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  1. 8

    Spydertrader's Jack Hershey Equities Journal II

    My understanding of the Hershey methodology is that there is no daily stochastic target. 30 min must be > 80 and that's the only stoch measure. In the Hershey's video I noticed him monitoring, a list of stocks in realtime, unusual volume in QCHARTS. In his tape he also did a DAILY...
  2. 8

    Spydertrader's Jack Hershey Equities Journal II

    Some Chart comments/analysis Please! The left is daily and the right is a 30 minute chart. Considering the daily is in a clear downtrend, there was no FTT, but some potential bottoming volume pattern each time it hit the lower daily trend line ( yellow ). Now onto the 30 minute chart -...
  3. 8

    Spydertrader's Jack Hershey Equities Journal II

    I do not understand this table. I read post 2926 and understand your explanation but some of the column headings as well as the individual cells confuse me. Column Heading Confusion - What does DU .25 FRV .6 and Peak 1.8 mean? Individual Cells - All of the cells under the above...
  4. 8

    Spydertrader's Jack Hershey Equities Journal II

    You interpretted the color change correctly. I am Excel sheet challenged especially when it comes to graphing. The 4 months of results are showing that the out by 1130 rule if DUAVG is not exceeded does improve the bottom line. My next step is to examine the 3 top and bottom monthly...
  5. 8

    Spydertrader's Jack Hershey Equities Journal II

    I added a slight varition to my last post in the attached results graph. Series 4 (Lt Blue ) shows the results of DULow before 10:30 and FRV before 1600 ( ie. end of day ). Series 5 ( brown ) shows the results of DULow before 10:30 AND DUAVG BEFORE 1130. The trade was entered when all of...
  6. 8

    Spydertrader's Jack Hershey Equities Journal II

    Attached is a graph of trade results compared to major indexes. Trades were based on prior day du, du VOL BEFORE 10:30 AND DUavg vOL BEFORE 11:30 ESLE OUT. All remaining exit rules are posted in this journal. NO CHANNELS WERE USED AND NO TRADES WERE turned down based on earning anouncements or...
  7. 8

    Spydertrader's Jack Hershey Equities Journal II

    I wanted to thank the Hershey folks and Spyder for making the latest material available. I read numerous books authored by experienced successfull traders and they all expressed fustrations in trying to teach the 90% of the unsuccessful traders how to trade ( I am included in this 90% )...
  8. 8

    Spydertrader's Jack Hershey Equities Journal II

    can you please expand on your thoughts on # 1? I'm currently using DULow by 11:30am and FRV by EOD as criteria... The one u listed is the original criteria and somewhere I came up with the idea to add the following: here is a slight modification: DULow by 10:30 and DUAvg by 11:30am and...
  9. 8

    Spydertrader's Jack Hershey Equities Journal II

    I am using WLD ( the full version ) and Fidelity free data feed. I am in the process of testing and comparing the results using QCharts as my data feed.
  10. 8

    Spydertrader's Jack Hershey Equities Journal II

    The original Hershey methodology vs the Bruno trades have very similar returns for TIE ( assuming our scripts are working ). Eventually I will get around to backtesting the Bruno method but for now I am trying to bear down on the original methods and some of the modifications laid out in...
  11. 8

    Spydertrader's Jack Hershey Equities Journal II

    Part 2 TIE - Here's a little more detail than my last post. Tie has been a decent Hershey Stock but a better buy and hold stock... ignoring the money velocity thing for now. If anyone has different Hershey trades please let me know. I am in the process of testing my scripts. Hershey Trades...
  12. 8

    Spydertrader's Jack Hershey Equities Journal II

    TIE -IS THE MOVE SUSTAINABLE? Nobody knows if the move is sustainable. I noticed that high quality stocks that are in a very strong, continuous uptrend exhibit a "dampened" volume response to keep the trend in motion. Uptrending stocks like TIE are difficult to trade based on DU and all...
  13. 8

    Spydertrader's Jack Hershey Equities Journal II

    Spyder, You are exactly right and I tried to point that out in my caveats. I did not want to go back to far cause I wasn't sure how much my March 31, 2006 DU values would effect the results. That was why I went back only 3 months. My main observations I wanted to point out are: 1)...
  14. 8

    Spydertrader's Jack Hershey Equities Journal II

    Here are some statistics based on the trade methodology documented at the end of Journal 1. The total trades and % Gain columns are the system generated signals and the NASDAQ, S&P and Russel are the indexes % monthly change. I thought it would be interesting to see the system "BETA"...
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