Hey Jacker Slackers
- Thread starter hypostomus
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...yes, the pinwheel was what immediately came to mind, but that is a tool which is localized in time, somewhat like seeing three ma's diverging from a point in time. I am often somewhat hazy on Jack's methods (Is it me or is it the methods? I get confused sometimes.), so I had to search for the references. What I am referring to is the change in the slopes of the successive up channels, as Jack understood.
... you are a wicked old man, encouraging me to use an MA crossover! That's too easily testable, you know (and I have). Although I did notice in Kastro's charts that he had added an unauthorized MA to the main chart. I thought perhaps he had misappropriated my copyrighted exponential non-moving average (ENMA, enema for short).
The 2 NQ points was just in my first Jack trade of the day. I don't like to brag, unlike SOME people.
Re the NQ premium, I am glad that you find nothing there. That means it is unlikely to have been discovered by the literal-minded unimaginative quants for whom it isn't there if they can't see it. If you put your ineffable Jack-Mind to work, you will see all kinds of things there. They are fine, subtle, hard to grasp, most usefully in the category of "what wasn't that?". Take the concept of "sync" (which should be synch actually but Jack isn't much of a wordsmith, despite the MA). I thought that was complete bullshit until I started watching the NQ premium. You can see to the minute when it occurs. I use an ENMA of the average premium with the exponent set to unity as an aid (that is NOT a joke).
You see what is happening here? Like all great religions, we are witnessing a schism between those who wish to maintain the status quo of the received knowledge of the elders, and those who want to add the wisdom of the latter day. Nearly every day, I add a fruitful extension to the method, and all I get for my selfless effort is persecution. But I persevere.
The 2 NQ points was just in my first Jack trade of the day. I don't like to brag, unlike SOME people.
Re the NQ premium, I am glad that you find nothing there. That means it is unlikely to have been discovered by the literal-minded unimaginative quants for whom it isn't there if they can't see it. If you put your ineffable Jack-Mind to work, you will see all kinds of things there. They are fine, subtle, hard to grasp, most usefully in the category of "what wasn't that?". Take the concept of "sync" (which should be synch actually but Jack isn't much of a wordsmith, despite the MA). I thought that was complete bullshit until I started watching the NQ premium. You can see to the minute when it occurs. I use an ENMA of the average premium with the exponent set to unity as an aid (that is NOT a joke).
You see what is happening here? Like all great religions, we are witnessing a schism between those who wish to maintain the status quo of the received knowledge of the elders, and those who want to add the wisdom of the latter day. Nearly every day, I add a fruitful extension to the method, and all I get for my selfless effort is persecution. But I persevere.
...I have just finshing reading YOUR posts, and I must apologize. You evidently are in the very early stages of guru-thralldom. I sympathize, as I am in a more advanced phase, but still in thrall. There is great merit in going back and reading EVERY post by Jack Hershey, Bubba7 and Grob109. His detractors accuse him of being obscure. IMO that is not the case. IMO he makes it like putting together a puzzle face-down to make the method emerge as a gestalt (an "a ha!") rather than as a rigid rote mechanical system. If you spend weeks, as I have, doing this, then your mastery of the method will emerge stronger than if you simply learned it straightforwardly.
Let me suggest to you a gedanken experiment. Imagine that you are Richard Bandler and John Grinder (better learn a little NLP to talk to Jack, but not too much, the merest superficialities will suffice), observing Jack while he trades to construct an expert intraday trading system simulation of him. Imagine that one by one you take his tools away from him, as you continuously monitor his performance. Does he do worse without his nine point pre-market analysis (only four are documented, best of my knowledge)? Without the IT? Without reference to absolute time (no knowledge of synch)? Without DOM? Without the stochastic? Without the MACD? Without PREM? Without, heaven forfend, volume? My prediction is that Jack would still be a world class trading champ with ONLY pure price and time. Die gedanken sind frei.
Let me suggest to you a gedanken experiment. Imagine that you are Richard Bandler and John Grinder (better learn a little NLP to talk to Jack, but not too much, the merest superficialities will suffice), observing Jack while he trades to construct an expert intraday trading system simulation of him. Imagine that one by one you take his tools away from him, as you continuously monitor his performance. Does he do worse without his nine point pre-market analysis (only four are documented, best of my knowledge)? Without the IT? Without reference to absolute time (no knowledge of synch)? Without DOM? Without the stochastic? Without the MACD? Without PREM? Without, heaven forfend, volume? My prediction is that Jack would still be a world class trading champ with ONLY pure price and time. Die gedanken sind frei.
Please see the attached chart. Does anyone have stats on BO's from FTPs? The received wisdom is that they BO preferentially up, but my memory says that ain't reliable. This one BO'd up, then down. Those who do not have a list of jacronyms, please ask nkhoi. He is the official keeper.
looking at you 2s prem. chart remind me of this book, guy who recomm the book said 'it's in there but he didn't say which page'
http://www.amazon.com/gp/product/offer-listing/0140092501//103-1964146-7203827?condition=all
http://www.amazon.com/gp/product/offer-listing/0140092501//103-1964146-7203827?condition=all
...did you actually code it up and watch it or were you just looking in your mind's eye? I just love attempts to apply chaos theory to the markets. Who is dumb enough to think that deterministic simultaneous nonlinear partial differential equations has any relevance?
...if the Phoenix is posting. I think it's a "take your money day" so I'm keeping what I made in this morning's jackings. We've already had six of the four moves Jack forecasts for each day.
And re my 2 sec. NQ PREM chart, in the immortal words of Dr. Leo Lizardo in "The Adventures of Buckaroo Banzai in the 25th Century": "Laugh-a while-a you can-a, monkey boy!" When my book comes out, you'll all drool with envy: Get Rich in Only Two Seconds a Day.
And re my 2 sec. NQ PREM chart, in the immortal words of Dr. Leo Lizardo in "The Adventures of Buckaroo Banzai in the 25th Century": "Laugh-a while-a you can-a, monkey boy!" When my book comes out, you'll all drool with envy: Get Rich in Only Two Seconds a Day.
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