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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: milesofstyles who wrote (30905)7/11/1999 2:51:00 AM
From: Doug R  Read Replies (1) | Respond to of 79236
 
Well said Milesof,

Managing the trade is the key. When you properly enter a position with a known time-frame in mind, it's important to match the appropriate trend line with that particular time-frame. Overall technical strength at entry should be kept in mind so you don't get shaken out if a dip that doesn't damage the technical profile for your time frame appears to damage shorter (as in VERY short) period indicators.
Trend lines on the short period indicators are less important at the bottoms as uptrends than they are as resistance breakout lines for downtrends. Coupled with volume and very short term increased ROC, downtrend breakouts on the short stuff get things moving best when certain bullish thresholds are maintained.

Like you didn't know all this already ;-),
Doug R



To: milesofstyles who wrote (30905)7/11/1999 8:37:00 AM
From: Magnatizer  Read Replies (1) | Respond to of 79236
 
miles

man, thats a lot of typing for a one fingered pecker....

well said

ht
david



To: milesofstyles who wrote (30905)7/11/1999 5:48:00 PM
From: bdog  Read Replies (3) | Respond to of 79236
 
milesemotinalov, very nice post. "can't keep kikkin myself for what i miss or leave on the table"

ya. trouble is I see better stuff out of the side of my eye and am tempted to dump my plate and go for greener pastures. Don't know if that is always the best to do. It worked for LPAC, as I dumped a couple dead weights, but what if (there's that dreaded hindsight thing again) I had bought another deadbeat? Or worse, the dead weights take off? So manage is the key with a good trading discipline. Not to mention cutting one's losses... or did I mention that?...ahhhh before they get out of hand...>g<

ROFKMS too often...>g<
bantikickdog

PS still tryin to reduce the Hybrid hits with better win ratio... no luck yet after 4 hours of backtests... sigh...think I'll take a nap...



To: milesofstyles who wrote (30905)7/12/1999 2:10:00 AM
From: bdog  Read Replies (1) | Respond to of 79236
 
milescanov, all that tweaking and nothing to show, all dead ends. Tightening the screws does filter out some good ones so back to the old Hybrid again till I get another wild hair...

tried float turnover, short int and the usual mo mo's ...

tired too,
bsquare1dog



To: milesofstyles who wrote (30905)7/12/1999 9:24:00 AM
From: wittder  Respond to of 79236
 
Milesov, that was better then any scan you could give me.

Elders book is very good, I can't put down, I think I need a "AA" meeting!<gg>

wittder