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    Spydertrader's Jack Hershey Futures Trading Journal

    As price approaches the left channel line, there will either be a VE, or an FTT. A VE usually occurs on rising volume. An FTT usually occurs on falling volume. A VE guarantees an FTT. By this point we should be on the smallest resolution that allows us to enter on rising volume. The bar that...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Glad you posted this! Decreasing Volume is NEVER good, unless I completely misunderstand Jack's books. Trades are ALWAYS entered on increasing volume. The only variable is whether you are on coarse, medium or fine resolution. Decreasing vol on coarse means go to medium, decreasing vol...
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    Spydertrader's Jack Hershey Futures Trading Journal

    Thanks, As usual, that does the trick:cool: Best Regards Oddi
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    Spydertrader's Jack Hershey Futures Trading Journal

    Regarding Pace: What algorhythm is used to adjust pace to market volatility? Thanks in advance, Oddi
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    Spydertrader's Jack Hershey Futures Trading Journal

    if1/2 is situational. Volume is going along as it should, and you enter on a YM signal or prorata ES signal. Suddenly, price reverses in that same bar goes through the extreme of the prior bar opposite the trade you are in. Go in the direction of price to get on the right side of the market. It...
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    Software Used to Trade Jack Hershey Methods

    I need a prorata indicator for Amibroker, has anyone written one yet? Best Regards Oddi
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    Spydertrader's Jack Hershey Futures Trading Journal

    Enter on the rising volume, IF1IF2 if price goes against you intrabar. Best Regards, Oddi
  8. O

    Spydertrader's Jack Hershey Futures Trading Journal

    :D Fan of gangster movies? Here endeth the lesson--Sean Connery--Untouchables.
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    Spydertrader's Jack Hershey Futures Trading Journal

    And, if you really watch closely, her shadow foot will lead her physical foot. Best Regards Oddi
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    Spydertrader's Jack Hershey Futures Trading Journal

    For me, she seems to turn at random. I don't try to change her, I just keep watching. At some point in time, she just turns. Then I watch her some more, and she will just go back. Interesting concept though:) Best Regards Oddi Edit: The sequence that I see is right hand, right foot...
  11. O

    Today's ES Constant-Volume Chart

    You seem to be moving towards ProfLogic. Communicate with him, he might be able to give you some insight that will improve your trading. Best Regards Oddi
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    Spydertrader's Jack Hershey Futures Trading Journal

    Bundle, You are making this too hard. Take whatever time frame you want. Look at the last two bars ONLY. If the volume of the current is less than the volume of the prior bar, but greater than 40 percent, go to a smaller time frame. A smaller time frame is defined as 40% of the...
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    Fess up Jack

    Those who respond do not respond to defend SCT. We respond to depend the man who brought SCT. Spyder and Jack both have a sickness in my opinion. They seem to truly believe that all men are created equal. Nothing is further from the truth. Inferior men are born to serve. Those two are...
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    Why SCT can never be successful

    I'll give this one to you, since you are obviously searching, but just too proud to ask. Tape the 2 most recent bars. Trade the breakouts. Best Regards Oddi
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    Technical Analysis Doesn't Work

    Where traders go wrong in my experience is trying to use a binary TA system in the wrong environment. If you use a mech system on the wrong time frame, or in the wrong range, then there will be problems of course. One of Jack's students designed a java platform that ranks his stocks, and...
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    Technical Analysis Doesn't Work

    Wow, I guess surferman ran away with that exposure:D
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    Technical Analysis Doesn't Work

    It has been a long time since I have posted, but I have to ask surfer this....... Surf, you stated in a prior interview that you use NeoGann channels, which is made of your rendition of the squaring of price and time. The simple fact that you say anything about Gann indicates that you use...
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    How to never get an account wiped out?

    Your account size should be 8:1 dollar ratio. That means that if you are trading a 1 share of a 10 dollar stock, then you account should be 80 dollars. Further, your trade should risk no more than 10% of that 80 dollars. If you lose all of that 10 percent, then you can only trade 1 share of a...
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    daytrader loses it all.

    That's too bad. A black swan crushed him. He was Fooled By Randomness. A stop was all he needed. So very sadly simple.
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    Ridiculous NFL Free Agent Contracts..

    I am a Falcon fan. Mughelli will cut down on the 45 sacks that Vick tool last year, and will open up some big hole for the aging but still effective Dunn. Falcons also signed Joe Horn:) :cool:
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