You mean there is no pdf or something that Jack posted for JHM 2.0? lol I don't even know where to begin then.
I think the link above doesn't have any of Jack's posts?
I think the link above doesn't have any of Jack's posts?
On 10-case geometry and beyond
- Thread starter Simples
- Start date
Well, only a moron loser would argue. End of that discussion.
+1
I am successfully rogue.
Thank you Jack!! R.I.P.
Rev Chron is part of the volume element test procedure. That's the procedure applicable to ANY bar with permission to measure volume. Surely you have the volume elements sheet. Rev Chron is the 3rd column.
Retro is a column on the log I learned with. It is applicable to Lateral formations only. As Sprout mentioned, Rev Chron and Retro are very much alike. However, when and where each is used is exclusive.
Attachments
Pace is generally only seen in real-time, and is applicable(seen in real-time) to non-time based charts as well. Think of Volume Pace as spikes and dryups that occur as a volume bar is forming. Match that information with the price pane activity. Volume (in terms of quantity) acceleration(IV) and declination(DV) can easily be seen bar to bar on time-based charts in real time as well as hindsight.
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Jack also posted as grob109, bubba7 and cd23,...
Another Journal working with the method:
https://www.elitetrader.com/et/thre...his-material-alive.320588/page-2#post-4646054
It's my understanding that JHM 2.0 was coined after Jack passed to figure out his RDBMS. In these two threads is where I had got my footing in that system with all the helpful support:
https://www.elitetrader.com/et/threads/fractal-theory-redux.303677/
https://www.elitetrader.com/et/threads/fortes-fortuna-juvat.282311/page-10
1. Only one chart;
2. Yes;
3. Yes;
I am sure you read Spydertrader's threads here on ET and on TL.
If memory serves me well, before Spydertrader's Jack Hershey Futures Trading Journal he traded 1 ES contract for the year or so.
How many trading days/hours are that? [ ~250d x 6.5h = ?]
I suggested the way to significantly reduce the amount of time spent and/or money lost on the learning curve.
But one still need that educational hours.
Some folks "Get it" in a week, I heard.
You have guides in form of threads and tools in form of software.
Will one "Get it" or not, and how fast, I don't know.
It depends.
And it depends on you.
“I noticed that in advances as well as declines, stock prices were apt to show certain habits, so to speak. There was no end of parallel cases and these made precedents to guide me. I was only fourteen, but after I had taken hundreds of observations in my mind I found myself testing their accuracy, comparing the behaviour of stocks today with other days. It was not long before I was anticipating movements in prices. My only guide, as I say, was their past performances. I carried the "dope sheets" in my mind. I looked for stock prices to run on form. I had "clocked" them. You know what I mean.”
Excerpt From: Edwin Lefevre. “Reminiscences of a Stock Operator.”
“Another lesson I learned early is that there is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again. I've never forgotten that. I suppose I really manage to remember when and how it happened. The fact that I remember that way is my way of capitalizing experience.”
Excerpt From: Edwin Lefevre. “Reminiscences of a Stock Operator.”
“He wants to get something for nothing. He does not wish to work. He doesn't even wish to have to think. It is too much bother to have to count the money that he picks up from the ground. Well, I wasn't that lazy, ...”
Excerpt From: Edwin Lefevre. “Reminiscences of a Stock Operator.”
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Grob106, Grob109 are Jack's usernames while he was banned on ET.
Jack's ideas was spread in all over ET. Spydertrader took them over and systemized in his threads. I call it JPM 1.0.
After Spydertrader "left" ET [technically he never left] Jack come up with new way how to teach people of the same thing. I named it JPM 2.0. And it spread in all over ET as Jack always did.
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To me, and you know I am rogue LOL, it is XB. Volume will help you determine if IBGS and/or bookmark. Also of importance is whether or not the structure in entirety is within your "trading" container, assuming your container is not bar-to-bar.
HTH