No, no, the ape-ology is for me to make. I merely meant to share a bit of Southern gun wisdom with you (look at the stats on the age demographics of concealed carry), no offends indented. Pity you aren't an SCTer. I find it creeping invidiously insidiously into my own codes. First there was "pace" (can't hurt to monitor it). Then came channels (just to see what THEY'RE looking at, I don't believe a word of it). Now automated PV (my wife's cat looked at me funny when I drew on the screen with a grease pencil). And today I was so ashamed of myself when I took a loss!
Since you are such a nice young person I will share with you a chart Jack wishes he had. For years I have been trying to explain to him that the fetal flaw in PV is that volume, like the quark, has color. So if you look only at black volume you will get red results. Attached is a little study our code monkey Doaks whipped up last night while the rest of us were sleeping that we call "Lemmings." Doaks is working on sound effects that say "This way!...No, that way!...No, this way!..."
And while we are giving Jack advice, here's this. Those nice earnest socially-redeemed mentees of yours are probably just faking it to get at what they think you think you know, whatever that might be. The truth is that when you aren't mentoring them they are surfing porn, posting on ET, watching sports videos, bullshitting on IM, looking up the latest Becky Quick photos, whatever. So I recommend to you what we did. We said, "Doaks, your trading shit is taking up too much of the screen. Remember that it's a shared space. Cut out all the cutsie techie crap and just give us the essentials, so we can look at important things, like old lingerie pics of Sofia Vergara." The attached pane is what he gave us. It is a shot of a not-so-hot trade. We got him down to about 15% of the screen space, which left lots of room for our randomly flashing, so to speak, pastiche of those squirrel shots of Britney in Paris's limo.
Sigmund, if you can't "get" something, move on. I'm sure you know how to trade your own method fairly well. No need obsessing over JH method.
But it has so much appeal, like a good mystery novel. Full of false starts, red herrings, ambiguity, plot twists, good lines...and a surprise ending.
Ah, but the need to BELONG is strong. The joys of certitude. Of conformity. Of acceptance. The comforts of stasis. Of doctrine. Of canon. That is why ultimately I had no choice but to form my own trading group.
If market is slow and you want some reading look at old stuff from Tums like this thread . One of ET's good contributors and helped many with his threads: Technical Strategy http://www.elitetrader.com/vb/showthread.php?s=&threadid=141661 Also had some threads for indicators like this EasyLanguage Treasure Chest http://www.elitetrader.com/vb/showthread.php?s=&threadid=141661 Software Used to Trade Jack Hershey Methods ( probably know this already but post it anyway ) http://www.elitetrader.com/vb/showthread.php?s=&threadid=97684 I thank the man for all he has contributed.