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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Patrick Slevin who wrote (24808)6/6/1999 8:09:00 PM
From: Brian Hornby  Read Replies (1) of 44573
 
Well unless they make a day-trading version I cannot see it doing much for you. In fact what you do is working so I wouldn't mess with that even if there was a day-trading version. If you trust the positional direction it gives perhaps it can help guide which direction to concentrate on during the day, but I think your pattern analysis takes care of that anyway. It does satisfy my desire for a flexible mechanical positional system though.

I do plan to start to use it with other signals; my worst entry point lately was near the top of a trend close to resistance. If, for example, I got a long signal when the SP was at support per fork or trend analysis or whatever method, then it would be a stronger signal. Lately I have been looking at P&F as well, it looks really interesting and Tom Dorsey's site is quite instructive.
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