Hey Biggie - IIRC the same request was posted in the Question For Grob/Hershey thread, and the answer was "they were never written." I can't seem to find the post atm. -Au
Hi Callmate, Something happened to me a few weeks ago. While I was watching the market, I noticed I was on auto pilot as far as annotating. I had all of the possibilities rolling through my mind continuously, bar by bar, in fact, it's more like bar pair, by bar pair. You can do yourself a big favor by annotating the YM with all you currently know first. 123 ,Gaussians,ftt, bo, fbo and pennants. I think your subconscious already knows what is going on, but it takes awhile to break through what we think we know. I think the time it takes to break through is probably proportional to the magnitude of the AHAAA! Good trading to you, Gooch87
This link is from cnms2 from the other day. cnms2 was very generous to pass forward the ability to see b2b and r2r's on the stoch. It is Jack's stoch setup 5-2-3. If you take a look you will notice that the %k line crosses the 50% line and it clearly shows where the b2b and r2r's are taking place. They are at important points of change and that is just great to see. It is the first post here. http://www.elitetrader.com/vb/showthread.php?s=&threadid=83604&perpage=6&pagenumber=1434 I had mentioned that there is another way to do this. I will post that next to follow up this.
This is the follow up to the last post regarding r2r and b2b's. I had noticed this a while back when studying why Jack chose the numbers he did on MACD 5-13-6, and STOCH 5-2-3. Going over every tape ,tree , and channel with volume to see the relationship. Then a clear pattern was emerging and it was really awesome to see. My question for a while was . . . Did Jack realize exactly what he had done when he chose these numbers or was it an accident that he did not even see. I now know that it was realized and how intelligent this guy is. Take a close look at what is going on with the annotations in this chart. Look very carefully at MACD, volume and price. MACD can actually show the volume gaussians and the b2b's and r2r's. Spyder had seen this a while back when I sent it to him, and I wanted to share it here with all. This is an ES chart I had annotated on QT, back, I think in November. Remember to look for the b2b and r2r relationship between price/volume and the MACD. You wind up stumbling upon things when you go over them enough times and they are great to share. If anyone has come across things over the last year and is related to the method here, it would be great to share, it is a time for giving ! We know for sure Spyder has given beyond anything anyone could ever ask for and he is thanked greatly. I hope you find this very cool, Jack has some really good stuff.
second(2) and third(2) look like shamu pattern. Then again, if you stare at it long enough you see all kind of things.
Yes, I agree, its a shame that ET has some of the most ignorant and vile people that feel it is important to bash someone on a 'virtual' message board. Before we go too far down the indicator path, I believe the whole purpose of the indicators was to get new trader's eyes on charts and to help look for ftts and such. They were used as a way to 'relate' to other traders who were comfortable with them as they had yet to 'see' how the market really works. This is a hunch only as I've never met or spoken with Mr. Hershey, but I think he might not actually 'use' these indicators and can 'see' the market clearly using only a price and volume ES chart, along with the YM and S/S, DOM, T&S. Perhaps he can 'see' by just using the 5min price bar and it's 'flapper'. Remember indicators all lag and that is one reason Spydertrader took them off his charts.
Indicators are part of Jack's coarse and medium Sweeps. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1715360>