Search results

  1. S

    Spydertrader's Jack Hershey Futures Trading Journal

    FWIW, I felt pretty good about the FTT I spotted this morning (the first of the year for me :)) and I thought I would post it for consumption and comments. I would be very interested in hearing if others spotted the FTT using a different real-time analysis. Although I didn't spot the FTT at...
  2. S

    Spydertrader's Jack Hershey Futures Trading Journal

    FWIW, when I see a "tape" FTT, often it's close (right before or after) to the tape BO. I'm not sure how much faster one can catch an FTT in a tape. Maybe additional tools down the road and experience will help me spot these guys quicker. However, on traverses and trend channels, I'm...
  3. S

    Spydertrader's Jack Hershey Equities Trading Journal III

    Hey Spyder, As I was going thru my equities routine tonight, I noticed that you have ALY and SIM in your FU. Have you changed your stance on AMEX stocks? thx, spooz
  4. S

    Spydertrader's Jack Hershey Futures Trading Journal

    Joab, Here's my (beginner :)) analysis... The red channel emerges around ~12:45 and expands on almost every bar. Cool if you are short. We're in a dominant traverse of the red channel. By drawing in the short-term traverse, the 'ftt' emerges. The ftt starts the non-dominant traverse...
  5. S

    Spydertrader's Jack Hershey Futures Trading Journal

    Joab, I'm not sure I'm addressing your Q but I'll give it a shot... First off, my channels are a bit different. See attached... <IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=1311088> Take a look at the 'ftt' in the short traverse. After Spyder mentioning to look...
  6. S

    Spydertrader's Jack Hershey Futures Trading Journal

    Pr0crast, FWIW, just to expand a bit on the channel that Spyder drew for you... Assuming bar 1 is the first bar in your chart snippet, I added a (long) traverse and a (short) tape (that "morphed" into a traverse). After 8 bars, Spyder's pink channel emerged. So, the pink channel was...
  7. S

    Spydertrader's Jack Hershey Equities Journal II

    8833broc, Regarding the Pro-Rata Timing sheet, the idea is to start at the 'Begin' row (at bottom) at the beginning of a 5 min bar. Every 30 seconds, draw a line from the last 30 secs using the current bar volume. The numbers in the vertical columns are 5 min bar volume. You'll notice that...
  8. S

    Spydertrader's Jack Hershey Equities Journal II

    In case anyone is having trouble coming up with a channel similar to Spyder's cool orange channel from Friday, here's how I do it. I try to draw channels as "mechanically" as possible. Notes: 1) Please note my scale & bar width is different than Spyder's. Sorry. 2) I purposely left out...
  9. S

    Spydertrader's Jack Hershey Equities Journal II

    Aurum, Yep! I want to chart this in real-time. I think it might be useful to see accel/decel persistance (several bars worth) as opposed to just glancing at T&S (or something else) or the current Vol bar to determine NOW delta speed. In 2D, Vol might "tack" intra-bar just like price...
  10. S

    Spydertrader's Jack Hershey Equities Journal II

    Aurum, Thanks for posting the doc. You beat me to it... :) I've been searching for a post that Jack made in the past regarding this chart. If anyone knows it, please post. I do recall him saying to start at the bottom and connect the "dots". He also mentioned to use different pen...
  11. S

    Staying focused and alert

    Hello Jack, If you don't mind, I have a few questions for you regarding your ES/YM logging spreadsheet. I'll understand if you decide that this thread is not the place to respond. When filling out the log, do you wait until the bar ends before entering a row? Related, do you log the ES &...
  12. S

    Spydertrader's Jack Hershey Equities Journal II

    Hey TNG, I'm curious if you are using the Equity 4.1 script to calc FRV or something custom? My FRV calc using the 4.1 script for NVEC was 731,355. My EOD chart vol for NVEC is ~100k below my FRV. Semi-related, UV ended up being .73 for the day. Thanks, spooz
  13. S

    Spydertrader's Jack Hershey Equities Journal II

    ramora, I'm sorry that I'm not at a point skill-wise where I can clearly answer this for you. I'm working hard to learn how to trade these guys, especially on the 5 min ES. Hopefully, Spyder, Jack, or someone furthur along than me will chime in here, as it would help me as well... :) spooz
  14. S

    Spydertrader's Jack Hershey Equities Journal II

    oops, .png didn't post :( spooz
  15. S

    Spydertrader's Jack Hershey Equities Journal II

    ebulldog, I just re-read p. 23. I noticed that I had an erased note that said "pt 1?". In other words, I thought it might have been a typo but I later erased my comment. Then, I flipped the page and noticed a sketch that I drew a while back. Here's a rough .png of what I'm "romming" in my...
  16. S

    Spydertrader's Jack Hershey Equities Journal II

    ebulldog, I'm a newb and I don't want to speak for Spyder or Jack but here's some of the things that I've learned from the threads and offline material that is available regarding FTT's. A FTT that follows through is point 1 of a new channel that is headed in the opposite direction of the...
  17. S

    Spydertrader's Jack Hershey Equities Journal II

    Spyder and Jack, This is great news! Many thanks in advance for your effort: past, present, and future... Working hard... spooz
  18. S

    Spydertrader's Jack Hershey Equities Journal II

    John, I use the Dry Up scan ver 2 and the Equities 4.1 scripts and I did not have ACOR on my watch list for the morning. I didn't see any of the 4 hit LBDU by 10:30 EST but I was glued to the ES & YM this morning looking for FTT's. I seem to recall that my watch list was "red" when the ES...
  19. S

    Spydertrader's Jack Hershey Equities Journal II

    Anybody else having the Rank Scan (WL site) returning a number of stocks with Friday's date (12/1)? It's 8:30++ PST and a number of the stocks in my scan haven't updated yet. But some have... spooz
  20. S

    Spydertrader's Jack Hershey Equities Journal II

    John, The latest ChartScripts are: Hershey Equities Dry Up Volume Scan v. 2.0.0 (Three Month) Hershey Equities Chartscript Version 4.1 They both use 3 months for the DU calculation, as opposed to 6 months in the DU Scan 1.0.0 and Equities Rank 3.0.0. Regardless, TXCO is what's on my...
Back
Top