Volume Leads Price Trading
- Thread starter cnms2
- Start date
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Ditto thank you spydertrader and Jack Hershey wherever you are!
Jack and I never got along particularly well way back when, and we still disagree on what I consider to be important issues. But I hope that those of you who have benefited from Jack's guidance will make every effort to contact him and tell him how much you appreciate his help while you still can.
Db
Db
On the off chance that Jack, or Spyder, is lurking here but not posting: I'd like to echo the sentiment in this thread and again offer my gratitude to each of you. Thank you for so many valuable posts over the years.
If someone has an update on Jack’s health or knows how to contact him I would appreciate a PM as I would like to be able to thank him more directly than simply through an ET post.
Best Wishes!
-river
In what ways do you use JH's materials? It wasn't until I started seeing the real power behind channels that I ever gave Jack Hershey's writings a second thought. He seemed to have a way to complicate things, but I'd be very interested to hear his material explained by someone else that is using it. Any thread I've ever looked at in the past involving him became overwhelmed with trolls, and the material ended up going nowhere.
Feel free to PM.
Essentially, what Jack discovered, formatted, developed, or whatever you want to call it, is a framework and a set of logical principles that all liquid markets naturally conform to.
I was thinking about how to describe TA to people who don't have any exposure to the field at all, and the best I could come up with was that it's similar to when Neo ascends or something and starts seeing the flowing green code in the Matrix instead of the normal image of the virtual world they're in.
Anyway, to answer your question, I used JH's materials to help me teach myself the language of the market and trade according to the sentiment it's displaying on whatever fractal I want to partner with. I wouldn't say the methodology is his in the sense of ownership. That would be like saying the laws of physics are Newton's methods of how the world works, to give a crude example.
The DB/Wyckoff material is quite similar in it's fundamental premise, only the focus has more room for subjectivity and analyzes behavior while JH is completely technical with the use of price tick movement and amount of volume as it's variables. However, as far as I know humans have yet to create a highly liquid and freely traded market that doesn't conform to both of these " methods' " fundamental principles.
I was thinking about how to describe TA to people who don't have any exposure to the field at all, and the best I could come up with was that it's similar to when Neo ascends or something and starts seeing the flowing green code in the Matrix instead of the normal image of the virtual world they're in.
Anyway, to answer your question, I used JH's materials to help me teach myself the language of the market and trade according to the sentiment it's displaying on whatever fractal I want to partner with. I wouldn't say the methodology is his in the sense of ownership. That would be like saying the laws of physics are Newton's methods of how the world works, to give a crude example.
The DB/Wyckoff material is quite similar in it's fundamental premise, only the focus has more room for subjectivity and analyzes behavior while JH is completely technical with the use of price tick movement and amount of volume as it's variables. However, as far as I know humans have yet to create a highly liquid and freely traded market that doesn't conform to both of these " methods' " fundamental principles.
