I am getting my butt handed to me on a daily basis!

Quote from smallStops:

jack hershey,

I have quiet a LOT of time on my hands during trading days.
And I would like to have a deep look at your method of trading.
Where should one start?

Thanks.
What's wrong with starting to read at the first page of this thread? :D

To have a "deep look" you have to prepare yourself by filling your time with a LOT of ACTION.
 
Quote from frenchfry:

What's wrong with starting to read at the first page of this thread? :D

To have a "deep look" you have to prepare yourself by filling your time with a LOT of ACTION.

Let me get dedicated notebooks for each ET methods I am going to look deep into.
 
Quote from smallStops:

Let me get dedicated notebooks for each ET methods I am going to look deep into.
Wrong approach!

If you want to look into "the sons of lines" methods do it. If you want to look into Jack's SCT, do it. If you want to look into some other stuff which is available, do it.

But don't do it at the same time! You are messing up your brain, delay your learning process and probably screw up at the end.

If you want a structured approach then choose Jack's SCT. If you want some philosophical discussions about buying and selling pressures look at the other thread.
 
Quote from jack hershey:SNIP
Here is the open today (30SEP13)
Bar 1 is a P1 for sure on PRV.
(This means a shu in PP3 on bar 2)
What does "a shu in PP3" mean?
Quote from jack hershey:
So the bar is an OB where part 1 is a P1 and the "next" is a T1. Two values create an earlier turn called PP4. Modrian says NO 'c' turn so it is an 'a' turn and the trend type becomes a Set D. This means we will be long for quite a while.
Automatically on measurable bar 2 the P1 is assigned. All segments are isolated by the P1 assignment technique. Pay dirt on bar 8 where we are gong to assign a 'b' turn automatically. Notice the P1 to T1s to P2 set up the A band EE sheet. bar 8< T1 in force means Ab LVBO.
If I'm reading your chart annotations correctly (pink ray, not green), I'm not seeing a P2 having been assigned for bar 7. How do you have the A Band established (and thus the Ab EE) if P2 hasn't been assigned?

Bars 10, 11 and 12 are P1s with accel = PP1. However, your chart indicates a BO,T1 in addition to the PP1. How can you have a BO with a T1 when T1 hasn't occurred yet?
 
Quote from smwbbe:

If I'm reading your chart annotations correctly (pink ray, not green), I'm not seeing a P2 having been assigned for bar 7. How do you have the A Band established (and thus the Ab EE) if P2 hasn't been assigned?
Could it be that there are two versions of the chart? I see one is showing the "routine" and the other one the "fail safe". In the "routine" version there is the P2.

With so many charts flying around it is good to attach the chart (or portions of it) which the question references.
 
Here is today's chart fully annotated. This chart was :snagged" with snagit.

The annotating was done by a person finishing up the 40 days. Notice it is neat and oredrly and correct. He deleted his annotations from Monday and the past so the machine would function more rpidly and precisiely.

We snag alll charts and keep png files for reference.

I have read the recent posts.

FF is correct. An illustration needs to accompany a posted comment. This practice makes it easier for ET readers to follow along.

So far it looks like the opening bars of each day are a challenge every day.

So here are the first 12 bars of today.
 

Attachments

Quote from smwbbe:

I think I may understand the BO, T1 but please confirm my understanding or correct me.

Even if you've gotten to a P2, a T1 occurred prior to that (OOE) so it's "in force"? If the RTL is broken out of at all (close inside or outside, inc or dec vol), that's the signal to reverse OR does it have to close outside the RTL?

Close has to be "outside".


Per previous instructions: A BookMark is placed when an EE has occurred. It is at the end of the bar that price is going away from. If you have an EE that is turning from "long" to "short", put the BM at the high of the bar. On the other hand, if you are at an EE that is going from "short" to "long", put the BM at the bottom of the bar.

Correct.



So, if your BM is compromised by even one tick, the REV portion goes into play, correct?

Correct.


[/B]
 
Quote from smwbbe:

What does "a shu in PP3" mean?

If I'm reading your chart annotations correctly (pink ray, not green), I'm not seeing a P2 having been assigned for bar 7. How do you have the A Band established (and thus the Ab EE) if P2 hasn't been assigned?

Bars 10, 11 and 12 are P1s with accel = PP1. However, your chart indicates a BO,T1 in addition to the PP1. How can you have a BO with a T1 when T1 hasn't occurred yet?


what you quoted from me is just additional info that could come into the space around the bars I mentioned.

what I am doing is promoting tangilbe thinking during time passing is various contexts.

I will cut back on that until you begin to aske leading Q's using charts where bars are forming.

we are moving from hindsight to the use of leading indicators.
 
Reposted to include appropriate attachment:
Quote from jack hershey:SNIP
Here is the open today (30SEP13)
Bar 1 is a P1 for sure on PRV.
This means a shu in PP3 on bar 2.
What does "a shu in PP3" mean?

Quote from jack hershey:
Automatically on measurable bar 2 the P1 is assigned. All segments are isolated by the P1 assignment technique. Pay dirt on bar 8 where we are gong to assign a 'b' turn automatically. Notice the P1 to T1s to P2 set up the A band EE sheet. bar 8< T1 in force means Ab LVBO.

If I'm reading your chart annotations correctly (pink ray, not green), I'm not seeing a P2 having been assigned for bar 7. How do you have the A Band established (and thus the Ab EE) if P2 hasn't been assigned?

On the LEFT side of the attached file, the GREEN arrow at the bottom shows a pink ray. On the RIGHT side of the attached file, the BLUE arrow at the bottom shows a pink ray.


Bars 10, 11 and 12 are P1s with accel = PP1. However, your chart indicates a BO,T1 in addition to the PP1. How can you have a BO with a T1 when T1 hasn't occurred yet?

On the LEFT side of the attached file, the RED arrow at the top of the volume pane shows the notations, PP1 and BO,T1.
 

Attachments

Quote from frenchfry:

Could it be that there are two versions of the chart? I see one is showing the "routine" and the other one the "fail safe". In the "routine" version there is the P2.

With so many charts flying around it is good to attach the chart (or portions of it) which the question references.

I did post two versions as a way to create the value of using the failsafe. A lot of traders do not like to lose money. So to make that possible, I added the failsafe.

Since the open is where most work is done by readers, I posted two versions of the open.

Thanks so much for helping out the take a deep look guy.

the week 6 report provides a deep look in the sense of seeing how money is doubled within a week. Doubling evey week for say a year creates some capital no matter how small a deep looker starts his deep look.
 
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