Forums (http://www.elitetrader.com/vb/index.php)
- Technical Analysis (http://www.elitetrader.com/vb/forumdisplay.php?forumid=33)
-- Jack Hershey 'clean pages' (http://www.elitetrader.com/vb/showthread.php?threadid=229517)


Posted by wilddog on 10-25-11 09:55 PM:

Jack Hershey 'clean pages'

Anyone knows which thread discusses Jacks ‘clean pages’?

Thanks


Posted by PointOne on 10-26-11 07:39 AM:

See Spydertrader's Iterative Refinement thread starting with Jack's post here:


07-19-08 05:00 AM
Here is page 1 and it is the heart of trading. I will get into details as time passes.



I found it with Google. Those guys.


Posted by Roark on 10-26-11 07:40 AM:

You two make almost as much sense as Jack Hershey.


Posted by Polix on 10-26-11 07:45 AM:

Thanks dog for starting this thread,i`m just trying to do the same thing

A part of it right here, on the page #1:

http://www.traderslaboratory.com/fo...lationship.html


Posted by Polix on 10-26-11 09:41 AM:

Clean page #1


Posted by Polix on 10-26-11 09:49 AM:

Clean page #2.The Cases


Posted by Polix on 10-26-11 09:51 AM:

Clean page #3.MADA flow chart for cycle 1.


Posted by Polix on 10-26-11 09:53 AM:

Clean page #4.FTT


Posted by Polix on 10-26-11 10:08 AM:

Clean page #5.Log for cycle 1.


Posted by Polix on 10-26-11 10:11 AM:

Clean page #6.Display 1.


Posted by Polix on 10-26-11 10:13 AM:

Clean page#6.Display 2.


Posted by Polix on 10-26-11 10:15 AM:

Clean page #7.Gaussian.


Posted by Polix on 10-26-11 10:17 AM:

Clean page #8.Volume sequence(Pattern)


Posted by Polix on 10-26-11 10:37 AM:

Clean page #9.Gaussian specification.


Posted by Polix on 10-26-11 10:39 AM:

Folks,feel free to add the vocabulary page,as it varies as Jack varies.


Posted by frenchfry on 10-26-11 11:08 AM:


Quote from Polix:

Clean page #9.Gaussian specification.




Just because recently I read a discussion about where the point 2 should be located...

If you look at the picture you will see that something doesn't look right. Points 1,2 and 3 and the corresponding peaks and throughs do they really match?

There are some old drawings which confuse more than they help. In addition some of the "clean pages" that you posted might not be THE clean pages.


Posted by Polix on 10-26-11 11:23 AM:

This particular 'clean page' emphasizes overlap,primarily.

Maybe it`s not the 'clean pages',i don`t know.You can suggest yours.


Posted by v34rm on 10-26-11 11:33 AM:

More Hershey pages


Posted by SK0 on 10-26-11 02:07 PM:


Quote from Polix:

Clean page #9.Gaussian specification.




Snake, this YM chart was created way back in 2004 or 2005, a time when full differentiation on the subject of gaussian was not achieved yet. I save your trouble by telling you that Frenchfry is 100% correct. Volume should tell you so. If you don't understand CP4, you are screwed for good. You don't want to miss the religious experience in CP4.


Posted by SK0 on 10-26-11 02:28 PM:

I have corrected the page.


Posted by MKTrader on 10-26-11 03:12 PM:

There must be a behavioral finance study out there that tries to explain why people are attracted to arcane, unverifiable garbage like this and most of Gann's stuff


Posted by frenchfry on 10-26-11 03:39 PM:


Quote from SK0:

I have corrected the page.



Thanks SK0! Looks better.


Posted by Grandluxe on 10-26-11 03:46 PM:

Is he still alive? i thought he passed away some time back.


Posted by Eight on 10-26-11 07:48 PM:

Jack Hershey!! Jack Hershey... Yessssssssss!!

He discovered some things in the '50's because he was a trading partner with a TA guy... hmmm.. probably had the whole thing(s) worked out by '70... so forty years later, after the computer has revolutionized very nearly everything on the planet... he's publishing all that garbaaaaage like it is the way to go!! Then he makes his followers crawl through ground glass to show they are worthy.. outside of that, wow, I really want to know what he says, no really...


Posted by MKTrader on 10-26-11 08:45 PM:


Quote from Eight:

Jack Hershey!! Jack Hershey... Yessssssssss!!

