TA- Advanced GET Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : TA- Advanced GET

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gary Burton who wrote (942)	3/27/1998 7:10:00 PM
From: Bruce A. Bowman	Read Replies (1) of 1551

Hi Gary- It's been my impression that PTI is sensitive to the rate of change and something that doesn't match the way PTI is "tuned" is going to get an inaccurate evaluation. That may fit with what you're saying. The many Type 1 trades I took a couple years ago were heavily weighted toward breakeven. I lost $$$ not too often, but the winning trades were often just barely that. What I often saw was an ABC sequence instead of the high-probablility W5 (PTI > 35), so I had to be quick to get out. In hindsight it was during a time the market was putting on the brakes and went into a range, so maybe that's an element missing here. I don't recall that I saw big W5 moves very often when PTI had been low, but I didn't make any effort to keep track of that either. As far as MANU is concerned, I still can't look at a chart because I don't have data loaded. Hopefully next week I'll have this setup distraction out of the way. Bruce

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next