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

To: Chip McVickar who wrote (44008)	2/28/2001 1:10:48 PM
From: forkit	Read Replies (1) \| Respond to of 44573

Morning, Chip! Thanks for the kind comments in the other post... Actually, Dr. Andrews encouraged exploring new uses and techniques for drawing the lines. Remember, when he was developing the use of these techniques, trading was 'end of day' and all his charts were drawn by hand. So if you talk to different people that spent time with Dr. Andrews, you will learn some of the same things but you will also see different techniques that evolved as new ideas were developed. His one most important focus was that if the set of MLs you drew didn't interact with price...what good was it? So that spawned things like modified sets of MLs, Schiff MLs, modified Schiff MLs, etc. And the advent of more information and traders beginning to focus on more 'micro' moves spawned things like using 'micro pivots' as early signs of a direction change, etc. I am re-writing a basics guide and also working on an article for the web site that is in response to a trader that wrote me asking me what 'fork' is the active fork and if one of the active forks is upsloping, doesn't that mean prices are in an uptrend. As the article will state, context is everything and using sets of MLs that have been 'tested' by price can give one set of MLs more weight than another. I am going to be away from my office from today [Wednesday, Feb 28] until Monday, March 5. I wish everyone a great week of trading and I'll be updating the web site when I return Monday. Take care! Tim Morge medianline.com