Spydertrader's Jack Hershey Futures Trading Journal

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Quote from Vista:

Thanks, my str/squ doesn't look anything like your's. Using QT today, I plotted Value = @YM# - INDU.X - 45, but it just comes out looking like a 1 min chart of YM centered on zero. Back to the drawing board.
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Vista, if you want to see what Str/Squ should look like in Quotetracker, send me a private message and I will send you a screen shot with how the setup should look.
 
Quote from ehorn:

My view of the day attached. Fun "W" day!
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What a perfect "W" day is right. Around 14:20 I said to
myself "looks like a clear W day" :) I think the 14:20 bar said it all.
 
Quote from bundlemaker:

Then I posted a document containing where Spyder said the answer was supposed to be. I got news, it aint' there. And when I post that, no response.
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If by "It ain't there" you mean these step by step instructions do not exist, well then, you meet the clinical definition of delusional.

Quote from bundlemaker's document:

Continued Flaws and Internal Formations

Note Friday's Chart, and focus on the areas outlined in Yellow. Note how Volume works when price breaks free of the Yellow Boundaries.

Once you do have an actual pennant, beginning with the open of the third bar, begin to watch PRV very closely. When PRV starts to move (to increasing over the previous bar), you'll know to take the trade. We expect Price and Volume to 'break out' of the Pennant, and resume translation. We also, want to be on the lookout to see if this formation aided in the creation of a Point Three Channel - where Point Three falls on the last bar of the Pennant.
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I fail to see how you could have even reviewed the document once and still claim no directions existed.

I outlined exactly what to do, and you sir failed to follow directions - plain and simple. There it is - in black and white -crystal clear directions, which you claim, do not exist.

I encourage you to place me on your ignore list immediately.

- Spydertrader
 
Quote from bi9foot:



EDIT. I understand how Spyder feels, because I am honestly getting tired of this act. Has it been a month already?. This happens at the beginning of each month LOL.
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Act? Tired? How do you think I feel. I came in, posting a couple trades. I was nice. I asked for help. I was attacked. I will defend myself. The go'rounds come when straightforward questions are answered in a sly, nasty way. Insuating that I've got some ulterior motive or I'm stupid or something like that.

I read and reread your comments. Without being able to discuss this, verbally back and forth, I'm not confident you'd ever get what I mean. But, I will point out they you mentioned the lower gaussian peak on the FBO. Your comments prove my point. At the close of the bar in question, is it continuation or is it change? It's a FBO of a lateral formation. It's increasing dominant volume. It's a lower gaussian peak. But, this is only the first bar off the RTL bounce. If you're suggesting I'm supposed to be able to make an objective opinion about what MIGHT happen, I can accept that. If you're going to suggest that one can make a decisive trading decision, then I think you're dreaming.

We are supposed to be in the now. If we keep doing that, with data that I (doesn't mean you) see as giving conflicting answers as to change or continuation, I will keep making trading error after trading error.
 
Quote from Spydertrader:

If by "It ain't there" you mean these step by step instructions do not exist, well then, you meet the clinical definition of delusional.



I fail to see how you could have even reviewed the document once and still claim no directions existed.

I outlined exactly what to do, and you sir failed to follow directions - plain and simple. There it is - in black and white -crystal clear directions, which you claim, do not exist.

I encourage you to place me on your ignore list immediately.

- Spydertrader
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You need to read more carefully. I have asked again and again (today) about something very specific. You just keep ignoring it. No where in the piece you quoted is there any clue whatsoever as to how laterals and gaussians fit together. THat's all I've been asking about all blessed day long.

I've even tried rephrasing it. You have NOT GIVEN ANY INFORMATION WHATSOEVER as to how to interpret the relationship between the two concpets. All that is left is to guess. Thanks for nothing. I've blown a year of my life. Sure, there is a scant handful that you CLAIM are making this work. But I've gone back and reviewed MONTHS of chat and contacted a few people. The ones that you claim are doing so well with it in fact aren't even using it. I have continued to try and work through it, because I trusted that you were a big enough person to give me a bit of slack, would accept an apology, and move on. That's why I posted the question and my trades today. After you ATTACKED me, I just kept my mouth shut (for a period). Then, I tried again, and you attacked again.
 
Calm down folks, we are all working here as a team and have a responsibility to "pass it on if we get it," Jack has said that many times.
Bob is feeling frustrated and needs help. I am certain he doesn't mean to come across as demanding or aggressive, he is crying for help. If you can offer any assistance, please respond if not try not to inflame the situation.
Bob, take it easy, believe me, people here are not out to get at you, they are simply passing on how they see things. After all there have been many discussions here as to how we see things differently. You are really making things difficult for yourself, just concentrate on picking FTTs and 123s, exit trades if you find out that you have read the market incorrectly. Trust me it will come to you! One day you will have your own cash machine at home! :p
PEACE :D

PS - Do you think I should take up Kofi Annan job?( have I spelt his name right):D
 
Quote from bundlemaker:

You need to read more carefully. I have asked again and again (today) about something very specific.
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I gave specific directions which you did not follow, and which you now claim did not exist. I've repeated this process with you numerous times. You now want to know about Gaussian Peaks and their relationship to formations. You cannot follow simple directions even a small child could comprehend.

Mom: "Don't touch the stove, Bob, its Hot!"

Bob: Ouch!! "Mom!!, you didn't tell me not to touch the stove on Tuesday!! Now, I burned myself!! It's all your fault, Mom!!"

Mom: SMACK!!

Bob: "Waahaaaaaaa!!"

Seriously, place me on your ignore list, and go cry someplace else.

- Spydertrader
 
Admire this chart!

W.png
 
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