Spydertrader's Jack Hershey Futures Trading Journal

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I have been consistently studying the Jack Hershey method for a little over two months. I have read all the journals multiple times and have reviewed all of the videos. Annotating channels is becoming second nature. The problem I am having is drawing the correct Gaussian lines for the ES futures. I understand the primary purpose of Gaussians is to confirm that the trader is trading within the correct channel. They always match the correct forest size channel. They are used to determine what is dominant and non–dominant. Gaussians indicate if there are missing channels, and if there is an FTT approaching.

As volume peaks it will ALWAYS:

1. Hit the left trend line
2. Be an FTT
3. Create a volatility expansion

I understand these concepts and look for these indicators as I look for signs of continuation and change in my Q-charts. I once again just watched Procrast’s Gaussian Video and I am still having difficulty in drawing the correct Gaussian sequences. Any advice on where else to look or how to annotate would be greatly appreciated.
 
Quote from suriano3:

I have been consistently studying the Jack Hershey method for a little over two months. I have read all the journals multiple times and have reviewed all of the videos. Annotating channels is becoming second nature. The problem I am having is drawing the correct Gaussian lines for the ES futures. I understand the primary purpose of Gaussians is to confirm that the trader is trading within the correct channel. They always match the correct forest size channel. They are used to determine what is dominant and non–dominant. Gaussians indicate if there are missing channels, and if there is an FTT approaching.

As volume peaks it will ALWAYS:

1. Hit the left trend line
2. Be an FTT
3. Create a volatility expansion

I understand these concepts and look for these indicators as I look for signs of continuation and change in my Q-charts. I once again just watched Procrast’s Gaussian Video and I am still having difficulty in drawing the correct Gaussian sequences. Any advice on where else to look or how to annotate would be greatly appreciated.
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Welcome to the journey.

my suggestions:
-- draw lots of gaussians
-- post the charts here. The nice people will review your charts and offer you corrections.

this is an iterative exercise. You have to do it, and improve on it a little bit at a time.
 
Quote from suriano3:

.. I am still having difficulty in drawing the correct Gaussian sequences. Any advice on where else to look or how to annotate would be greatly appreciated.
More...

http://www.elitetrader.com/vb/showthread.php?s=&postid=1482230#post1482230
this is index of spyder charts, bring up the same chart of the same day then copy spyder's gau down, do that for all the charts. Then erase the gau and draw it yourself, eventually yours will match his drawing.:cool:
 
Quote from suriano3:

I have been consistently studying the Jack Hershey method for a little over two months. I have read all the journals multiple times and have reviewed all of the videos.

...

Any advice on where else to look or how to annotate would be greatly appreciated.
More...

Hi
I've been studying French for about 3 months now. I have a dictionary and a grammar text book. I understand that the words have meanings which can vary depending on where you are in the sentence and the context of the conversation. Do you have any advice on where to look to become fluent?

Answer: Move to France, get a French girlfriend and speak French exclusively for 6 months (for starters).

Reframe your question in a way that it can be answered. Doing this, you may find you do not need to ask anyone else as you will answer your own questions. Also post your charts as Pr0crast suggests.
 
I trust you had a good vacation. I also surmize that the class has been held back for lack of progress. Thats fine, as I am just now, after five months of study, beginning to consistantly have winning days. In fact 6 out of the last seven days. I don't know if that is the slower nature of summer or I am actually making progress. I hope the latter.
Thanks for your persistance, patience and continuance rather than change.
 
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