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  1. W

    Spydertrader's Jack Hershey Futures Trading Journal

    Cocaine, That's how I understand it too. For example if you look at my ES chart a few posts back, if you went short at 9:55 instead of going long, you would have realized you were on the wrong side within a minute or two. I guess the key is you would have to reverse your position, not just...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Here is my ES+YM as of 11:00. I have annotated the ES bar at 9:55 and the YM bar at 9:58. It seems that one could have gone long as late as 9:58 due to the ftt of the channel of the previous day. The ES bar at 9:55 was also a clue since it was on higher volume (near 20k). Of course by 10:00...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Here is my ES chart for today. I annotated it in real time until about 12:30 or so, then I had to leave it until this evening. Interesting to see that the heavy lines that I drew in at 11:00 this morning were not broken all day! One of these days I'm going to have to ask WHY do channels work...
  4. W

    Spydertrader's Jack Hershey Futures Trading Journal

    Very easy to read chart dkm... I like it.
  5. W

    Spydertrader's Jack Hershey Futures Trading Journal

    I hope I didn't open up a can of worms by posting my YM chart a few days ago! :( I'm gona sit tight and take the teachers lead. :)
  6. W

    Spydertrader's Jack Hershey Futures Trading Journal

    Here is today's 5-min ES chart with the 2-min YM chart next to it. It was interesting for me to see again how price followed the channel established at 11:15 (see pt 3 on the ES chart), till about 13:45 when there was an expansion of the left trend line. But I think what was most interesting...
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    Spydertrader's Jack Hershey Futures Trading Journal

    MAK, Thank you for your explanation of the dynamic nature of the guassian cycle length. That was helpful. As I understand it now, when the pace is slow/DU/VDU the gaussian cycle is short. When the pace is fast, the gaussian cycle is long(er). I have noticed that when I chart a longer...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Today's ES chart with the 5-day 30 minute chart next to it. It's interesting to note that the long channel established at 10:45 AM this morning (pt 3 on my chart), was not broken until 2:05 PM. That's quite a run! Since I'm still a newbie at this, any comments will be appreciated.
  9. W

    Spydertrader's Jack Hershey Futures Trading Journal

    Thanks for your comments C99. After looking at my chart again, it seems obvious now that the expansion line off the RTL was wrong! Regarding the gaussian volume patterns, I'm trying to be loose in my intrepreation, but I guess I still need more practice. My pdf is the beginning of a note...
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    Spydertrader's Jack Hershey Futures Trading Journal

    When I posted my ES chart, it lost some resolution. Don't know what's going on there. Here it is again as a JPEG.
  11. W

    Spydertrader's Jack Hershey Futures Trading Journal

    I am trying to get a handle on the gaussian volume patterns. As I see it, there are eight potential patterns (see attached). I think I know what to look for, but I'm not sure what the sequence should be in context with price and volume. I've read the posts, but I'm just not getting it. Any...
  12. W

    Spydertrader's Jack Hershey Futures Trading Journal

    Here is my crack at today's ES chart. I didn't annotate the gaussians as I'm still having trouble intrepreting them. Any comments would be welcomed.
  13. W

    Spydertrader's Jack Hershey Futures Trading Journal

    Bi9foot, Thanks for the worksheet. I used it with my platform which is Thinkorswim with no problems. I do have a question regarding volume. Given that volume will (on average) typically taper off dramatically during the noon hours, how does one take that into account? For example, if one...
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