We thought you'd never ask! Jack is Jack Hershey, current handle Grob109. He is THE guru here on ET. Got it nailed in swingtrading (see Sypydertrader's journals) and intraday on ES, which is the subject of this flimsy excuse for a thread. If you want to learn how to trade index futures intraday, Jack is the place to start! Out of sheer jealousy and envy, I offer an alternative based solely on superstition and vodoo. It is wholly unsubstantialted and I ask you to take it on faith based on my intermittent and erratic postings of winning trades ("even a blind hog sometimes finds an acorn").
Oh, BTW, fellow perverse NQ traders, surely you have noticed how it likes to move on the half-hour? What are those fucking computer wonks using for timing, an hour-glass? Verrrrry sophisticated, that. "Have I got time for a Bucko's?" "Oh, yeah, sure, it's only a quarter past."
Ah, NoNo, you have known me far too long! But if you subscribe to a charting program (so many here don't), you will observe that MY system knows when BO's will occur while price is still in the consolidation. But you are right, utterly untestable. How DOES one, after all, backtest a lucky coin? I use a one-ounce Weiner Philharmonic, makes a very wealthy sounding ring when you flip it. Sort of...harmonic....hahahaha!
Amazing! This morning's ISM manufacturing index report moved the market not a whit. Not a tittle. Not even a jot. (Or is that tit and jottle, I forget my archaic expressions?)
I love slow periods like this! I fantasize that the pig farmer who just completed his "Teach Me to Trade!" seminar is calling out to his blushing bride of fifty years "Maude! Maude! Brang m'm'glasses, Maude. Ah cain't see a damn thing! Jacked up the scale on ever' gol-darned winder and ain't nuthin' happnin'! You doan reckon the dialup is disconnect, dew ya? Damn party line! Bet alla naybers is a lisnin' in on mah trades agin'!" Those are the people, I imagine, who are sustaining trading at the rate of one car a second. "Mebbe we can mekk it brekk outa these damn dulldrums! Punch "T" lakk ole Jackie sez!" "Maude! Maude! Ah jess seed mahsef onna tape! Hooooey!" Post Scribblum: Oh, and ah seed sumpin' hyar a day so go 'bout tick aggergation. Tekk it fumm me, hit jist hain't good hog hygene!
Jack may very well be THE guru of the millennium (or century AT LEAST). I can easily picture Grobian scholars in the distant future, poring carefull over archives of Jack's posts wondering "what would Jack have done?" or looking at a recent theory or idea and declaring it un-Grobian.
Papers will be written on whether Grobian or Grobean is more respectful. Eventually the term will move into the vernaular, and the capitalization will be dropped, as in kleenex. And the collective oeuvre of the B-Team will be dismissed and suppressed by future Codicils as false-gospels-according-to-Hypostomus. Councils will note that the infamous satanic "666" was on the B-Team. The method eventually will be extended to NQ, and it will have to deal with radical heretical concepts like double tops and round numbers. Then Protestant Grobeianism (with an e, an i and an a for ecumenicalism) will arrive, reducing the FTT catechism to a simple "higher high on lower volume" that the masses can understand without drawing the sacred channels. Eventually the Gospel According to Saint Jack will even be translated into English.