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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: RWS who wrote (39563)	10/28/1999 10:02:00 PM
From: Chip McVickar	Respond to of 44573

RWS, That is an interesting fork...IMO, it's to far back and the market has moved only generally along the median line. So use it as a general trend fork....not for trading as it seems weak....but watch it. Now.....your spread is good, so try dropping the median line to the closest forward shoulder of 5/20. This more closely marks a general sideways trending fork ....I've been using this one. The fork that I have been trading is: 8/10-L sprd: 8/25-H~~10/18-L And a smaller one 9/28-L sprd: 10/11-H~~10/18-L My Best, Chip edit...daily charts