Got it now, dawg? 
FRuiTY P.
FRuiTY P.
The Stochastic Indicator
- Thread starter jack hershey
- Start date
- Status
OK, I'm gonna bring to the surface what some people are probably thinking, but are hesitant to say it because they don't want to appear mean. Before I start, I would like to say that I like Jack, I think it's great he's here on ET, and I'm very appreciative of the fact that he is willing to teach. That said, WHAT THE HELL DOES SOMETHING LIKE THIS MEAN?! 
FRuiTY P.
FRuiTY P.
Quote from FRuiTY PeBBLe:
OK, I'm gonna bring to the surface what some people are probably thinking, but are hesitant to say it because they don't want to appear mean. Before I start, I would like to say that I like Jack, I think it's great he's here on ET, and I'm very appreciative of the fact that he is willing to teach. That said, WHAT THE HELL DOES SOMETHING LIKE THIS MEAN?!
FRuiTY P.
Would that mean that he is related to Harry...
You mean, this Harry?Quote from wally_:
Would that mean that he is related to Harry...
F. P.
Jack,
I am graphically oriented. Please look at the chart from Jan 6 included below (see link) and tell us how close I am to understanding the points you made regarding:
1. 1 Min bars
2. 3 points to define a channel
3. Dry up
4. Volume increase pushing the change
Does the sample chart and the suggested signals there present the picture you are trying to get across?
Thanks.
JohnnyK
To Jack,
I have attempted to graphically illustrate (see link below) part of your response to Dawg regarding his long rocket after 11 am, March 7. I have included some of your comments and my own observations with the graphic.
To improve my own understanding, I sometimes cut and past, reorganize and string together your comments, correcting any typos along the way. When I do this I designate them "[exerpts]". Hope you don't mind.
Dawg debriefed the trade and wanted to know how possibly to avoid his 2 point loss due to strict adherence to the "rocket" rules set forth in this thread...or whether it is part of the territory.
You suggested watching PV (the price/volume relationship) on the one minute bars in the context of expecting a "Point 3" in a possible trend. True? And can you please correct possible misinterpretations/observations I might have drawn in the graphic?
To Dawg,
Does this clarify how you might have stayed long in the trade?
Your welcome,
JohnnyK
I have attempted to graphically illustrate (see link below) part of your response to Dawg regarding his long rocket after 11 am, March 7. I have included some of your comments and my own observations with the graphic.
To improve my own understanding, I sometimes cut and past, reorganize and string together your comments, correcting any typos along the way. When I do this I designate them "[exerpts]". Hope you don't mind.
Dawg debriefed the trade and wanted to know how possibly to avoid his 2 point loss due to strict adherence to the "rocket" rules set forth in this thread...or whether it is part of the territory.
You suggested watching PV (the price/volume relationship) on the one minute bars in the context of expecting a "Point 3" in a possible trend. True? And can you please correct possible misinterpretations/observations I might have drawn in the graphic?
To Dawg,
Does this clarify how you might have stayed long in the trade?
Your welcome,
JohnnyK
Quote from FRuiTY PeBBLe:
OK, I'm gonna bring to the surface what some people are probably thinking, but are hesitant to say it because they don't want to appear mean. Before I start, I would like to say that I like Jack, I think it's great he's here on ET, and I'm very appreciative of the fact that he is willing to teach. That said, WHAT THE HELL DOES SOMETHING LIKE THIS MEAN?!
FRuiTY P.
Thanks for your question.
What I was trying to introduce to people was how a person who is progressing in learning to make money thinks.
It is like a Before and After situation.
As you see here and elsewhere most people are not doing too well compared to what their potential is.
People, you will notice, either synthesize or analyze, i.e., put things together or take them apart to gain in skills.
sequences come to people's minds as a process of synthesizing.
Think of it as a puzzle, perhaps. All the pieces are there and they are laying out all over the place. Go by color. Think of Stocs of three colors MACD of a color and volume and price as separate colors. Anyone can pile these together in groups.
Sooner or later connections are made among pieces. At first the minimum of two works fairly easily.
You can understand that for each color you can get a few pairs to be "seen" as fitting early on. After a while several pieces may come together for a person who is "working" on a puzzle.
What must happen at some point is the person making the connection between and among the colors.
For making money, people catch on to the sequences of signals from each indicator. Gradually they connect to the fact that the sequences for different indicators do fit together somehow.
If a person is able to realize his potential to think through these fits of indicator sequences, then he now has an additional powerful tool for making money.
It is not a predictive thing that happens; what it is is a way to anticipate and then use proper decision making to participate in trades properly and optimally.
What experience can give to a person who is intellectually equipped is a terrific set of tools to make money. Transferring these tools to others is easily possible if they are receptive and capable of learning to process stuff.
I continually examine what the milestones are for people to become successful, i. .e., millionaires in a short period of time.
I find that peoples existing "pictures" are the most difficult to address. You are a borderline person who swings between "seeing" and "hearing" (visual compared to audio). Neither way to approach you is going to be easy primarily because of your receptivity.
There are issues of "proving " things in this forum. This comes from the group experience of the existing arena and it's bounds so far.
What people want here is someone to dump the whole show on them with examples and they will take it from there.
It turns out people learn by plateauxs one after another. It is easy to operate on a given plateaux and it is a real struggle to climb to the next one. I "see" the plateaux since I have been with people on them for many years.
What is required to get rich and richer is to be successful on several increasing levels of productivity instead of just having something dumped on you and picking up the ball and running with it.
I take people to places they have never been. If you kept a notebook on this, you would find out that I am particularly thorough in my efforts. I do labor points to make them clear and simple. Learning is very easy once you have learned something. The sequence thing is going to turn out to be a boon towards solving each and every problem that people raise.
I gave you an overview of the levels (plateaux) of the sequencing thing. It is something to get to a place where something is so second nature to you that you can notice "what wasn't that" or "There is a big flaw that has appeared."
So what if a lot of things are all new to you. Every challenge in life that you can recognize, you can meet and surpass. If you couldn't, you would not have recognized the challenge anyway.
Look at the people here who make strange noises all the time. you can sort them into two goups. Those that recognize stuff to meet the challenge on and those that are mostly humorous nitwhits who are just making funny noises.
I will point them out for a while.
What I write has a lot of substantive content. I am defining a very comprehensive system that makes a lot of money. It is composed of a structure, a process and the results that are achievable. I will go through about 8 levels of sophistication over the months. To get from here to there requires making money all the time. A person has to start where he is and go to where his potential can take him. None of this is rocket science.
I work in agriculture. It takes three steps to achieve optimum production. 1. get rid of the poisons put on the soil in the past. 2. bring the soil into balance. 3. maintain the maximum productivity of the soil. Think about it.
JohnnyK,
The graphics you posted helped me to focus on some of the things that were referenced by Jack. Thanks for posting them. The part that confuses me is where Jack is talking about { " Point 1 is first on the right side; point 2 is âaway on the left. What we need last is the second point on the right side. It is point 3. " } In your graphic you're showing a normal channel but Jack is talking about point 2 being away on the LEFT... Something I'm missing here but not sure what it is.
thank you so much that is a very good illustration and annotation.
If you post the 1 min just before noon that will help others as well
- Status