Jack Hershey Method Since 2008

Discussion in 'Chit Chat' started by bwolinsky, Apr 28, 2012.

  1. river

    river

    Yes, there is. I appreciate the thoughtful response.

    I'll begin again starting with the briefest trades.

    -river
     
    #201     Jun 26, 2012
  2. RedDuke

    RedDuke

    Jack

    I did not set up the Paltalk room yet. I suggested it and was waiting for your confirmation. Since I think it is a good idea to have as many observers as possible, the days when you would do it, should be announced in the advance. That is why I proposed any dates in July or August that will work for you.

    Once the room is set up, you can take a mic any time and talk by holding down Crtl key. I would have walked you through any glitches if you would have any.

    In any case, this is not as important as your health. Get well!

    Regards,
    redduke
     
    #202     Jun 26, 2012
  3. river:

    Tomorrow open is short. It is exactly like the carryover from the 25th to the 26th. No T1.

    I explained that to FF and he didn't "get it". He gets to see it all over tomorrow.


    On bar 76 we went short. (yesterday it was bar 75)

    77 P1

    78 P2 (no T1)

    79 P1

    80 wait (internal FTP with UL on 79)

    81 T2P P is there to show both sides of the pt3 to FTT sub fractal boundaries. T2P established that the third move is beginning.

    People who trade (I trade nearly all the accounts a retail trader can as an amateur) I need to be in the market and making $ from the getgo of the open) I want to see the trend bars complete and I want to "detect" the End Effect volume bar as that bar is underway. I use the EE bar for carving the turn. When I use a market order (the only kind I use (stops are not a possibility when a person is past chicken feed trading)) the trade is at the top of FIFO and I get fills.

    When volume gets through a trend and the EE is there, I need to turn to the 10 to 12 leading indicators of price that I use.

    Today we discussed bar 8 the "thin line trade". Bar 7 set, unequivicably (sp), a thinest of lines since it had two points on the price bar (this means volume MUST follow suit because of the P, V fundamental relationship).

    Remember bar 5 was a trade; bar 6 was a wait. So bar seven began the trend and it had two points in geometry.

    On Bar 8 you know you have a trade. You MUST carve the turn. We are long, look at the bar form. Where was the DOM WALL?

    So you do the turn within two ticks of the top of the bar.

    Like you say, the thread took a while for RedDuke to make his decision. Now we have the "giggler" here too (he is bitching all over the place).

    This post sets you up for the day. you have the daily sequence for 6 whole days as well. You have the "Pattern".

    Every bar has a volume value unless it is NOT a UL in an internal; then it is a pleasant wait while the market loads the trend gun for you.

    .
     
    #203     Jun 26, 2012
  4. river

    river

    Thank you for setting up tomorrow’s open. Your posts will take at least several additional close readings to digest.

    At the risk of showing my complete ignorance: What does “UL” stand for? Is it possible to explain what you mean by bar 81: “81 T2P P is there to show both sides of the pt3 to FTT sub fractal boundaries. T2P established that the third move is beginning”?

    I don’t believe I’ve ever come across UL or T2P before in any of your other postings in ET.

    -river
     
    #204     Jun 26, 2012
  5. RedDuke

    RedDuke

    Not sure what you mean. I just proposed a venue to share.
     
    #205     Jun 26, 2012
  6. Maybe it was too complicated.

    Like, you know, installing software, logging in... stuff only nerds know how to do.... :D

    How about 2 Dixie cups and a string? :D
     
    #206     Jun 27, 2012
  7. OH CRAP!!!

    I WENT SHORT RIGHT AT THE OPEN!!! I SOLD THE WIFE, THE KIDS, THE HOUSE, THE FAUX VAN GOGH AND WENT IN FULL MARGIN!!! THIS WAS MY PATH TO EASY STREET!!

    IT WAS SUPPOSED TO BE A WIN!!! A Win!!!!! a win.......... :(






    Nah - not really. :D

    Fortunately, Pinky went long right before the Open and saw what I was doing and said "WTF is the matter with you - you stupid?" :D
     
    #207     Jun 27, 2012
  8. RedDuke

    RedDuke

    Hi Jack,

    If you still reading this. You wrote above yesterday. Please see the attached chart where s decent up move took place from the open.

    This is the first time I saw you making a call ahead of time.

    Can you please explain.

    Regards,
    redduke
     
    #208     Jun 27, 2012
  9. Dookie, Jackie and I go way back, to before our currant insignificant others. My dear friend is about to get his lower extremities cut off, starting with the toes. He fervently hopes they don't go above the knees. Do you think my dearest friend Jack gives a flying fucking shit about what you want to know?

    Jackie, I know you are reading this. I will jump on the next fucking airplane with a case of Sonoma Valley's finest if you need me. No shit. You didn't answer my post about what medicaments you are taking. But I will bring Everclear, Clotrimazole, and aloe vera out of my own gardenia. Don't die on me, Jackie. I love you more than Liz does.
     
    #209     Jun 27, 2012
  10. RedDuke

    RedDuke

    If this is a joke, it is purely mean and disrespectful.

    Jack I hope you not having anything serious. Wish you best of health.
     
    #210     Jun 27, 2012