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A lot of people ask me that, I just have followed the dow for the past 6 years. S&P feels foreign to me, I just get a better feel for the dow, though been struggling lately to execute. Yeah im an outsider but this method is supposed to work given sufficient liquidity.

Does anyone trade this method primarily on the YM? If so please chart for today.

How does it look other than that? For a first attempt

attached is my lame attempt to explain fridays session using the Jack Hershey Method.

Attached is my first attempt at drawing the channels and annotations using the Jack Hershey method.

Attached is a first attempt at understanding the Jack Hershey Channel method. The retracement after the gap confuses me and the break out at the end of the session also confuses me.

Not much trading for me lately. This week I was having internet issues all week which makes it impossible to trade.

heh the 34EMA! Thats what I use for my filter. Thanks a lot guys, this is exactly what i needed. Hope everyone has a great weekend.

Have done some searching. No luck so far, if anyone happens to have an EFS file that does this feature please share.

Its something that I have followed for years but something my eye doesnt always pick out when it should. I dont know how to write the efs script for it unfortunately. I use a 8/20 ema system with a longer term EMA as a trend filter.

I use esignal for my charting. What I am looking for is trying to find the slope of an indicator and have that displayed as an indicator. I know nothing about programming and usually find indicators that suit what I am looking for.

Today I got smacked around quite a bit. After the seemingly bearish economic reports came out and the market broke i felt this time it would break through the support. I went short and quickly ate a 33 point loss in the YM. That trade sent me on edge for a while so i just closed the charts...

Started to really refine the pullback strategy this week. Didnt make a lot but I did alright. A little frustrating because last week i had the perception that we were about to explode to the upside again and lo and behold the rate cuts made that happen. Because of my account equity and risk...

The last time CBOT went down..... I lost a lot of money and it really @#$%^& up my charts! actually that was the day i lost 1/3 of my equity..... after it reopened i decided to donk off my bankroll.

Attached is a MAE distribution

The attached File is a distribution for the MFE's for my trades.

a primer on my system Continued Set ups Continued The Breakout The second setup that I use is the breakout. The idea behind this setup is to get on board before the quick explosive area where the market will break out from. What i have noticed is the market tends to break out when it...

I decided not to trade today but to spend more time on the simulator and tweaking my system some more. It appears an issue I have is being able to balance letting a winner ride but also protecting profits. This is probably one of the hardest aspects of trading and is just going to come with...

my system primer continued Reversal Setup Continued Targets Targets are determined based on the key zones that will likely be at the least a counter from the opposing side. When trading multiple contracts taking partial profit at these spots is always sensible. Rather than a hard dollar...

I took some time to run some statistics on my account, see the attached file. In summary 73 Trades 23 Winners (31.5%) 50 Losers (68.5%) Average Winner $135.22 Average Loser ($ 76.80) Expectancy -.1306 Average Risk $76.80 Trades per day 5.6 Daily Gain/Loss -56.16...