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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: TraderAlan who wrote (9060)	6/20/2000 4:25:00 PM
From: OZ	Read Replies (1) \| Respond to of 18137

how alignment through different time frames creates trading opportunities. Alan, This is the kind of thing that my mind is into these days. I have only made two trades this month and they have been in the last 5 days. I have already made a 100% return. Specifically I am referring to entering trades when ALL, or at least all up to and including the intermediate time frames, are in SYNCH.. It is important for a trader to know when he is in such a trade. My trades were (and still are) PCOP which I entered on the low print at the morning bell today and IMNX which i still hold (IRA acct. for IMNX). These have made critical 123 trend breaks and when I entered the trades I was buying the bottoms of the 5, 10, 15, 60 and daily and on IMNX even the weekly time frame. Each time frame acts as a smaller domino just strong enough to knock out the next time frame and so on. It is a form of total convergence in all dimensions of the trade. I have been home studying to much to allow myself to trade, but I could NOT sit still and let these pass me by. NO WAY. What i wanted to say originally in this post is that I really hope that your publisher (MH) does not edit these concepts out of the book because they are hard to digest. This is critical for someone who wants to be a true and highly successful position trader. OZ