for Spyder: Way back in April of this year you stated that you "... calculate the offset value using the close of the 15:58 ET bar for the YM and the close of the INDU". So for today, for example, I would determine those numbers to be: 13460 [DTNIQFeed/QT setup] and 13432.77...
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    Spydertrader's Jack Hershey Futures Trading Journal

    12-10-07 09:20 PM quote from cnms2 In my opinion this is not the way to stay on the right trading resolution. Tradable channels / tapes are those that have their dominant traverses showing volume increase, and their retraces showing volume decrease, as long as they meet the minimum pace for...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Some upward pt. 3 channels never have zero pace or pace that opposes the direction of the dominant traverses. A lot of these channels look very slim, and can be easily be mistaken for tapes. But if one adheres strictly to the level of resolution one has chosen to operate on (extremely critical...
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    Spydertrader's Jack Hershey Futures Trading Journal

    A totally unambiguous statement by Jack that if not completely understood can lead one astray. avi 8, An unambiguous, "Hear, hear". Your insightful posts have been very helpful to me and helping is what it's all about. lj A little Learning is a dang'rous Thing; Drink deep, or taste...
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    Spydertrader's Jack Hershey Futures Trading Journal

    I think it (the Jokari Window) is more complicated both than what I had originally thought .... Hmmm. I wonder if quoting yourself is as bad as talking to yourself. Whatever, the best I can come up with right now is this. Due to the constraints imposed by time, the price vector as drawn...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Lj - On your pic the #3 arrow you have is a pt2 for price, only a half cycle. I don't think that could be interpreted as a full cycle. Don't agree with you EZ. You can draw a channel where #3 is a point 3. I think it (the Jokari Window) is more complicated both than what I had originally...
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    Spydertrader's Jack Hershey Futures Trading Journal

    ... the asymmetrical relationship between price and volume is the effect of the channel slope. Me agree. lj
  12. L

    Spydertrader's Jack Hershey Futures Trading Journal

    Maybe the cycle referred (1:2 ) to isn’t the R to L to R movement in the channel My guess on this is shown in the attachment. If one defines a "long-short" price cycle as price moving from one value to some higher value and then back to the original value then this stuff falls into place...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Uttss. Here's the attachment. lj
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    Spydertrader's Jack Hershey Futures Trading Journal

    Avi 8, what you say in the text about P1 to P2 movement does not match what you have annotated nor does it match what has been said previously (see attachment). With that clerical correction in place, then what you say about the failed Jokari scenario makes sense to me and involves a movement...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Dear Mr. Chicken: If you'll look closely at the pair of figures in the SCT document, I'm certain you will be able to discern that no channels have been drawn in either. I'm equally certain that if you read the first sentence of the SCT Report you will glean that the effort described in the...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Thank you Spyder for your succinct and useful response to my question. FWIW, everything I've learned about being succinct I've learned from Jack (ho, ho). lj
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    Spydertrader's Jack Hershey Futures Trading Journal

    In the attachment I have stacked a pair of snippets from a recent "Why is this an FTT?" discussion. I understand that what was said in way of an explanation has nothing to do with the FTT's having followed a VE. The critical point seems to be the interpretation of price movement intrabar. As...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Thanks all. I crashed early last PM. lj
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    Spydertrader's Jack Hershey Futures Trading Journal

    Hey Spyder or anyone, When I try to download a STR/SQU video, like this one from 5-09-07, I get this (please see attachment). Any help would be appreciated. TIA lj
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    Spydertrader's Jack Hershey Futures Trading Journal

    In the spirit of self-criticism espoused by Chairman Mao (the scum-sucking, $%^&***^$#@$*) and having reflected further on the questions posed last PM, I currently believe that nkhoi's point about the V being sucky and that's what should drive the characterization of that set of bars, is the...
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