He discovered some things in the '50's because he was a trading partner with a TA guy... hmmm.. probably had the whole thing(s) worked out by '70... so forty years later, after the computer has revolutionized very nearly everything on the planet... he's publishing all that garbaaaaage like it is the way to go!! Then he makes his followers crawl through ground glass to show they are worthy.. outside of that, wow, I really want to know what he says, no really...



How dare you mock the Master?! No B2Rs or R2Rs for you, son. The Gaussians are planning their attack on the markets and you'll soon be left in the dust!

I just realized that the guys who were still into Dungeons & Dragons, hard-core gaming and Star Wars during college must make up most of Jacko's fan base.


Posted by Redneck on 10-26-11 09:05 PM:


Quote from MKTrader:

There must be a behavioral finance study out there that tries to explain why people are attracted to arcane, unverifiable garbage like this and most of Gann's stuff



imo it is simpler than that

Offer the promise of wealth beyond belief - if only

Too bad the “if only” never materializes

Greed is powerful…, and jack exploits it well

RN


Posted by Polix on 10-26-11 09:09 PM:

Thanks SK0!I got you baby.


Posted by MKTrader on 10-26-11 09:19 PM:


Quote from Redneck:

imo it is simpler than that

Offer the promise of wealth beyond belief - if only

Too bad the “if only” never materializes

Greed is powerful…, and jack exploits it well

RN



True, but people would rather fall for something easy, i.e., "Just wait until these two signal lights turn green and then buy!"

It takes a real glutton for punishment to spend countless hours trying to master Hershey's stuff and then lose just as much as you would have on the "green light/red light" system.


Posted by piezoe on 10-26-11 09:30 PM:


Quote from Polix:

Clean page #3.MADA flow chart for cycle 1.




I nominate this post and its accompanying chart for the "most entertaining post of the year" award!


Posted by MaxxHeatt on 10-26-11 09:31 PM:


Quote from Polix:

Clean page #3.MADA flow chart for cycle 1.




This is the floor plan to my house.


Posted by nkhoi on 10-26-11 09:41 PM:

Re: Jack Hershey 'clean pages'


Quote from wilddog:

Anyone knows which thread discusses Jacks ‘clean pages’?

Thanks



here is the thread clean page original date 07-18-08 04:18 PM
http://www.elitetrader.com/vb/showt...&pagenumber=133


Posted by piezoe on 10-26-11 09:43 PM:

You live in a rat maze, Maxxheatt?


Posted by Vienna on 10-26-11 10:24 PM:

Re: Re: Jack Hershey 'clean pages'


Quote from nkhoi:

here is the thread clean page original date 07-18-08 04:18 PM
http://www.elitetrader.com/vb/showt...&pagenumber=133



TYVM

__________________
Vienna


Posted by jprad on 10-26-11 10:24 PM:


Quote from MaxxHeatt:

This is the floor plan to my house.



Wife: New Shimmer is a floor wax!

Husband: No, new Shimmer is a dessert topping!

Wife: It's a floor wax!

Husband: It's a dessert topping!

Wife: It's a floor wax, I'm telling you!

Husband: It's a dessert topping, you cow!

Spokesman: Hey, hey, hey, calm down, you two. New Shimmer is both a floor wax and a dessert topping!

__________________
-jack-


Posted by jack hershey on 10-26-11 11:07 PM:

I just noticed this thread beginning.

Nikhoi referenced a thread where we began to chat about using the bunch of sheets that became known as the clean pages.

There I mention the importance of knowing how your mind works and how you can learn very quickly using a critical learning path.

A very nice thing you could do for yourself is watch a movie about a person who was very unlikely to grow into a functioning adult.

The "Temple Grandin Story" explains in a very poignant way how a person learns to realize her potential starting from way behind the 8 ball.

I learned to trade as an expert in about a month it turned out.

So Temple gign't learn to talk until she was four and she was always improperly diagnosed.

Here on ET I get to be diagnosed improperly all the time.

I had a meeting with one of my tech's today so he could explin what I am now learning.

I have cables attached to me when it is dark. In August, I was doing "not breathing" as many times as a machine was capable of analyzing. Lest week I got in the ball park and only stopped 27 times during one night.

I start up again in around three minutes and my pulse jumps up from the 40's the the mid 90's. So I guess I do not get much rest anymore.

