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    The Heuristic Value of Studying SCT

    Episodically since I have been reading here, Jack is wont to withdraw periodically from posting for weeks or months. Sometimes it seems to be a snit, sometimes poor health, sometimes perhaps sheer frustration at the impervious ignorance of the latest flock of cooing accolytes. I fear that we...
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    Anyone made any money from SCT yet?

    Dougcs, I believe you are under the misapprehension that this putz is me. Beware false Hypostomi. Not ALL Anti-Jacks are me. But you DO have the nature of mismanagement insulting nailed.
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    Why predict?

    Indeed. What if you are a "screen"? For years ET has been beaming strange trading ideas into my head straight through my eyeballs.
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    Why predict?

    Pissy, the notion you expound merely reflects your own placid, healthy personality. I believe in a different paradigm, a central tenet of NLP: "What can you do with a problem like that?" I am a complete nutcase, but by careful research and testing represented in "red light/green light/yellow...
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    Ya reckon the calvary will ride in

    Or maybe Tonto will say "What you mean, we, paleface?"
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    Why predict?

    Ljyoung, years ago I detected signalling between NYSE MMs and their counterparts at regional exchanges as to the direction price was going to be taken so they would be in synch. It was as simple as an oddball number of shares traded at a price not corresponding to the current B/A. Now suppose...
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    SCT and Channel Trading = Measured Moves System

    Aioli, a very tasty notion, but not one that obviously works. If you are using it to good effect there must be a secondary condition validating it. More often than not (at least in NQ), a channel BO is followed by primary trend failure. Although I do not trade SCT, I do draw channels to try to...
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    SCT and Channel Trading = Measured Moves System

    Only problem I have with what you said is that in the case you described (an uptrend), when you connect R1 and R2 you are drawing from the "left" side (backwards). I think that works in the AM on a narrow range day, but no so sure about later after a good trend starts.
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    Errors in the Hershey Futures Method

    Who knows? If you follow SCT for a while you might find elements of it that you like. But the best methods clearly are ones you invent yourself. Good trading to you.
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    Errors in the Hershey Futures Method

    Joe has left the building. What he posted was not an SCT chart but a situational awarness chart that is only part of a larger and decidedly non-SCT system. The channel drawn illustrates the point that sometimes it is informative to draw channels upside down. I do not trade SCT. And I trade every...
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    The True Value of ET

    An unaccustomed bout of sobriety brought me to the realization that the true value of ET may not be what the majority of its members may think it is. Sure, it's the only real game in town, the moderation is in the main admirable, and many serious traders post here. But increasingly what I find...
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    When will Jack and Spider ante up?

    WD40, you really are hurting my feelings. Just because I'm an idiot doesn't mean I can't trade. I mean, I'm at least as smart as the Hershey crowd. And I don't think they took that trade in ES. But the truth is I made it using S/R considerations, not that bullshit 5-minute system I posted.
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    Book Review; The Black Swan by Nicholas Nassim Taleb

    Hence the need to write books. A more appropriate title might have been "Maudlin Reminiscences of a Derivatives Operator".
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    Full moon and active solar weather, get ready!!!

    Would you be so kind as to enlighten the ignorant as to the consequences? For myself I am a confirmed cyclist (of the cyclical kind) and I would like to be alert to any interruption of my cycle (quasi-lunar) by yours. Thanks and best regards.
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    NDX Daily Analysis

    Rcanfiel, it is unofficial ET policy to discourage abuse of wanna-be gurus here. Persecution just makes them seem more credible and attracts attention to them. And you would do well to turn down the medium and turn up the message. Look beyong the personality and focus on the method. If it works...
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    Software Used to Trade Jack Hershey Methods

    E-Signal is capable of coding and displaying every aspect of the Hershey scalping method save the DOM (it does not have the program calls to go along with a CME Level 2 subscription). IMO this is not a shortfall, as the DOM is reactive, not predictive. Further, E-Signal's ability to assign and...
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    wtf was that at 4pm. huge high vol selling

    It's called a downtrend. You just haven't seen one in so long that you don't recognize it.
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    Anyone trade the NQ (emini Nasdaq) Full-Time?

    I trade it full time and exclusively when I am unemployed, so fire away. Publicly, for the confusion of all. There are others here who do the same, but I doubt they will exit the closet, for it is a deeply embarrassing fetish.
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    Simplicity of Moving Averages

    If you hated THAT, you'll REALLY hate THIS.
  20. H

    abby on cnbc

    I doubt that any man goes down on her.
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