Spydertrader's Jack Hershey Futures Trading Journal

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

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  1. Honstly, I don't think anyone needs to read the threads for Gaussians (unless if they want to). I think Pr0crast's video does a great job explaining it. It's also visual and a picture is worth a thousand words for new people.
     
    #4151     Jun 7, 2007
  2. Pr0crast

    Pr0crast Guest

    When should one actually make the switch? The june contract so far has 2x the volume this morning as the new one.
     
    #4152     Jun 7, 2007
  3. The debate over the best day to Rollover a contract has no clear winner. A number of factors (Volume, trade duration, individual contract traded, etc.) normally influence the answer. Each Quarter, a trader has 8 days to make that decision (From Rollover to Expiry). However, I have already switched (and do so each quarter before the open on Rollover Day.

    - Spydertrader
     
    #4153     Jun 7, 2007
  4. Does anyone use Spyder's method on the Euro FX?
     
    #4154     Jun 7, 2007
  5. One area where I seem to lack some skill is seeing what's going on at RTL's. This am's 10:35 bar is a case in point. Actually, it's not so much seeing, but rather knowing what and when to do it.

    The setup usually goes something like this: I get an FTT (like 10:20) and price retraces to the RTL. At the RTL sometimes price just rejects the line instantly, like it did on the 10:35 bar. However, very often, price will pause, sometimes moving laterally for one or even more bars.

    I'm not confident about knowing how to reverse back to the previous trend on FBO's. At this point in time, it is about the last place I tend to get "whip sawed".

    In this morning's example, I think I glimpsed a DOM wall which was very fleeting, as price moved off so swiftly, so perhaps the DOM (with appropriate experience) will provide the solution.
     
    #4155     Jun 7, 2007
  6. Spidertrader,

    When you talked about harmonics, you mentioned the double top. On the YM today, would you consider that one of the examples at 11:36am?

    Thanks.
     
    #4156     Jun 7, 2007
  7. DojiBB

    DojiBB

    #4157     Jun 7, 2007
  8. Square Wave Odd Harmonics requires two connecting bars to have equal highs or equal lows. According to my charts, I did not have such an environment at 11:36 AM.

    - Spydertrader

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1493867>
     
    #4158     Jun 7, 2007
  9. If you don't yet feel comfortable on the RTL, then simply sideline until you have a clearer picture of the market.

    When ES approaches either trend line, move to the YM for monitoring. If the YM finds itself on either of its trend lines, head to STR / SQU. If STR / SQU sits between -2 and +2 (Neutral), move to the DOM. When you see no information on the DOM, move to the ......... (edited before the post jumps ahead of the syllabus).

    If you see no signals for change on any tool, then a lack of change implies continuation.

    - Spydertrader
     
    #4159     Jun 7, 2007
  10. Here, this is what I got at 11:36am on YM on esignal. Maybe esignal is different from your chart.
     
    #4160     Jun 7, 2007
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