Thanks for the advice Spyder. I'll try to trade the system with a clear mind. On a related subject, how do you hedge your overall market risk...
Bread and better setup today in DISCA. I think it would be interesting to post more bad dummy trades and then comment on why the setup is wrong...
I am holding my first winning Hershey paper trade: TIE, purchased yesterday at $54.10. I will continue to hold if it doesn't reach Peak volume...
I am not sure I totally understand the scenario you're trying to describe but I guess you're refering to equal sized prints larger than 10,000...
Yes, you'll find this phenomenon many times when you look at the chart at the end of the day.
Ooops, I was using the wrong parameters. STOCK(14,1,3) %K > 80 is the right one. Thanks! The other observations in my previous post are still valid.
I also went long NTRI on STOCH(14,1,3) > 70 and a positive MACD(5,13,6). The STOCH indicator reversed after my entry and by the end of the 15...
FORD had a nice runup today after DU BO in the morning. Eventually it reversed going negative for the day. Sold at $25.39 for an 80c loss after...
OK, but then why the method rules filter for float less than 60,000,000 rather than 30M?
An alternative data source is Reuters:...
I am now halfway through the first journal and read most of JH documents but I still didn't find the point where the average daily volume dropped...
Aha. Interesting. Any particular reason why you're not trading SHO stocks now?
I am continuing to paper trade dummies, so far with mixed results. Over the last two weeks I added a number of criterias to the original setup...
Yes, I have the same results.
Was there any particular criteria to enter VIVO? I don't see it in the dry up list.
I run the DU scan on the final universe this morning after 9:00am EST. This is probably the reason why the scan returned a shorter list. I just...
I started paper trading the JH methodology this morning. NFLX was my fist purchase as soon as it reached lower band DU with an entry price of...
I can't talk for myself because I've been trading for less than year but I'm seeing the senior scalpers in my office drifting over the last 9...
Also I was in MRX but closed the trade at the first reversal to $31.49. I guess in this chart we have it all: range contraction, strong bars,...
Thanks, very interesting comments though the posts focus on winners only. Anyway, I'll start paying more attention to each candle before I enter...
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