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Strategies & Market Trends : Set the Controls For The Heart of the SUN
IQ 1.925+0.8%Dec 23 3:59 PM EST

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To: Mark who wrote (508)7/6/1997 10:35:00 AM
From: Doug R   of 1156
 
ST, You got deal!

First, the intersection may happen any day starting at day 8 of the initial 9 bar "setup" stage, and may occur beyond day 9.
The 13 day "countdown" can only begin after the intersection, so cannot begin prior to setup day 9. The 9 days for the setup is actually only a minimum.

The countdown would have to restart if another setup occurs in the same direction as and outside the range of the first setup.

Another cancellation would be a setup during the countdown that is in the opposite direction of the first setup.

Profit potential is greatly reduced if during the countdown, the price moves higher than the highest bar in a buy setup or lower than the lowest price in a sell setup. This would effectively cancel the sequential.

Keep in mind that the setup involves consecutive bars while the countdown has no requirement to be consecutive bars.

Thank you for giving this a shot. Good luck.

Doug R

PS Have you taken a look at my new thread?

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