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  1. O

    Jack Hershey Method: Channels

    CL, These are the channels I would have drawn.
  2. O

    Jack Hershey Method: Channels

    The method is not a holy grail, I do not recall Jack being a guru. But there are more than enough threads documenting the success of the methods SethArb. What the hell are you doing out of the option forum anyway??:D Go home!:D
  3. O

    Jack Hershey Method: Channels

    And the purpose of this would be??
  4. O

    Jack Hershey Method: Channels

    The traverse to the other side of the channel after point 3 is entered with correct STOC and MACD parameters in addition to volume. If these things do not line up, I do not enter, no exceptions. There are many Hershey traders out there, and entry and exit are not precise, it depends on the...
  5. O

    Jack Hershey Method: Channels

    Okay, I got you. Point 1 and 2 are circled. Could you please circle point 3?
  6. O

    Jack Hershey Method: Channels

    Well, if you follow instructions precisely, you will be fine.
  7. O

    Jack Hershey Method: Channels

    On the portion of the chart that you have circled, there is no valid point 2 or point 3. A higher high flanked by two lower high, or a lower low flanked by two higher lows. To tradingbug.....there are others that are following this thread, this is a public forum. CL and his behavior will...
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    Jack Hershey Method: Channels

    Yes, EVERY channel contains a 1,2, and 3. If it does not, then it is not valid. You must trade against valid channels only.
  9. O

    Jack Hershey Method: Channels

    Frankly, I advised Jack to put CL, 666, and hypo on ignore. I PM'ed him and showed him how to do it. He continues to post. Therefore, based on the fact that we have been corresponding for nearly three years, I took that to infer that he is serious about his mission of getting people to a money...
  10. O

    Jack Hershey Method: Channels

    To clarify a pivot, look for a low flanked by a higher low on each side, or a high flanked by a lower high on each side. Please label your points 1, 2, and 3 based on these criteria. Your charts will look differently. Regards Oddi
  11. O

    Jack Hershey Method: Channels

    I do not understand what you are getting at with your last post, please clarify. With regards to your channels, DO NOT ANTICIPATE point 3. Point three develops when point three develops. Put another way, these are PIVOT points. If there is no pivot, there is no point. Regards Oddi
  12. O

    Jack Hershey Method: Channels

    Not really, there is a concept called each one teach one. You get back what you put out.
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    Jack Hershey Method: Channels

    Usually, a point one is an FTT, that is correct. However, if price breaches the left side of former channel on a subsequent bar, then point one can be a full traverse of the former channel. I did notice upon review that CL is not connecting the dots. Your first trendline should connect points...
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    Jack Hershey Method: Channels

    Step one is tenatively accomplished, you can draw channels. Now, please add the guassians to the bottom of your chart. Label them appropriately. The documentation on how to do this can be found on the site. Regards Oddi
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    Jack Hershey Method: Channels

    CL, Please label your points 1,2 and 3 on your next set of charts, as I cannot make heads or tails of your channels. Best Regards Oddi
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    Jack Hershey Method: Channels

    Okay CL... I took you off of ignore to try this one more time. Why? Because Jack made us promise to try to help others once we "got it". So, what exactly are you trying to grip by starting this thread?
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    Where does the word "insurgent" come from?

    In fact, what galls me most about this war is that the deluded don't see that true patriots of this nation cannot help but oppose this "war"( Bush declared the war won some time ago). Our administration seems impervious to the reality that we are spending far more than we are taking in. Yes...
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    Where does the word "insurgent" come from?

    'Now do you begin to understand me?' Absolutely. Now if have also read The Foundation, by Issac Asimov, then try to understand being in the belly of a dying empire. An empire that will not die alone. An empire where it's citizens are nearly parrallel in mental and moral state to the...
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    Where does the word "insurgent" come from?

    Nope, not news. Just REALLY curious as to where public enemy number one, Sadd....I mean Osama, could be? Maybe he's in Pakistan, hmmmmm......oh that's right, can't look there, they got the bomb! Rearden, you seem fairly informed, try reading 1984. Orwell saw all of this coming. Best Oddi
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    Jack Hershey Method: Beginner Rockets

    rgn39 Welcome to elite. You will find that this poster and a few others have NEVER posted a system, they have NEVER even posted so much as a chart. They are here simply to detract. The best way to use the site is to do a search on posters that are positive in their attempt to promote...
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