Brain damage is what I considered to be an eventuality.

Temple became a PhD and is know world wide for her accomplishments.

I'm only known for a few things that affect your life each day you live.... LOL .....

What you can see in Temple's life is how you could grow mentally to be sooo wealthy you cannot imagine.

The clean sheets came about as I helped a person catch on to watching, annotating and logging the markets to make money.

I can remember the first time a person did make a million dollars in a day using profits from past compounding. A stock was used at the 100,000 share limit and we worked to make 17 points a share on each share. The IB was crying at the end of the day. It was done in the days of the phone calling. BUT she did mark up the T&S on the 31 pages where the trades were and FedEx'ed them to a third party for verification. And we left 200K on the table.

I should pick 15 ET air heads and make them a million a day just for one day; one problem, they don't have an account with 250 ES contracts trading power. So it goes.

Try to watch Temple in the movie to learn about how your mind is capable.

Then just orient to the opportunity of using a binary approach where there is always a 100% probability all of the time.

The people here who for year after year just wisecrack have no chance of looking at Temple go through her life. They have destroyed their minds and the possibility of ever building their minds.

By looking at adjacent bars (Use a steno pad) and seeing there are only a few patterns of pairs of bars, you go past the hardest thing in your life that is preventing you from becoming rich rich rich.

If you see this concept, then you just have a few building blocks to go and then you get to continually and always take the market's full offer.

Go look at hahahaha guy screwup not making any money today. I annotated his chart just to show a long trend had ended and he was going long into a short trend.

The market offers about 60 points a day to anyone who wants to take it.

Take out your steno pad and do the math. Begin with one contract and just trade dominant moves each day and add contracts

After you have 40 or so then trade trend segments using both dominant and non dominant.

At a point you get to having 250 contracts and you can make 80 points a day. See if you can write out the take for the day.

Temple wanted cows to be happy. She figured out how they stayed happy. she wrote articles about the cows.

Finally she got the chance to design and build a cattle handling system for dipping cattle (debugging them).

Stupid cowboys torched it and killed some steers using their screwed up rewelding. The detractors here are like stupid cowboys.

Temple designed the killing systems for packers and cutters. She wanted the cattle to be happy as they walked to the end of their lives.

How did Temple's mind get filled with all the pieces of the puzzles she solved?

How did my mind go through the piecesand put them together. Take the trip yourself and find out.

Then build your mind to be able to "read" the market instantly and always "know you know".

Read all the detractors and pity their ignorance and stubborness and stupidity. what are all the wisecracks they write? They are just being more and more stupid year after year.

Can you see a Sym. A FBP a red stitch an OB. A lat in a blue bow on TN?

Why is all of that on TN?

Why does TN do degapping for you?



Why is hahahaha guy so stupid and stubborn and angry? Who cares????

Will you see B2B 2R 2B and R2R 2B 2R or will you be like Covel?????


Posted by Polix on 10-26-11 11:28 PM:

Take it easy Jack,let`s better turn to the clean pages.


Posted by Polix on 10-26-11 11:37 PM:


Quote from jack hershey:

The IB was crying at the end of the day.



Why there wrer crying Jack?They didn`t want you to make as much money?


Posted by jack hershey on 10-27-11 12:04 AM:


Quote from Polix:

Why there wrer crying Jack?They didn`t want you to make as much money?



It was a stress situation.

The deal was to trade only as much as 10% of cummulative for day and to be limited to partial fills (@ market) where no partial exceeded the blocks going through. Blocks were around 3,000 shares per block. And thsi was in the 30 dollar a share range.

The call was to exit by going into the peak across the peak and to be out before starting down the far side of the peak.

The fills did not maintain the 10% cummulative rule. So at the far side of the peak we were behind in partials by not keeping up.

It took 30 some trades to dump the position ANd the cash was being deployed in another stock as a crossover type trade.

IB's have other things to do than just do fills for those accounts (11 were involved)


Posted by Polix on 10-27-11 12:27 AM:


Quote from jack hershey:

It was a stress situation.

The deal was to trade only as much as 10% of cummulative for day and to be limited to partial fills (@ market) where no partial exceeded the blocks going through. Blocks were around 3,000 shares per block. And thsi was in the 30 dollar a share range.

The call was to exit by going into the peak across the peak and to be out before starting down the far side of the peak.

