The Stochastic Indicator

Discussion in 'Technical Analysis' started by jack hershey, Feb 17, 2003.

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  1. bubba7

    bubba7


    The last three expressionsare right on and they will prove vey helpful to everyone. This is how the IT longer term formations pan out on the faster fractals.

    thanks Colin
     
    #1151     Jul 19, 2003
  2. dunkin

    dunkin

    Is there a compilation of Mr. Hershey's terms and strategies somewhere on these nearly 200 pages that could bring me up to speed. I have looked as someone indicated, but have not found it.

    any help would be appreciated

    the terminology leaves me in the dust.

    TIA

    :confused: :)
     
    #1152     Jul 20, 2003
  3. nkhoi

    nkhoi

    do it yourself, it could be fun:p
     
    #1153     Jul 20, 2003
  4. dunkin

    dunkin


    now, now! nkhoi!

    I have been a lurker here for some time... and I know you are a nice guy as well as a good trader. :) So give it up!

    I already have too much fun, 30 trading years of fun. I just don't have the time over the next 6 months to go through 200 pages. I just hoped that some kind and pleasant person like you would understand the plight of someone who is still an eager learner, and more importantly, OLD ENOUGH TO BE YOUR FATHER!

    I'm sure you understand me now! DON'T YOU!



    :)
     
    #1154     Jul 20, 2003
  5. nkhoi

    nkhoi

    ok, uncle. there were indeed a couple of people trying to do just that but the summary just beg for more questions and soon it will lead back to the original message word for word

    edit: just look back 1 page and you see baggerlord summary jack post like this "Translation: Compound interest is good." now that is some translation you don't need.
     
    #1155     Jul 20, 2003
  6. Hey dunkin

    No joke, start from page one. To expidite the process, focus on jack, dawg, vorzo and tampa early on.

    Later, look at icarus, nwbprop, and nkhoi.

    Then, go back and fill in what you missed by reading everybody else's posts.

    Jack calls it, the "iterative" learning process.

    Regards,
    Oddi
     
    #1156     Jul 20, 2003
  7. I went back to this post to see if I could "see" more clearly.

    You mentioned the Stoc readings(14,1,3)

    When DU begins, can we slolom based on vol spikes and Stoc readings in the 1 min chart?

    I think this is what I am seeing now. When the trend goes lateral on the 5 min. We start drawing channels and taking signals on the 1 min chart.

    I don't know WHY this slolom thing is not more clear, but it is not Labor Day yet, so plug away I will do.
     
    #1157     Jul 20, 2003
  8. Jack,

    Thank you very much for providing a much needed lesson. It feels much better to be shaken out of the pattern I've been running for so long. I think progress will accelerate now.
     
    #1158     Jul 20, 2003
  9. Dunkin,

    The truth is if YOU dont put in the WORK, you will never figure it out.

    If you want to know what is going on, I would suggest on focusing on the first level(beginner). Jack stresses plateaus. Once you get the ball rolling on the beginner level, things will start clicking with an increased conciousssness of what is going on in sequences. Once you reach that increased level of conciousness, intermedieate will start to make sense. etc...

    Too give you an idea, I have a dual degree at an Ivy League school and it has taken my dumb ass at LEAST 5 times to read each of Jack's posts to really understand what he is saying. Of course, english was not my major, so maybe thats y i have to re-read so many times.......but i think it has more to do with the substansive content of each post rather than my comprehension skills. Good Luck.

    * THE WORK DONE IS WELL WORTH IT.
     
    #1159     Jul 20, 2003
  10. Jack,

    After rereading this post multiple times, i was wondering if you could please go more in depth with the statment above. Should we be focusing on the ratio of the duration of *time*? Meaning time is the variable to focus on first and that the ratio of time of long to short is affeceted by the slope of the IT?
     
    #1160     Jul 20, 2003
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