Spydertrader's Jack Hershey Futures Trading Journal

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

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  1. ES Chart 03-20-2007

    - Spydertrader
     
    #2421     Mar 20, 2007
  2. YM Chart 03-20-2007

    - Spydertrader
     
    #2422     Mar 20, 2007
  3. dkm

    dkm

    ES 20 Mar 07
     
    #2423     Mar 20, 2007
  4. All Times Eastern ....

    - Spydertrader

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1404682>
     
    #2424     Mar 20, 2007
  5. Spyder

    A personal question and I understand if you dont want to answer but I am curious if you are making more money from futures now or are stocks still your mainstay?
     
    #2425     Mar 20, 2007
  6. Spyder,

    Here is my ES for today. I messed up on the gaussians in the morning, but I salvaged the rest of the day.

    I have a question about the beginning of the day. Under a strict points 1,2,3 scenario, by bar 4 the 3-point channel was established. This however seemed to be too soon to have a forest level channel and I thought the channel width was too narrow. So I waited until a more “robust” forest channel was established. This did happen on bar 8 and at that point I went long. Did I just get lucky or is this valid reasoning here. Should “forest” level channels be of a certain width to be classified as a forest channel? Thanks.
     
    #2426     Mar 20, 2007
  7. Hands down, futs. If it were not for the Equities Journal, I'd no longer trade Equities at all. With Futures, a trader has: No After Hours Homework. Better Tax treatment. No Overnight holdings. Besides, One can scale up a heck of a lot more in the ES, than one can going long GROW. :D

    - Spydertrader
     
    #2427     Mar 20, 2007
  8. 5 min ES

    I'm getting the gaussians much better.
    The way price slips out of a channel (ie up channel as today) only slightly and then continues in direction of previous up channel can get difficult, but the gaussain ends up sorting this out.

    Alos, I'm using 15 min chart which is helping to better see the larger context.

    FilterTip
     
    #2428     Mar 20, 2007
  9. 15 min ES.

    FilterTip
     
    #2429     Mar 20, 2007
  10. Not at all. All you did was wait for the 'Trees' to create your 'Forest' In which you chose to trade. Absolutely nothing wrong with 'waiting' on the day to set up as you would like. When I can't seem to 'see' things in the early going, I sit and wait until I can figure out the context. Once known, then I take action.

    - Spydertrader
     
    #2430     Mar 20, 2007
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