Questions to Jack Hershey

Quote from RCG Trader:

Close.

U left on a B2R. The trend can reassert itself.

Hold till a R2R, that is two bars over. See where you have higher red than the bar before it? That is a R2R. Keep at it,you are doing fine.

I should exit at the last red bar ("16:10-16:15" 5 min bar) on the chart as R2R appeared at that moment. Am I right?

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Quote from BenzMercedesSL:

I should exit at the last red bar ("16:10-16:15" 5 min bar) on the chart as R2R appeared at that moment. Am I right?

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You have it, grasshopper:D
 
Quote from RCG Trader:

You have it, grasshopper:D


Thank you for your help, RCG Trader!

In 4 Oct 2011 EOD, a DOM up traverse completed and then a NON-DOM down traverse started .(we saw R2R)

In 5 Oct 2011 morning, we expected a NON-DOM down traverse continuation.

I am wondering where the FTT of that NON-DOM down traverse is.

If FTT occurred @ 9:55, the last dom tape of that down traverse had only 1 bar. This should not be possible because the smallest observable thing (tape in this case) is formed by at least 2 bars.

When I switched to YM 2 min chart (9:52-10:00 area), I only saw r2r (the sequence was incomplete)

Did I miss something?


In the attached chart,
Black thin line: up tape and down tape
Blue medium line: up traverse
Pink medium line: down traverse

attachment.php
 

Attachments

Quote from BenzMercedesSL:

Thank you for your help, RCG Trader!

In 4 Oct 2011 EOD, a DOM up traverse completed and then a NON-DOM down traverse started .(we saw R2R)

In 5 Oct 2011 morning, we expected a NON-DOM down traverse continuation.

I am wondering where the FTT of that NON-DOM down traverse is.

If FTT occurred @ 9:55, the last dom tape of that down traverse had only 1 bar. This should not be possible because the smallest observable thing (tape in this case) is formed by at least 2 bars.

When I switched to YM 2 min chart (9:52-10:00 area), I only saw r2r (the sequence was incomplete)

Did I miss something?


In the attached chart,
Black thin line: up tape and down tape
Blue medium line: up traverse
Pink medium line: down traverse

attachment.php

Sigh......

Rocketeer till you triple your account. I have shown you where to get out, and you know how to get in. What else to you require?
 
Quote from RCG Trader:

Sigh......

Rocketeer till you triple your account. I have shown you where to get out, and you know how to get in. What else to you require?

Thanks, RCG Trader.

I'll study the rockets first.
 
Quote from Polix:

frenchfry is that you?:D

why are you ashamed to reveal yourself?

what is your previous a;ias?

mine were outsource;SnakeEYe;Polix(is present)

i didn`t have any,ever.

:D You smoked too much, drank too much, or both! :D

No, it's not me but I'm looking forward to see how this plays out.

But to be honest I also had my moments like MercedesBenz where I thought something can't be correct. If I apply this stuff in a strict manner it doesn't seem to work. And I could even prove it. But then suddenly Jack was able to pull another rabbit out of his hat and show me that I haven't noticed "the obvious".

So Mercedes hit the gas and smoke some rubber!
 
Quote from frenchfry:

:D You smoked too much, drank too much, or both! :D

No, it's not me but I'm looking forward to see how this plays out.

But to be honest I also had my moments like MercedesBenz where I thought something can't be correct. If I apply this stuff in a strict manner it doesn't seem to work. And I could even prove it. But then suddenly Jack was able to pull another rabbit out of his hat and show me that I haven't noticed "the obvious".

So Mercedes hit the gas and smoke some rubber!

Hi frenchfry,

Welcome. Nice to see you here!

I thought I was the only one who had millions of questions on SCT. :D

Do you have the same questions (the above posted questions) that I am having now?
 
I read all the posts in IR thread. There are many terms from Spyder, e.g. Pace Acceleration and Peak Volume. Do they still valid?

At that time (around 2008), Spyder was undergoing "Iterative Refinement". Some of the information might not be correct.

What do you think?
 
From http://www.elitetrader.com/vb/showthread.php?s=&postid=2015257#post2015257:

08-01-08 12:34 PM

As for those that seem to 'get it' , I would venture to say you are giving them too much credit. Making money is a far cry from truly understanding these methods. You can tell by most blotters that very few are doing SCT on even the most coarse of levels. As Spyder said, it is a long process to get there.


The fail rate seemed quite high....Are we going to be doomed?

hahahaha......
 
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