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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Patrick Slevin who wrote (42662)12/21/2000 7:34:43 AM
From: Atin  Read Replies (2) of 44573
 
The problem with the preferring reversals over continuations on the P&F charts is that you may not see some extremes in price if the reversal happened and it was far enough to reverse even the previous time period's low (or high depending on which kind of column you were in). So it is better to use small time periods -- like a tick or maybe 1-minute, 5-minute. I'll see how it works today.
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