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  1. M

    Questions to Jack Hershey

    Nice video, to me that voume sequence is a key to the whole method. At least it was an eye opener when I started to se how trends repeats themself with the same volume pattern over and over, in almost the exakt same way, efteryday. I have started a premarked log where i write where the...
  2. M

    Questions to Jack Hershey

    I'm not interested in indicators at all, so haven't looked into that. But I'd be surprised if any combination of standard indicators works without a discretionary element.
  3. M

    Questions to Jack Hershey

    I said liquid market. You know too that it takes volume to go beyond the bid-ask spread. And your logic doesn't make sense. I can't explain it in english but just google Aristotelian logic. I don't see how the core of what Jacks says could be controversial. It's just price, volume and trend...
  4. M

    Questions to Jack Hershey

    If you think about it, you don't need Spydertrader or Jack to understand this, it's nothing they came up with. How could a liquid market move without volume leading price? It's impossible. How to trade of that knowledge is a different thing. best regards, Mushroom
  5. M

    Questions to Jack Hershey

    Could only follow the end of the session. Tried to annotate more details. As usual, the market is more difficult for me to read in the afternoon. To me the 15.50 bar looked like a reversal forming. There was r2r2b with decr-incr-decr, lower high, FTT, inside bar, and then the 15.55 bar broke...
  6. M

    Questions to Jack Hershey

    Another attempt to draw the volume cycles.
  7. M

    Software Used to Trade Jack Hershey Methods

    I'm sorry, but I don't understand your answer. I'm just trying to draw "F2 and F6"-lines sometimes, but I don't know how to do it without having them attached to bars with your tool. It's not for drawing trendlines in realtime.
  8. M

    Questions to Jack Hershey

    I understand, but when you draw major horisontal support/resistence levels, do draw both the levels on the degaped chart and the actual price levels from a traditional gapped chart?
  9. M

    Questions to Jack Hershey

    From Mr Black in the thread on traderslaboratory I got the impression that you can schematically describe the volume pattern of every cycle like this (se chart). Is this correct, or did I misunderstand?
  10. M

    Software Used to Trade Jack Hershey Methods

    Nice with the nogap chart, shouldn't have set it to 555 days though... Stepan - when I try to draw horizontal lines and lines that I don't want to be attached to a a bar when using your toolset, it doesn't work. The lines automatically attaches to a bar. Is there a way to do this, or not...
  11. M

    Questions to Jack Hershey

    When you degap the chart, do you still annotate yesterdays HLC and levels like that first, or do you not use them?
  12. M

    Questions to Jack Hershey

    Yeah I know, I just misunderstood one thing, and that lead to a couple of other mistakes. I'm glad I posted the chart.
  13. M

    Questions to Jack Hershey

    Really interesting picture. I didn't understand the meaning of degaping, now I get it. Can you do that with all charting software?
  14. M

    Questions to Jack Hershey

    I was expecting that pattern, but I was so caught up with this idea that you draw a new channel from an ftt that I was thinking about the b2b as a "flaw" in a retrace. I guess it's as simple as this: if you have a higher low in a downtrend you draw a new channel, and opposite for uptrend...
  15. M

    Questions to Jack Hershey

    Thanks Stepan, although I recognised the b2b real time, I didn't think about how it effected the drawing of the channels. My coloring is wrong because pricebars are "standard", volume is "Jack style". Probably not a good combination. Jack, I didn't draw the channels subjectively on...
  16. M

    Questions to Jack Hershey

    Great post! I didn't think about the bar at 10.40 as a valid point 1. I could see the bar was an ftt, but not by much, and I was already anticipating a longer retrace, so I was looking for a point one/fft to come later. But I guess since black volume picks up around 11, it's already a first...
  17. M

    Questions to Jack Hershey

    Thanks for the reply. But in real time I thought it was difficult to get confirmation that I should get out of the short that I entered 12.35 in time but stay in the short that I entered around 14.35.
  18. M

    Questions to Jack Hershey

    A chart for today with the main channels and FTT:s I could spot, and an area where I was a bit lost. Any comments from Jack or somebody else are welcome.
  19. M

    Software Used to Trade Jack Hershey Methods

    I use that to move up and down, didn't think about that the scale was fixed when i do it. :eek: thanks
  20. M

    Software Used to Trade Jack Hershey Methods

    The new version looks great Stepan. I was wondering - IBGS is based on open-close, right? Also wonder if anyone who uses Ninja knows if it´s possible to have a fixed range on the chart that centers around current price? It's difficult to get a feel for the volatility with automatic scaling.
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