Spydertrader's Jack Hershey Futures Trading Journal

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I began studying the JH method, as presented by Spydertrader in this journal, in mid June. I began annotating charts during each trading session, in the beginning of July.
I have been focusing on the following:
  • Annotating correct points of change (or continuation), as soon as they are recognized
  • Aligning channels with Gaussians
  • Not jumping fractals. ( I think I do this unintentionally)
  • Recognizing the beginning and end of a "Flaw".
  • Getting clear on what is needed for change and continuation, and watching as it happens during the day.

I've attached my chart for the day. Any comments and/or advice are appreciated.

Thanks,
Phineas
 

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Quote from Spydertrader:

Incorrect. You know where you are at all times. Certainly everyone has the ability to determine where Price sits between a RTL and an LTL. - Spydertrader
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What I meant was that we could be at point 1 of a new down trend or
we could be at minor correction of the current trend.


Quote from Spydertrader:
1. You've chosen to only look at Volume as differentiation between bars. This is simply not the way things work.
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Isn't this the purpose of comparing Volume to the last bar on a Pro
Rata basis.

Quote from Spydertrader:

2. Your analysis fails to take into account the context of the NOW. When context changes, the answer to the question, "What must come next?" also changes
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This is probably what I am missing. In all cases I would like for price and volume to move in sync with the trade immediatly. Unfortunately it seldom does.

I would find it helpful if you take my last question in my inital post about the possible trades from the areas that I circled and comment on:

(ALSO REMEMBER JUST ES PRICE AND VOLUME)

1) If you would of took any trades in the areas that I circled and why.
2) If you didn't take any trades why and what you would of looked
for in order to make any trades.
3) What must come next.


Getting a new perspective is what I am struggling with and I am hoping with your responses I can begin to let some light into some of my dark places.

Thank You !
 
I'm in "january" with where I am with the syllabus just to put things in perspective.

I think I'm getting faster at making pretty colored and annotated charts but I chuckle thinking to myself that "I make pretty colored charts" is what I'm getting good at and I'm wondering when I get lost ... or I don't know for sure if I'm doing this right (until the end of the day when I compare/correct/redraw based on Spyder's charts).

I've got to attend to other things but this is my pretty colored chart up to 11:25 or so.

Many people comment that we should post our charts so we might get feedback. I am interested in getting some of that feedback. Also it has been pointed out (and makes much sense) that a new comer should just make sure that their charts look like Spyder's at the end of the day - and I do my work after the end of the day working to correct and make them be that way.

For me on this chart things just seem messy and unsure from about 10:20 to 11:25 - so I don't know if I've captured it OK or if there are flaws I have yet to learn about so I should just consider it all continuation until I learn more or if I just am blindsided and missed something more important.

Thanks for any comments / feedback if you have them.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1534128>

- David
 

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Quote from David I:

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Thanks for any comments / feedback if you have them.

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- David
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congrat, your chart looks almost like spyder's chart. I think you mislabled a B2B, also you need the volume pace lines.
 
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