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Strategies & Market Trends : The Final Frontier - Online Remote Trading
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To: Don Green who wrote (2232)1/8/1998 10:59:00 AM
From: Richard Estes  Read Replies (1) of 12617
 
Well Don, I watch the tape daily, yet I don't see that it is a reproduceble means of trading. The touch/feelly type of trading from the belief that you can see something by watching tick by tick, is truly a trick. The secret to that trick shouldn't be learned with hard earned money. If the tape reader could actually describe what he sees and how decisions are made, he woild do a service to others.

For a 5min chart, I suggest people look at a 89 EMA or a MACD(13,34,89) But can't guarantee you will be told to close out at the end of the day.
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