Spydertrader's Jack Hershey Futures Trading Journal

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Quote from ivob:

Just a few remarks.
Regards,
Ivo
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Ivo,

Thanks for the feedback. You're right about annotating pts 1,2,3--the more items I annotate the clearer it becomes and the deeper it sinks in.

That first 'FTT' was sloppy annotation--I saw price was going to drop on that bar (within 1-2 ticks of the high), so just copied and pasted an 'FTT' note. It was really just the moment I became convinced it was going to be a significant down channel. (And I suppose that was in reference to the green up channel, now I think of it....)

Thanks again,
palinuro
 
Todays (Mar12th) 10:20 ES bar opens and closes at the same price. Esiganal dictates that the bar is black with higher buy vol but the bar opened low, ripped up and then all the way back down. It looks like a bearish bar to me (ie more selling vol, than buying in reality). Is there a set of rules to know how to interpret these bars correctly? I know that they all cant be black in these situations. Or it it a matter of experience to know when to interpret them a certain way?
 
Mak,

I appreciate you posting the Volitility Potential spreadsheet... that is a lot of hard work that you have shared so kindly...

How often do you re-calibrate (if ever) the values...

thanks..

cj...

:confused:
 
Quote from Rocko1:

Hey I seem to get different volumes for the FX rates associated with different vendors. How do you know if the volume data's reliable?
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There is no volume data for forex I made a indicator that shows only price range (High-Low) instead of Volume.:)
 
Quote from EdgeHunter:

Mak,

I appreciate you posting the Volitility Potential spreadsheet... that is a lot of hard work that you have shared so kindly...

How often do you re-calibrate (if ever) the values...

thanks..

cj...

:confused:
More...

It's been a while. I'm redoing one now as I finish up an updated PRV sheet which will go up on the forum shortly. What we have to be careful about is that the the values aren't critical. In other words, there isn't a real silver bullet value, just operating zones. For me personally, my resolution is really at about 3 zones, SLOW/MEDIUM/FAST (ie. top 20%, middle 60%, bottom 20%). Weeks like the previous and prior tend to slightly shift the volume distribution. However, the characteristics don't change. Over the long haul, the shift is very slight, kind of like a red shift but on only in the top end. Watch for the post some time this week.
 
Here my chart for this morning.

Today is one of those days where I lost a lot (paper)trading. The good thing is I did catch the blue pt 3 after breakout from Friday's channel. I did not expect an FTT quickly after that so left at RTL with few ticks loss (after having been in black about 4 points..). Then after breakout tried to catch a pt 3 several times. This caused loss of several points quickly. I ended up with the annotated pt3 which was also wrong. Then there's the last FTT which seems to be working out.

It is the green channel that I was drawing wrong?

In general when I screw up it's on 1 or 2 moves but enough to not be able to be profitable that day. Comments are welcome.

regards,
Ivo
 

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Volume is pathetic so far today. I am getting chopped up too. I am really focusing on the 1 minute EM for trades but this is not part of our system.

Even FTT's and BO's are on low volume.
 
Are you sure you are using right contract. June?

Quote from 8833broc:

Volume is pathetic so far today. I am getting chopped up too. I am really focusing on the 1 minute EM for trades but this is not part of our system.

Even FTT's and BO's are on low volume.
More...
 
I'm on the March contract. I ussually wait till a day prior to rollover to change contracts. Another bias or a maybe bad habit thath I have is to NOT trade on the rollover day.

Maybe I should be on the June contract. I will monitor June.

thanks
 
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