Point and Figure Charting Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Point and Figure Charting

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Atin who wrote (25632)	2/1/2002 7:48:17 AM
From: MechanicalMethod	of 34810

Atin, While this isn't related to p&f as much as it is to bar charts and the general theory of price projection I'll add these thoughts along with the disclaimer that I'm working on predicting just 1 bar ahead at the moment. Regarding trading ranges screwing up predictions, I see that as a situation where price simply goes flat and reverses dir hence the projection needs to reverse dir and follow current price dir. This is intended more to solidify my own thoughts about it than to interfere or suggest how things are done in p&f land. You're the expert and I know little about p&f projections but am aware it's possible to project beyond 1 bar out and I'm going to be looking at whether that's feasible with the methods I'm using on bar charts someday when I've time to get back the project full time. As an aside to this subject, I've enjoyed the recent theoretical discussion about alternate scaling methods, and although I don't understand most of the implications I recognize top shelp material when I see it and have filed it away for future reference. Also fwiw, I think in the near future I'll be looking closer into Wyckoff's unusual style p&f methods and at that time I hope to engage in some thought provoking discussion, i.e. this thead is a great place to find experts in this field. Your opinions are always insightful and much appreciated. Best regards, MM

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next