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-   -   Questions to Jack Hershey (http://www.elitetrader.com/vb/showthread.php?t=229669)

BenzMercedesSL Oct 27th, 2011 11:22 PM

Questions to Jack Hershey
 
I am not an older detractor of Jack Hershey.

I recently found out one of my problem: I followed Jack's definitions strictly. This is one of the reasons why I can't put the pieces together!


Background information is here:

http://www.elitetrader.com/vb/showth...0&pagenumber=3

In case Snake deletes the above thread, I repost my messages here.

BenzMercedesSL Oct 27th, 2011 11:23 PM

Quote:

10-27-11 08:54 PM

Quote from jack hershey:

The trading fractaland its slower fractal.

begin to use the regular names for the nested fractals; your object is to build your mind.

By thinking in terms of middle you muddle.

By definition (always emphasized by Jack Hershey and his proteges):
"In the same fractal, the point 2 of a parallelogram must be outside the prior parallelogram's RTL"

I followed this definition strictly during annotation. I recently knew this was not apply to tape. Hahahaha, that is one of the reasons why I can't put the pieces together!

Well, it's my problem. I don't have enough "critical thinking".

Good! Lesson learnt. I need to think differently.

Jack sometimes writes something wrong deliberately.

I am now skeptical to what he said. (This is not an offensive comment)

Definition can have exception!

Why can't gaussian overlap??? Nobody said "gaussian cannot be overlapped"!!!

I always see incomplete sequence.

x2x(increasing) 2y 2x (expect increasing but sometimes decreasing!!!) and then start another new sequence (x2x...)

This situation can only be explained with the concept of "gaussian overlap".

BenzMercedesSL Oct 27th, 2011 11:28 PM

My argument:

Quote:

10-26-11 10:25 PM
In order to complete b2b2r2b and r2r2b2r (tape level), the Gaussian can be overlapped in some cases.
Quote:

10-27-11 02:57 AM
Trend overlaps, why can't Gaussian overlap???

Difficult to see the tape sequence (b2b2r2b/r2r2b2r) in a ES 5 min chart. The tape sequence in YM 2 min chart is a bit clearer.

Quote:

We need to have one dom tape and one non-dom tape to draw a traverse. By gaussian definition, tape completes with either r2r2b2r or b2b2r2b. This ES 5 min chart snippet shows the incomplete sequence of tapes.

If the gaussian of 2 parallelograms(which are tapes in this case) can overlap, both the sequence (of the tapes) can complete.
My clarification:

r2r2b2r or b2b2r2b : tape (or FF)'s gaussian
R2R2B2R or B2B2R2B : traverse (or TF)'s gaussian

BenzMercedesSL Oct 27th, 2011 11:29 PM

1 Attachment(s)
The ES 5 min chart snippet

http://www.elitetrader.com/vb/attach...postid=3341445

BenzMercedesSL Oct 27th, 2011 11:30 PM

1 Attachment(s)
The corresponding YM 2 min chart

http://www.elitetrader.com/vb/attach...postid=3341448

BenzMercedesSL Oct 27th, 2011 11:32 PM

I use nkhoi's scripts.

For nkhoi's pv_prvol_v04:
http://www.elitetrader.com/vb/showt...&pagenumber=207


Download the latest NT scripts here:
http://www.elitetrader.com/vb/showt...&pagenumber=222


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