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

To: Magnatizer who wrote (39820)	11/3/1999 5:57:00 AM
From: Matthew L. Jones	Read Replies (1) \| Respond to of 44573

Thanks David. Yes, as you said, my system generally gives me a signal before the price breaks in a major way. In fact, I really don't understand the finer points of the "old" style T/A (straight line trends, wedges, flags, pennants, cups and handles, etc.). I pretty much rely on the newer style T/A which is computer driven (M/A, Bollinger bands, Stochastics, RSI, MACD, etc.). My "system" is real simple. Price break outs over a moving average coupled with exit points at known support and resistance points. Typically I am able to get in and out during quiet markets as opposed to fast moving ones. Thanks for your comments. I will keep you posted. Matt