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  1. M

    Spydertrader's Jack Hershey Futures Trading Journal

    For me, I have not recognized harmonics in any type of timely fashion. Don't get me wrong, if at some point I recognize that the geometry is even, that is nice. If at another point I recognize that it is odd. That is nice. However, I have not been able to relate the continuation of the harmonic...
  2. M

    Spydertrader's Jack Hershey Futures Trading Journal

    Well, this is my 5M. I would comment on the YM but it's OT. To me, it looks good enough. I had one interesting bar (ie. 8) which was a BO that failed. Were we cheating, we would have know exactly where the warning sign would have popped up well before it happened... <img...
  3. M

    Spydertrader's Jack Hershey Futures Trading Journal

    Unfortunately, the post was OT. At the simplest, what we are doing right now is knowing how to do each and every annotation given only what we have. You can see how I have maximized the annotations of a 5M chart, and then clustered 3 consecutive bars to put in perspective the INTERMEDIATE TERM...
  4. M

    Spydertrader's Jack Hershey Futures Trading Journal

    Check my chart for the same day. I had an original channel and a tightened channel which was explicitly due to the bar you pointed out because I had dominant volume (ie. a redefined pt3). In the tightened channel it is without question an FTT. In the original channel, it is a prolonged stall...
  5. M

    My simple, yet profitable trading strategy

    It is better to be unbiased then biased in trading. In a nutshell, if you only see longs, you miss the short opportunities. When I am running my slant, i keep my bias neutral by charting the absolute value of the relative price change wrt the opening bell for all assets. Put another way, if you...
  6. M

    My simple, yet profitable trading strategy

    TR, ignore the masses who will condemn you for they cannot logically tell you where you have a fallacy. The bull market comment made to you earlier is irrelevant. On occasion, for giggles and what have you, I run a slight slant on what you are now beginning to realize. You and I are talking...
  7. M

    Spydertrader's Jack Hershey Futures Trading Journal

    Thanks for your Q! I was hoping somebody would ask and today was a great day to highlight what I call "tightening the channel". We had a similar day a few days back where the morning just sank and we watched a prolonged short channel ensue. You will have to keep in mind that I am a strict PV...
  8. M

    Spydertrader's Jack Hershey Futures Trading Journal

    Just throwing up the 5M and 15M... Different fractal, same tools. Strict PV as usual... :cool: Also note how the channels of the 5M are the legs of the 15M. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1339686>
  9. M

    Spydertrader's Jack Hershey Futures Trading Journal

    :cool: shhhh!
  10. M

    Spydertrader's Jack Hershey Futures Trading Journal

    We have to be very careful. The gaussians are always there. Remember, the gaussian is nothing but simply a single cycle of volume surging and then receding. Staying on the 5M has both advantages and disadvantages. On numerous occasions you find that the spike off of the LTL or RTL or FTT happens...
  11. M

    Spydertrader's Jack Hershey Futures Trading Journal

    Spyder is in Arizona! roadtrip... lol
  12. M

    Spydertrader's Jack Hershey Futures Trading Journal

    A couple of comments... So now some of you are beginning to address the pace aspect. This is VERY VERY IMPORTANT!!! When is there a lateral, when is it a trend channel? So we see that we have 3 types of channels. Long/Short/Lateral. The latteral has it's own set of characteristics which are...
  13. M

    Spydertrader's Jack Hershey Futures Trading Journal

    Here's my RT. I was feeling under the weather so I was in my home office multi-tasking... As usual it's strict PV. I put in the grey channel to point out that this "intermediate channel" is what I expect to have strictly PV'd on a larger fractal (ie. looks 15M ish). In other words, when I zoom...
  14. M

    Spydertrader's Jack Hershey Futures Trading Journal

    Personally, I aim to annotate the matter like B. The truth of the matter is that while in RT, I do not know what the next bar will be (ie. +PRV/-PRV). As a result, my RT anotations are more B and rarely C. Clearly, A is the ideal case. However, there are a fair number of Bs which we have to...
  15. M

    Spydertrader's Jack Hershey Futures Trading Journal

    You'll have to pardon Jack's sense of humor. I find it to be strangely different and admittedly amusing. Wait till he starts phoning ahead to the floor to approve market turns... LOL! Everything here can't be dry. It is good to have humor amongst the nitty gritty... :cool: MAK!
  16. M

    Spydertrader's Jack Hershey Futures Trading Journal

    The 1pm to 3pm region was definitely interesting if not tricky. This is why I keep my PV VERY STRICT, especially in regions as such. I am hoping to finish my remaining posts and thus be effectively caught up with the thread by the end of the weekend. Additionally, post 3:45 pm, we get in to end...
  17. M

    Spydertrader's Jack Hershey Futures Trading Journal

    So this is a later on thing. But just to give you an idea about how it is dealt with I will make a brief comment. FOR ME, the 10:00 and 10:55 were two single bar HIGH VOLATILITY STALLS!!! Your PRV read HIGH VOLUME through the entirity of the bar. Our PV MATRIX projected that HIGH VOLATILITY was...
  18. M

    Spydertrader's Jack Hershey Futures Trading Journal

    It is all coming!!! We are just getting organized.
  19. M

    Spydertrader's Jack Hershey Futures Trading Journal

    Just a quickie. Regarding question on volume, we really have to think very hard. Spyder and I spend a fair amount of time speaking offline about how we can improve our efforts and reinforce what it is that we are attempting to get done here. I have alot to catch up on here as I'm taking my first...
  20. M

    Spydertrader's Jack Hershey Futures Trading Journal

    Using short term channels and keeping it strictly PV. At the end of a short short term channel it is a B\/B At the end of a long short term channel it is a R\/R If I have increasing volume that is going against the previous dominant, (ie. the increasing side of a R/\B or B/\R) then the...
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