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Strategies & Market Trends : DAYTRADING Fundamentals
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To: booters who wrote (15340)2/27/2002 7:38:10 PM
From: Smooth Drive  Read Replies (1) of 18137
 
Hello Boots,

As for what I use I can say this. It is a very simple relationship between the current price and the current pattern or "cluster" as I call them, formed by the recent bars. It is a very simple algorithm evaluating how the current price reacts to or breaks the highs or lows of the recent "Cluster" and the previous closes and how important that cluster is. What I trade is the movement between the clusters that I determine are important. There is no math involved.

That's interesting.

If you could point out a daily chart or two and describe it a little bit .... (hell I'll never know if I don't ask<g>)

Thanks,

Eric
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