Search results

  1. R

    Spydertrader's Jack Hershey Equities Trading Journal III

    Haroki I did trade IAAC recently. It signaled on 3-16 at 19.07 at 9:34am. It did not reach FRV by end of day so I exited the next open on 3-19 at 19.27. Net of +27. IT WAS A PAPER TRADE ONLY BECAUSE THE VOLUME WAS LOW.
  2. R

    Spydertrader's Jack Hershey Equities Trading Journal III

    I have yesterday's daily bar as an FTT if price tomorrow takes out today's high. In my channel the LTL is at 31.58. With my risk management controls I would be risking $250 to make about $120. Not very appealing but if it breaks strong I am long. If I miss the initial breakout I do not chase...
  3. R

    Spydertrader's Jack Hershey Equities Trading Journal III

    Jack, Nice to hear from you. Hope life is good in AZ. Over the last few months our trading focus here has moved from the Final Universe emphasis of MACD and RSI indicators to particularly the FTT. My question concerns the importance of a stock's rank. At the FTT level of training should I...
  4. R

    Spydertrader's Jack Hershey Futures Trading Journal

    I added NMRX to my final universe tonight. EDIT: Scratch that. Insufficient volume.
  5. R

    Spydertrader's Jack Hershey Equities Trading Journal III

    Yes I use the UV table for my trading. I only apply it to the DU list that is generated each day. I have only used it for a couple of weeks and there have been few trades to enter during that time. One was BITS yesterday. I entered into the trade at 10:32 at a price of 9.80 and exited...
  6. R

    Spydertrader's Jack Hershey Equities Trading Journal III

    I don't know for sure but if you can pull up a chart of the stock you are interested in and set the interval to monthly you should get a good idea if there is sufficient data to include in your universe.
  7. R

    Spydertrader's Jack Hershey Equities Trading Journal III

    John, My list was the same. They were both no go today due to lack of volume on BITS; NVEC hit DU between 10-1030 EST but price, MACD, and STOC were all negatives on the 30 min chart b
  8. R

    Spydertrader's Jack Hershey Equities Trading Journal III

    My entry was at 938 EST when the pro rata low band volume was passed. I use Spyder's standard indicators of positive price, slow Stochastic above 80 on 30 minute chart, and MACD positive on 30 minute chart. My fill price was 25.86. You are right that volume stalled after about 10-1030 and...
  9. R

    Spydertrader's Jack Hershey Equities Trading Journal III

    Jack, I entered a trade on FTEK today according to my understanding of the rules. However my question is for handling the trade tomorrow. FTEK hit FRV today so I held it. When I look at the Unusual Volume Correlation Table it mentions that the stock must meet certain %of the 65 day avg...
  10. R

    Spydertrader's Jack Hershey Equities Trading Journal III

    John I have those plus CAL b
  11. R

    Spydertrader's Jack Hershey Equities Journal II

    CDN, I think you will find that they are the same. The 90 day figure is 3 calendar months and the 65 day figure is 3 trading months. There are usually 21-23 trading days in a calendar month. At least that is my take on the difference. b
  12. R

    Spydertrader's Jack Hershey Equities Journal II

    I have been reading some of Jack's writings from the late 90s and am particularly focused on his belief that the best stocks to trade are those that have high RS and EPS ranks. I have an extensive list of stocks that I have followed since the last quarter of 2004 for a technical trading model...
  13. R

    Spydertrader's Jack Hershey Equities Journal II

    Spyder, Never mind. I see that WBD does not have sufficient volume to be included. I looked at the numbers wrong.
  14. R

    Spydertrader's Jack Hershey Equities Journal II

    Spyder, I have WBD in my final universe. It showed up Friday and is in DU. I did not see it above. Did I get something wrong? I used the stocktables site for my scan.
Back
Top