Once you arrive at learning about Gaussian Volume Formations, you'll understand how increasing black Volume refers to 'across the trend channel' and not simply "bar to bar." Journal One's 'Beginner Methods' provide a pathway, for those first starting to learn the methodology, to "get eyes on a chart" as they learn the real fundamentals behind why the system works. As a result, the answer someone gives you depends exclusively on where they sit in the learning process. A beginner might suggest a strict following of the rules, whereas an intermediate trader, might explain how one simply wants to see increasing black volume. An advanced trader might say, "as long as Price sits above the right trend line, I hold until I see red to red." A number of additional combinations exist as well for determining an exit signal. With respect to Volume, if Volume continues to improve (as a beginner) along with Price, I wouldn't fret. Your goal now, should focus more on learning, rather than, banking profits. - Spydertrader
I 'm following your suggestion. I really need to catch up with the advanced levels. Thank you Spyder.
Click Here and follow instructions for a Video of a Gaussians Discussion - presented by Pr0Crast. - Spydertrader
Hi everyone, I am new to the Jack Hershey methods. I am just trying to get into it and I need a bit of help with something. I don´t quite understand how to split up the stocks into 7´s, 0´s and 1´s. Can somebody please give me a quick help? Sorry for my english. I am not a native speaker... Regards Jens
Hi Spydertrader, thanks for your answer. Another question: where do I see the rank of stock after executing the wealth lab chart script? Is the script Hershey Equity Rank v 1.1.0 still usefull or is there a newer one allready. I really appreciate your help. Regards, Morcar
All ranked stocks have the rank located in the Top Left Corner of the Price pane. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1480620> Updates to the Chartscript come along at a regular basis throughout the Journals. Please learn about these updates in the normal progression of the Journal. Switch to the newer updates as they become available (and linked) throughout your reading - and not until you reach that point. - Spydertrader
Thanks for the video link SpyderT, downloading right now. I'm having a blast reading Jack's "old" material, I lost the count of how many "aha" moments I had . Click..click everything is slowly and steadily coming together. It's truly an experience.