Search results

  1. M

    Spydertrader's Jack Hershey Futures Trading Journal

    This too is my rule numero UNO! My rule numero DOS is if price breaks back above the RTL (intrabar), I have a FBO and there is an action for that. Ultimately, only 2 things can happen, either the action "clears" my RTL, or it FBOs and XO back towards the LTL... Intrabar, FBO is in my cards until...
  2. M

    Spydertrader's Jack Hershey Futures Trading Journal

    BM... Anyone posting is pointless. You, BM, have to figure out how to answer your own question. Debriefing is all about figuring out where you went wrong. I couldn't answer your earlier question today because my chart was different than yours although I still would have been able to navigate...
  3. M

    Spydertrader's Jack Hershey Futures Trading Journal

    Do you have a link to this file that I can go browse for myself?
  4. M

    Spydertrader's Jack Hershey Futures Trading Journal

    No prob... Bundle. From the beginning, the goal is simple. Learn how to make your bread & butter. It is a very critical initial step. There are more than just a few bread and butter folks around here. We do not hear about these folks because they do not want to be known AND sadly do not want...
  5. M

    Spydertrader's Jack Hershey Futures Trading Journal

    For clarity, on these 3 bars, how would a different volume analysis change your trading action? I'm just curious since I don't run into this type of flipping issue...
  6. M

    Spydertrader's Jack Hershey Futures Trading Journal

    What exactly are you trying to achieve? If your data was noisy, why didn't you just go coarser to see if you were in a new volume pace. When you are in a DU/VDU pace, things are funny. But we know this because, your SIGNAL to NOISE ratio is practically 1:1. Unfortunately bundle, sometimes we get...
  7. M

    Spydertrader's Jack Hershey Futures Trading Journal

    Did the wall stick or disappear as it got to the inside pair?
  8. M

    Spydertrader's Jack Hershey Futures Trading Journal

    Do not go past GO. Do not collect $200. Go straight to page one. All these points have been posted AD NASEUM... Numerous charts, videos, content, etc...
  9. M

    Spydertrader's Jack Hershey Futures Trading Journal

    It is a very simple concept. For example, if the weatherman tells you it is raining 50 miles to the east of you, you anticipate that rain is on it's way and note the clouds overhead. I prepare myself by pulling out my umbrella when I head for the NYC streets. If it rains, I am ready, if it...
  10. M

    Spydertrader's Jack Hershey Futures Trading Journal

    Honestly, you are going to be disappointed. Losing ticks? What do you think is missing from your picture? There is NO SILVER BULLET TICK! For you esignal users, plot the newly range/tick bar plot for your enlightenment. Then plot on the same chart the bid and the ask and WATCH VERY CLOSELY. You...
  11. M

    Spydertrader's Jack Hershey Futures Trading Journal

    THINK VERY CAREFULLY FOLKS! What separates some of us is knowing how to know. For me, it is an excercise in logic followed by the usual "aha" because now I see it which then solidifies the belief system. Think about how a 2pair looks like on a DOM. Then think about how you can scroll this...
  12. M

    How many SCT trader have busted out?

    Wouldn't you like to know... This type of Q is like swatting at a fly. We both know the fly is insignificant, a nuissance. But, just for entertainment, this is like a summer spectacular (ie. record summer returns). Do you know why though? This is where it PAYS to be a partner and not predict...
  13. M

    Spydertrader's Jack Hershey Futures Trading Journal

    Stepping back a few, long before such a group of people get to a point, they will have had an incomprehensible religious experience. The fear of an "edge mentality" completely vanishes. The reason being is that you have grasped and achieved being skilled in dancing so to speak. You know how to...
  14. M

    Spydertrader's Jack Hershey Futures Trading Journal

    FALSE! You can get sextuplets and they still will defer on action... The execution time will be normally distributed at best... And honestly, if you had that problem, you go to a different fractal, asset, market, etc...
  15. M

    Making $200-$400 a day (average), realistic goal for a new trader to grow into?

    Certainly is realistic... I'd explain what I do but then it would just downright seam extraterrestrial so I won't bother. In any event, for the more terrestrial, take a look at the opening orders thread. Those guys do your type of figures day after day. Of course, there is the other end of the...
  16. M

    Spydertrader's Jack Hershey Futures Trading Journal

    I want to expand on this so I will draw up a chart from yesterday to make my point. Spyder and I usually have very similar charts. I annotate volume a little differently but we get to the $ame place. The first 15 bars of yesterday should clarify what I mean... However, I have to run out for a...
  17. M

    Spydertrader's Jack Hershey Futures Trading Journal

    Not sure what to say here. Days like today MUST be your EASY days (ie. ATM DISPENSER). Sometimes as traders, we can fall into the trap of "analysis paralysis" instead of just acting on sufficient data (ie. RTL BO)... A RTL BO is complete because it either CONTINUES its BO or it FBOs. Why not...
  18. M

    Spydertrader's Jack Hershey Futures Trading Journal

    Yes, I start with the FV then zero in...
  19. M

    Spydertrader's Jack Hershey Futures Trading Journal

    Yes, excellent commentary Ivob... NFP??? I just use indexarb.com's values and then go from there. Ideally, you would use the front-end of a zero-coupon yield curve and bootstrap the exact time maturity for the futures in order to back out a fair value that includes divident payments...
  20. M

    Spydertrader's Jack Hershey Futures Trading Journal

    Very keen observation and it is an advanced item. So let me preface this by saying that FOR ME, extreme spikes are actionable items assuming there is no data freeze issues. On FOMC, I am inclined to STR/SQU my way through the announcement simply because the STR/SQU signal has a very high signal...
Back
Top