Spydertrader's Jack Hershey Futures Trading Journal

Discussion in 'Journals' started by Spydertrader, Dec 30, 2006.

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  1. Tums

    Tums


    PC:
    can you make a play-by-play narration?
     
    #1871     Mar 5, 2007
  2. That was really helpful. Thanks. =)
     
    #1872     Mar 5, 2007
  3. Pr0crast

    Pr0crast Guest

    Here were the "correct" forest trades as I see them in hindsight (green = buy, red = sell). If anyone sees it differently, I'd like to hear how. In RT, I was there for half of the day and netted 12-15 pts if I recall :) Not too shabby.
     
    #1873     Mar 5, 2007
  4. Nice chart Pr0crast. Looks just like mine (means I must have done mine right!)
     
    #1874     Mar 5, 2007
  5. Pr0crast

    Pr0crast Guest

    Sure.

    My original post:

    The first point I was trying to make with this chart was that gaussians aren't always "perfect" formations. R2B = DOMINANT red, RETRACE black (we are talking about price). For some of these gaussians, this holds true even though you see decreasing height in the red volume bars. If this confuses you, try to note that there are more than twice as many red bars as there are black bars in these R2B gaussians.

    Also, to get that R2R that I have annotated under the GREY channel, you have to "look inside" the bars. I DID NOT go down in fractals to see what happened, I stayed on the daily chart and used logic to deduce. That first red bar after the two black bars under the gray channel you can cut up into two pieces mentally, because intrabar the pace changes from retrace red to dominant red.
     
    #1875     Mar 5, 2007
  6. Amazing work
     
    #1876     Mar 5, 2007
  7. :D wow..................!
    Now, If I can only add volume!
     
    #1877     Mar 5, 2007
  8. NZ,

    I should mention that while I believe I'm getting more comfortable with my channel annotating skills, I'm still very much in the learning stage. My quickness to see a profit and take it may or may not really be the right way to do it (even though it's an exercise). I'm not sure if I should be posting my cryptic log sheets for the class, but I will say that it has helped me a lot to make notes of what I think I'm seeing in RT. I would recommend everyone keep a log sheet if they're not already doing so, not necessarily to share, but for your own record of your day. It helps me a lot.
     
    #1878     Mar 5, 2007
  9. Pr0crast

    Pr0crast Guest

    IMO the best combo is to take a log sheet like that (however detailed or not detailed you care to) and also record the day with camtasia. Then you can compare your notes with real-time action to better analyze the right/wrong processes in your thinking.
     
    #1879     Mar 5, 2007
  10. Today's ES

    - Spydertrader
     
    #1880     Mar 5, 2007
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