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  1. J

    Jack Hershey – MACD and Stochastics helpers for 123 and FTT's

    from 13:00 to 13:30 you need to do more annotations. I know it is difficult to juggle two rules concurrently. Be open to doing reversals to stay on the right side of the market. This happens to be the time that the settlement meetings of mutual funds come to an end and the pm trading...
  2. J

    Jack Hershey – MACD and Stochastics helpers for 123 and FTT's

    See attached. It is some topical stuff worth reading to get oriented for becoming very rich.
  3. J

    Jack Hershey – MACD and Stochastics helpers for 123 and FTT's

    See attached. I did try to reply but the post was too long. After being informed of that I lost the post. I think I will continue to do annotations and I also will start to work in Word and attach the word documents.
  4. J

    Jack Hershey – MACD and Stochastics helpers for 123 and FTT's

    Okay we have a log up and it shows 23 bars for the 7th. You can see that the most common entry is Hold and it represents the process of making money by staying on the right side of the market. What is now on the horizon for everyone is using things to fill the cells on the log. Lets...
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    Jack Hershey – MACD and Stochastics helpers for 123 and FTT's

    Attached you will find my additional annotations to show 15 trades. Again take the time to use a log sheet and log the trades. Also include remarks on the time you are sidelined. this display is cool because it includes a lot of information. The bars are numbered and there is space to...
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    Jack Hershey – MACD and Stochastics helpers for 123 and FTT's

    after you make the log of the trades of my annotated chart, use a different colored ball point to remark about the relationship of the entries to the MACD pair of lines. Note C and D conditions especially. Then choose another color and remark in notes about the relationship of the exits to...
  7. J

    Jack Hershey – MACD and Stochastics helpers for 123 and FTT's

    You raise two points: 1. False signals, and 2. Enlarging the time distance between the exit signal and the prior entry signal. The "sooner" entry signal. Generally, I like to, as do you, make a little more money on each trade. And let us look at the bigger picture of going down the...
  8. J

    Jack Hershey – MACD and Stochastics helpers for 123 and FTT's

    I have annotated this. Go from the beginning of the day and make a log. You will see from the written log what you would have been doing as trades during the day. first the day begins. You wait for synch. You use 5,2,3 to enter time passes and you use 14, 1, 3 to exit. You...
  9. J

    POLL: What is most important measure of "trading success" to you?

    RP, a percentile value, where it is a measure of relative performance as compared to what is possible. The list of those who could be included in the percentile groups presently is not regularly available. A substitute is the combo of reported results of pros and the market's performance...
  10. J

    POLL: What Got You Into Trading?

    Other category My department head where I was an instructor while in grad school. (RPI) No one in the department depended upon teaching salaries and all were investors/traders. When I arrived on first job a person in my department at IBM was trading on the basis of TA in Magee. (1957)...
  11. J

    Jack Hershey – MACD and Stochastics helpers for 123 and FTT's

    great post munck. give callmate a buzz you live near her. Note to all on the SCT. Do the annotated chart thing in chartreuse and heliotrope every day. trade with one contract to begin (Callmate use 10) and each time profits mount up to another margin amount, add another contract...
  12. J

    Jack Hershey – MACD and Stochastics helpers for 123 and FTT's

    See attached annotated chart. I lost a long post somehow, sorry.
  13. J

    Jack Hershey – MACD and Stochastics helpers for 123 and FTT's

    In this post I am responding to your chart and Q's and keeping the focus on making money and the STOCH's. Each point I make to you has a reason. 1. Always use a universe and from it make up lists. Please check through how people get to focus on a list. Download and print "Putting the...
  14. J

    Price and Volume

    Your wish has been granted. I pm'ed my phone # to you so live arrangements can be made. My personal preference is to do what has been done in the past. The markets are recorded daily on camtasia. I have a stack of CD's of them. Usually, I use them to explain the day unfolding by over...
  15. J

    Jack Hershey – MACD and Stochastics helpers for 123 and FTT's

    A fast STOCH chart has been annotated and put up. Thanks so much; this is a super aid for everyone. The chart is a five minute ES chart and it's buddy the YM looks the same with the added advantage that there is an leading offset of the YM and the ES. the signals from the fast STOCH are...
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    Jack Hershey – MACD and Stochastics helpers for 123 and FTT's

    The slow STOCH is set up to keep the CONTINUE MODE in place and allow a person to HOLD until the time is right to reverse. Therefore, we want a long shadow and a wide shadow to prevail. Up to thirteen bars may be invloved. For rockets there are always 13 bars involved on the RTL and...
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    Jack Hershey – MACD and Stochastics helpers for 123 and FTT's

    Thanks so much for putting up the MACD information. In a short while I will go through the MACD thoroughly but first I want to slip in the slow STOCH for continuity's sake. So far we have added the fast STOCH fast line as a signal of the beginning of a new sentiment when it crosses the 50%...
  18. J

    Jack Hershey – MACD and Stochastics helpers for 123 and FTT's

    Here is an equities application of the STOCH (5, 2, 3). The example I have used in the past is NTRI in 2006. Anyone who gets interested in trading, can go through the process of reasoning through the value trading will have in his life and that of his family. Concluding that trading will...
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