The fills did not maintain the 10% cummulative rule. So at the far side of the peak we were behind in partials by not keeping up.

It took 30 some trades to dump the position ANd the cash was being deployed in another stock as a crossover type trade.

IB's have other things to do than just do fills for those accounts (11 were involved)



Why is this so important to do partial fills?If stock is liquid,why can`t just put 100k market order if you are there not for a penny,but for two digit points?Same thin is for ES.Why can`t just put 100 or 200 contracts order @ market?


Posted by Vienna on 10-27-11 01:27 AM:


Quote from Polix:

Clean page #1




Some time ago, I made Illustrations of Clean Page 1, to clarify it to myself.
Please note there is no open and close on the bars, so it's just a crude schematic....

hth!

Vienna

__________________
Vienna


Posted by baro-san on 10-27-11 01:32 AM:

The Pattern


Posted by baggerlord on 10-27-11 03:09 AM:


Quote from jack hershey:

I just noticed this thread beginning.

Nikhoi referenced a thread where we began to chat about using the bunch of sheets that became known as the clean pages.

There I mention the importance of knowing how your mind works and how you can learn very quickly using a critical learning path.

A very nice thing you could do for yourself is watch a movie about a person who was very unlikely to grow into a functioning adult.

The "Temple Grandin Story" explains in a very poignant way how a person learns to realize her potential starting from way behind the 8 ball.

I learned to trade as an expert in about a month it turned out.

So Temple gign't learn to talk until she was four and she was always improperly diagnosed.

Here on ET I get to be diagnosed improperly all the time.

I had a meeting with one of my tech's today so he could explin what I am now learning.

I have cables attached to me when it is dark. In August, I was doing "not breathing" as many times as a machine was capable of analyzing. Lest week I got in the ball park and only stopped 27 times during one night.

I start up again in around three minutes and my pulse jumps up from the 40's the the mid 90's. So I guess I do not get much rest anymore.

Brain damage is what I considered to be an eventuality.

Temple became a PhD and is know world wide for her accomplishments.

I'm only known for a few things that affect your life each day you live.... LOL .....

What you can see in Temple's life is how you could grow mentally to be sooo wealthy you cannot imagine.

The clean sheets came about as I helped a person catch on to watching, annotating and logging the markets to make money.

I can remember the first time a person did make a million dollars in a day using profits from past compounding. A stock was used at the 100,000 share limit and we worked to make 17 points a share on each share. The IB was crying at the end of the day. It was done in the days of the phone calling. BUT she did mark up the T&S on the 31 pages where the trades were and FedEx'ed them to a third party for verification. And we left 200K on the table.

I should pick 15 ET air heads and make them a million a day just for one day; one problem, they don't have an account with 250 ES contracts trading power. So it goes.

Try to watch Temple in the movie to learn about how your mind is capable.

Then just orient to the opportunity of using a binary approach where there is always a 100% probability all of the time.

The people here who for year after year just wisecrack have no chance of looking at Temple go through her life. They have destroyed their minds and the possibility of ever building their minds.

By looking at adjacent bars (Use a steno pad) and seeing there are only a few patterns of pairs of bars, you go past the hardest thing in your life that is preventing you from becoming rich rich rich.

If you see this concept, then you just have a few building blocks to go and then you get to continually and always take the market's full offer.

Go look at hahahaha guy screwup not making any money today. I annotated his chart just to show a long trend had ended and he was going long into a short trend.

The market offers about 60 points a day to anyone who wants to take it.

Take out your steno pad and do the math. Begin with one contract and just trade dominant moves each day and add contracts

After you have 40 or so then trade trend segments using both dominant and non dominant.

At a point you get to having 250 contracts and you can make 80 points a day. See if you can write out the take for the day.

Temple wanted cows to be happy. She figured out how they stayed happy. she wrote articles about the cows.

Finally she got the chance to design and build a cattle handling system for dipping cattle (debugging them).

Stupid cowboys torched it and killed some steers using their screwed up rewelding. The detractors here are like stupid cowboys.

Temple designed the killing systems for packers and cutters. She wanted the cattle to be happy as they walked to the end of their lives.

How did Temple's mind get filled with all the pieces of the puzzles she solved?

How did my mind go through the piecesand put them together. Take the trip yourself and find out.

Then build your mind to be able to "read" the market instantly and always "know you know".

