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

To: ynot who wrote (39823)	11/3/1999 10:12:00 AM
From: Chip McVickar	Read Replies (1) \| Respond to of 44573

Ynot, I started using the Wallstreet Journal and IBDaily printed daily charts........sheesch that was ages ago! Then bought a printer and found IQC to be the best available for printing SPX. There are many others, but I have not looked at them. If you find a better free charting site to print from...especially commodities and futures let me know. >>transferring the monthly/weekly forks over to daily/60 min/15min/5min charts<< Look at each chart separately ....progress from day to 5min >>i do look at candlesticks for support/resistance<< Draw pitchforks from bar charts then apply your own methods of momentum to the tine actions. Remember fork tines are not support and resistance in a pure sense but magnets that repel and attract market price and project forward into time. When you are comfortable drawing them on paper ask GZ to describe some of the subtitles of their activity. Recently I have been using the Windows on Wallstreet software package that can be picked up for about $150.00 and subscribe so far only to the free offerings. This software has excellent forking characteristics. But I also understand there are others like metastock. My suggestion spend 6 months drawing them on paper and look back into historical price action and play with them...one fork sets up another and a progression evolves. Your off to a good start, Chip