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Strategies & Market Trends : Technical Analysis - Beginners

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To: Teresa Lo who wrote (11224)	2/2/2001 3:59:11 PM
From: Chip McVickar	Read Replies (1) of 12039

Teresa, >>the amount of directional move<< >>I will be measuring directional movement upon the reversal of a , starting at the pivot point on the chart. << >>so that's why I am interested in the amount of directional move, rather than just the absolute move. << Yes, your "Zero" point is exactly right...it is the puzzle..! Is there a way to measure the strength or "the amount of directional move?" Pitchforks present the same type of propulsive moves as your swing charts. Maybe not in the same place...<smile> but in a similar manner. They also fail in a similar manner. The great puzzle has been to find something that could gauge that move, whatever you come up with would be very useful and a lot of FUN...! Good Luck and Please let me know how it works out. My Best, Chip

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