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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Esteban who wrote (9933)1/2/1998 1:50:00 PM
From: Dave H  Read Replies (1) of 79477
 
Thanks for the tremendous work you and Ivan have been doing with the PGDCEB system -- I did my first PGDCEB with SGI the other day but got out way too early at 12 3/16 since I was in cautious mode.

Anyway, I wonder about how Doug's original system holds up compared to the refinements; isn't his original system simply using the trendline from low of the signal day and the low the day after; and any intraday violation is a sell signal after that? The other stop-loss is one tick below the low on the signal day.

Are you guys looking to find a way to not get out too early?

tia,
dave
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