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    Spydertrader's Jack Hershey Equities Journal II

    Good Morning, Anybody see GMXR hit LBDU @ 7:15 (EST)? Price improvement and indicators in alignment. Ask was 42.59. spooz
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    Spydertrader's Jack Hershey Equities Journal II

    Hello, While I can't give any specific advice on AmiBroker, here are a few things to consider as far as charting software goes. I'm a beginner but the following is my .02... Jack's and Spyder's methods make use of channels. So, I suggest using software that makes drawing/editing channels...
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    Spydertrader's Jack Hershey Equities Journal II

    Spyder, Thanks for the today's annotated ES... Do you have a rule on whether or not you adjust a "tape" (or channel line) after the tape RTL has been broken? For example, on the 8:50am bar. When that bar closed higher, I made the tape adjustment so that the RTL passed through the bottom...
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    Spydertrader's Jack Hershey Equities Journal II

    Spyder, Awesome! As I've mentioned to you before, what really helped me progress with channel drawing was Jack posting annotated charts EOD to his blog a few months ago. I think it's a good idea to use the ES as a "reference" instrument for channels refinement since it seems there...
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    Spydertrader's Jack Hershey Equities Journal II

    I saw the NEU signal around 10:21. I noticed the wide (~0.30) spread. Does one factor in the spread? Opinions anyone? spooz
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    Spydertrader's Jack Hershey Equities Journal II

    I watched SIRF hit LBDU around 9:59 EST. It had price improvement and the indicators were in alignment. On paper, I hit the ask @ 29.00. My channels didn't look very good and price quickly dropped. But in the afternoon rally, it took off. Still LONG, (on paper) as it hit the ChartScript...
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    Spydertrader's Jack Hershey Equities Journal II

    bundlemaker, Looking at the Hershey Equities Chartscript Version 4.1, the code sets the chart bkgnd to green if the "current" volume is below HBDU. Unless I'm missing something, I think this is the script behavior. OMNI's volume today (11/9/06) is above HBDU. spooz
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    Spydertrader's Jack Hershey Equities Journal II

    bundlemaker, I'm a paper trading beginner but here's my comment on BTUI. I saw it hit LBDU @ 10:33 EST but there was no price improvement from the previous close. I also wrote down (from my "sweep") that the slow STO was below 80. Of course, I could be wrong. spooz
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    Spydertrader's Jack Hershey Equities Journal II

    Paper Trading the 'beginner method'... On my charts: ANDE hit LBDU @ 10:01 (EST) and Avg DU @ 10:35 ALJ hit LBDU @ 10:32 (EST) spooz
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    Spydertrader's Jack Hershey Equities Journal II

    QCharts Users, I'm curious if anyone has any comments on QCharts moving forward (post acquisition, future version(s) 6.1++). Do people here use QCharts or QCharts Plus? Is the Continuum network feature important? [QCharts forum link]...
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    Spydertrader's Jack Hershey Equities Journal II

    foible & gooch87, Thanks for the feedback on GMXR - especially since you've both been in the thread for a while. gooch87, I noticed the volume you circled on your chart is several thousand shares below my LBDU (55,797). Do you watch LBDU and Unusual Volume (UV) or just UV? On one of...
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    Spydertrader's Jack Hershey Equities Journal II

    Did anyone else see GMXR and OMNI hit LBDU this morning? On my charts, the 30 min indicators were in alignment. It doesn't look like they are on pace to hit FRV by EOD... spooz
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    Spydertrader's Jack Hershey Equities Journal II

    Spyder, Regarding the 'beginner' method, I feel like I've internalized the concept of the LBDU entry. After going back to Journal 1 and earlier in this Journal, I've come across some discussion on '2nd chance' entries. Could I get clarification on whether or not it's reasonable to consider...
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    Spydertrader's Jack Hershey Equities Journal II

    Hello Spyder, et al First ET post. After spending a huge chunk of time going thru both journals, camtasias, and various documents, I'm starting my PVT journey. I'll be focused on the "beginner" DU method with a strong emphasis on channels. But I'll keep an eye on Unusual Volume and I'll be...
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