Search results

Correct. :)

I documented Jack's stop offset method at the following link: http://uk.msnusers.com/JackHersheysStrategies/Documents/Equity%20attachments/stopoffset.doc If the link doesn't work, you can find the document at the msn site Jack Hersheys Strategies, filed under: Documents > Equity...

n.b. MKTW very thin average volume

Speaking of shorts, Jack does NOT short equities. His philosophy is to go long on strong stocks only. I discussed this with him at length a couple of years ago (when we were in a strong bear market) and his comment was that weak stocks do not behave reliably. He also strongly advised against...

short example

Just for the record, this is incorrect. Points 1 and 3 are ALWAYS on the RIGHT side of the channel. Point 2 is always on the LEFT. A channel always begins with a R2L (right to left) traverse from pt 1 to pt 2, followed by a L2R traverse to point 3. When we have points 1,2 and 3 we can draw the...

Wasn't NVEC eliminated due to low float? (only 2M) (Just checking ;-)

The Float on IDSA is only 2M. The minimum is 5M I use the following to check float: http://finance.yahoo.com/q/ks?s=idsa

My apologies. Your statement is correct. What I should have said was "reach DU by 11am and ideally reach 3*DU by the end of the day". Sorry for the confusion.

Thanks for starting this thread. I will follow with interest :) On the particular matter of DU, it is my understanding that stocks on the daily hotlist should be *in* DU. What we are looking for is a volume breakout exceeding 3* DU by 11am with stocks that are in DU the day before. This...

I'll give it a shot: 1. A reversal is a change of trend or a change of direction within a trading range. 2. A retracement is a countertrend move that does not result in a reversal of the trend. It is usually accompanied by a reduction in volume. Resumption of the trend is usually...

The lack of increasing volume after the lower swing high at B suggests that downward movement of price will not be resumed, therefore B is a retracement in an up move.

db, I attach a daily chart of NQ. Although price has recently broken up through the intermediate term down trend beginning in January, I view the current price action as a sideways range from mid March, particularly with the evidence of support mid May. I would be interested to hear your...

Jack Please check your pm. Your mailbox is full

Could we have a demo of this in real time please?

Leave it switched off :)

Jack Perhaps you could post a few intraday charts to show how you use channels to trade ES.

How do changes of buying pressure and selling pressure manifest themselves? 1. lack of follow through, inability to make new highs / lows 2. increasing bar overlap (reducing pressure) 3. inside bars at the end of a price swing 4. hammers, shooting stars, engulfing bars, dojis, particularly...

check out this thread http://www.elitetrader.com/vb/showthread.php?threadid=29005&perpage=6&pagenumber=1

No need for snagit or a converter. It is possible to export a chart from qcharts as a jpg, example attached. You may need to select the correct resolution.