BEFRIEND THE TREND Short-term Options Trading Thread Message Board

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Strategies & Market Trends : BEFRIEND THE TREND Short-term Options Trading Thread

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Oct 31 4:00 PM EDT

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To: Ken Adams who wrote (4006)	10/25/2003 10:31:29 AM
From: TraderWithNoName	Read Replies (2) of 4058

Do you calculate or do you borrow from Ammo? What are they, exactly? Well...if you read my LCMJ carefully you will find,above the comments, the phrase "Objective Lines courtesy of Ammo Trading". This means I borrow them. They are not calculated-they are fixed levels that remain the same between 0 and (infinity-1). If you have the levels between 900 and 1000, they are the same between 300-400 and 1700-1800. They are objective lines based on observation over a number of years. They are levels "to" and "between" which prices move or seek out. They are not like pivots. They also have some momentum levels that are proprietary..can't help you on that. I have been going to a class this guy holds twice a month on his trading system. He has a more complex trading approach using these numbers. I just use them as support and resistance...which is probably wrong. Go to their web page for more info-the links are on my web page,at the top. I have tried to be as polite as possible-considering to whom I am talking. Next time-pay closer attention! PS: Are you the person who gave TC (Dr. Stoxx) my password? I can't believe he really figured it out on his own.

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