Spydertrader's Jack Hershey Futures Trading Journal

Status
Not open for further replies.
Quote from bi9foot:

Thanks Oddi & R/R for the additional clarifications.

I do not remember reading the switch for the 1min interval even though I had read the document before; so good reminder to check it out again.

Personally I don't use IF1/IF2 however the recent discussions prompted me to try and understand what it is. In the process I came up with the diagram and decided to share.

Think of APA as an "airbag" stop. That is why Jack calls it Additional Protective Action. So if you have never used APA, then you are effectively identifying turning points before they become patently obvious.

Best Regards
Oddi
 
Quote from TIKITRADER:

This is what I have for the ES daily chart this evening.

Price just failed to traverse and is moving up on lower volume, MACD histogram is positive and the Fastline just crossed over on the Stoch 5,2,3 and took out the 50 mark. I believe that this signal is referred to as a "Bruno R" in the Equities journal.

Things look pretty bullish.
 
Status
Not open for further replies.
Back
Top