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The Electronic Local method

  #87 (permalink)

Elite Member
Portugal
 
Futures Experience: Beginner
Platform: Ninjatrader, Multicharts
Broker/Data: Amp Futures/Zen-Fire
Favorite Futures: ES, 6E
 
Braulio's Avatar
 
Posts: 230 since Aug 2009
Thanks: 404 given, 216 received

But nowhere in EL's blog will you find any reference to the Jack Hershey method.

So I assume that:
1. It's something Cory knows/teaches along with El's method
2. I don't think that's what Cory's referring to but maybe he can answer that for both of us.
3. This is not Elite Trader. So if that's what Cory's referring to he should have said so, it would have helped a lot more.

Have you traded EL or the Jack Hershey method?


GoldStandard View Post
Braulio, I believe Cory is referring to the Jack Hershey method which can be found on several long threads on EliteTrader. Its a rather complex method which is hard to explain and many of the posters trying to explain it do so in a rather cryptic and difficult-to-understand manner, especially the originator Jack Hershey. Some people seem to find great value in the method, but most traders that study the ET threads come away more confused than before.

From what I was able to gather the method includes a way to predict when moves were ending based on fractal volume patterns.


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