Read all the detractors and pity their ignorance and stubborness and stupidity. what are all the wisecracks they write? They are just being more and more stupid year after year.

Can you see a Sym. A FBP a red stitch an OB. A lat in a blue bow on TN?

Why is all of that on TN?

Why does TN do degapping for you?



Why is hahahaha guy so stupid and stubborn and angry? Who cares????

Will you see B2B 2R 2B and R2R 2B 2R or will you be like Covel?????



Its like poetry. It might be brilliant. It might be nonsense. It is best read by turning off part of the brain and letting the words melt together and wash over you.


Posted by Polix on 10-27-11 03:25 AM:


Quote from Vienna:

Some time ago, I made Illustrations of Clean Page 1, to clarify it to myself.
Please note there is no open and close on the bars, so it's just a crude schematic....

hth!

Vienna



Thx Vienna.


Posted by gamblerKi on 10-27-11 03:44 AM:

Some useful documents


Posted by gamblerKi on 10-27-11 03:51 AM:

another one


Posted by gamblerKi on 10-27-11 04:01 AM:

Volume Pace


Posted by Polix on 10-27-11 04:07 AM:


Quote from gamblerKi:

another one



What does A/D mean in Tomorrow’s Paper?


Posted by bwolinsky on 10-27-11 06:48 AM:


Quote from PointOne:

See Spydertrader's Iterative Refinement thread starting with Jack's post here:



I found it with Google. Those guys.



Yes mostly another person who has no idea what the results of any of the research in that thread are, but anymore as long as you're not trying to go long every 1 minute bar something in the 5 to 25 minute length of time for trades only needs a robot to submit the trailing stops, stops and targets. There aren't any of these in "Jack Hershey's System" which is available in its entirety by searching for threads related to the user Scottd, who created an unprofitable easylanguage version but since so few people really use Fidety to day trade with anyway to the fact since so few people really use Fidelity, at least if you look at number of reviews here, show that not enough has been done to release Jack's real program, which I have but seeing as how it's somewhere on ET, pointing you to the multialias Scottd will get you the Wealth Lab Pro Code you are seeking to find so that you can draw educated conclusions about its profitability, which isn't minimal or can be attributed to random chance acorrs so many thousands of 5 minute bars of .SPX which is not the data they use for S&P e-mini futures, so once you realize that it's pretty obnvious that unless you're gung ho or have some spare time on your hands to work in your wealth lab fidelity account, the chances that you are going to take a chance on such insignficant code as what Heshey's system all boils down which is nothing more than a 5 minute short term momentum play that only happens if we have traded more than 20000 contracts in the bar.

Do not expect that program to work on anything but .SPX data which seems to be a special proprietary trading symbol fidelity has for the index futures contract.

Waiting for the 14,1,3 MACD to cross above or below 50 when the SPX contract trades more than 20,0000 contracts and using that also as a less active exit signal and if memory serves me right the next exit is based on a Stochastic exit but I forgot the parameters.

Anyway, this is all that you need to know about JAck Hershey's method, and I would pay no attention at all to any of the claims made by Hershey Followers because none of them ever care to try to produce any proof and proof for me would be presenting performance simulations that add up correctly but since no one is able to do this the myth will stop after you read all of the programs I've made from Jack Hershey's method.

PS: Price Physics is a way more complete, scalable method than a piddly little system that can barely trade .SPX contracts profitably.

__________________
HOW MUCH IS ENOUGH?

Bud Fox

Wall Street


Posted by gamblerKi on 10-27-11 08:42 AM:


Quote from Polix:

What does A/D mean in Tomorrow’s Paper?



Hi Polix,

I am a SCT learner. From my best understanding, A means "Accumulation" and D means "Distribution".

HTH.

Regards,

Ki


Posted by Polix on 10-27-11 10:08 AM:


Quote from gamblerKi:

Hi Polix,

I am a SCT learner. From my best understanding, A means "Accumulation" and D means "Distribution".

HTH.

Regards,

Ki



aight


Posted by v34rm on 10-28-11 01:49 PM:

That's why Hershey is dead last on Trading Contest....Hahahaha


Posted by TIKITRADER on 12-31-11 01:53 PM:

Nice thread. Thanks for starting it Wilddog.


All times are GMT. The time now is 07:19 AM.

Copyright © 2012 Elite Trader.