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  1. M

    Spydertrader's Jack Hershey Futures Trading Journal

    Very nice. The dominant RTL XO -> BO really helps to confirm that the BO will not FBO. Yes, for the more skeptical, well what about when you have BOs on RTL XO but with DECR PRV??? If the subsequent bar CLEARS the RTL, I usually flip into either PENNANT or LATERAL modus. For furthur clarity, I...
  2. M

    Spydertrader's Jack Hershey Futures Trading Journal

    In time it will become easier to do it before the fact... Earlier in the thread, I posted 3 RT posts. In the second, shot I got the EEK I had projected circa the RTL BO on YM... Eventually, the early annotations become routine. Operating in the uncharted space is more of a projection. If I get a...
  3. M

    Spydertrader's Jack Hershey Futures Trading Journal

    Averaging a fine control tool buries the signal that you ultimately want. Consider what you are proposing carefully with respect to the information we are attempting to gather from the indicator... MAK
  4. M

    Spydertrader's Jack Hershey Futures Trading Journal

    There are a couple of internal issues with STR/SQU. This is one of the reasons why I am a staunch advocate of understanding the tools that you choose for data. If you carefully unravel what STR/SQU is, you will find that it is an arbitrage indicator. The underpinning of the futures arbitrage...
  5. M

    Spydertrader's Jack Hershey Futures Trading Journal

    Nice... That's how I annotate my volume... But I do all INCR V. I double annotate the INCR V bars that also had RED/BLACK INCR V shifts... Regards
  6. M

    Spydertrader's Jack Hershey Futures Trading Journal

    SIGH... You are wasting your time. Why do you keep failing to do the other half of what's required in this process??? DEBRIEF! This means asking yourself the tough questions. You can post them but cannot expect to get an answer. Long posts require a tremendous amount of time. Your supposedly...
  7. M

    Spydertrader's Jack Hershey Futures Trading Journal

    So why not start with what you are doing correct (rhetorical)???!!! Because that is how one is supposed to progress. You stick to what you do know and throwout (ie. DON'T GUESS ABOUT) what you don't know. I couldn't tell anyone crap about a harmonic and trading and I certainly do not feel...
  8. M

    Spydertrader's Jack Hershey Futures Trading Journal

    For you and the likes, this is utter nonsense. This entire journal is FREE. No one is obliged to make demands of any sort. It's a two way street here. For those that understand, it is a reinforcer. For those who don't, it is something to contemplate and sort for themselves. Live trading, videos...
  9. M

    New York buyers pay $200,000 for car space...WTF people.

    But how many $500K+ jobs does ATL have? There are more than just a handful in my office building alone... Additionally, NJ is no NYC. In NYC, you get several times as many options for the same activities. See a play, there are more than dozen to choose... If we are going to compare, it's got to...
  10. M

    New York buyers pay $200,000 for car space...WTF people.

    Lastnight I went to an open house for a near 7 figure box (as I call it) in Park Slope Brooklyn. Mind you I already own a spread on the island and the fiancee has her own dig around the corner from the open house. The "box" isn't even comparable to the LI spread but "she" is particular. In any...
  11. M

    Spydertrader's Jack Hershey Futures Trading Journal

    So let's say you don't do as I do, then you have the classic example a la spyder where you have an FBO. RIGHT???!!! But as I have stated before, what I do is different, however we get to the same place. Do not try and emulate MAK's thinking, think for yourself. Everyone asks great questions, but...
  12. M

    Spydertrader's Jack Hershey Futures Trading Journal

    :confused: So here's where things are different FOR ME. A bigger channel for me is something I annotate on a larger fractal, say 15M/20M/30M and overlay on the 5M. If you are a beginner, we stick with the program and do forest level stuff. A forest level is simply exiting when you walk out...
  13. M

    Spydertrader's Jack Hershey Futures Trading Journal

    I annotate differently so I superimposed mine onto yours. Notice how we get the same answers.... VERY NICE! As long as you are on the right side it's all good... The BOs here cleared without FAILING (ie. FBO). <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1611709> MAK
  14. M

    Spydertrader's Jack Hershey Futures Trading Journal

    The point is to see the next sequence. If my pt3 is not where I am looking to see it, then I adjust for where it shows up. If we look at the sequence, it goes FTT/Pt1->RETRACE/TRAVERSE->BO->Pt2->RETRACE->Pt3->TRAVERSE->LTL/FTT/Pt1->.... If I don't get a pt3 then I am either still in a RETRACE...
  15. M

    Spydertrader's Jack Hershey Futures Trading Journal

    Pt3, pt1, RTL... Any point that begins a traverse. By rank, pt3 would be the safest. Unfortunately, I cheat so I typically put in my pt3 well in advance of it happening. When I get pt1, I immediately draw my RTL and LTL before I get pt2. This is typically because I have an expectation for the...
  16. M

    Spydertrader's Jack Hershey Futures Trading Journal

    Personally, I see all INCREASING BARS as INCREASING BARS. I refine the matter by noting whether the bar has a SPIKE and/or TRAVERSED and/or RETRACED the channel. If it only did one or the other (ie. TRAVERSED/RETRACED) then my sweep is finished. If it both TRAVERSED and RETRACED the channel...
  17. M

    Spydertrader's Jack Hershey Futures Trading Journal

    XO = CROSSOVER CLEARING = No part of the BAR touches the RTL (this is an anti-whipsaw preventive measure for moi) PERSONALLY, were I a beginner, I would only trade TRAVERSES (dominant). However, if I were BM, I would only trade SINGLE extreme VOLUME 5M bars. How do I know the current bar is...
  18. M

    Spydertrader's Jack Hershey Futures Trading Journal

    I see it this way too... The clincher there is the "SPIKE" of that bar. If we think about this, and I do alot of this, there is a sequence. Jack goes on ad naseum about sequences, oh dear, my head hurts. HOWEVER, accepting that there are sequences keeps only the essential elements to focus on at...
  19. M

    Spydertrader's Jack Hershey Futures Trading Journal

    Would you say more often than not you see this type of thing? For me this is more of an exception. But then again, the xo are not hyper for me. Usually here, I watch the accumulation and note which side of the DOM is falling out. In actuality, only 2 things can happen, either the bar "clears"...
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