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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: GROUND ZERO™ who wrote (9904)12/9/1998 7:57:00 PM
From: F Robert Simms  Read Replies (1) of 44573
 
I'm only explaining myself because I never really articulated how the entry or exit is done, nor have I really thought about it much, I just do it. I guess there is some discretion now that I actually think about it.

I entered the long position before the numbers turned positive because we touched a lower tine of the fork in October. I entered the second position when the numbers turned positive.

Recently, it did touch the upper tine, but the a/d was too positive to take a sell that day. We'll see what happens tomorrow. It really is easier to do than to verbalize. It's like trying to explain to someone how I walk, it ain't easy, walking is the easy part, explaining how to do it is something else.

One guy who trades with Andrews suggested to just draw pitchforks on the chart and erasing the one's that don't seem to be meaningful. He said that over time he developed some skill to see which one's will be meaningful.

Best Wishes,

Bob
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