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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: Ronald P. Margraf Sr. who wrote (11697)3/16/2001 11:34:56 PM
From: MechanicalMethod  Read Replies (1) | Respond to of 12039
 
Hi Ron,

I'm intrigued by your comment about being on the wrong side of the curve. I'm uncomfortable commenting about anything you or anyone else has a position in or is thinking about taking a position in but I would love to discuss this idea that a curve does indeed exist.

IOW, if you tell us how you define the curve without naming a symbol then perhaps we could all learn something from each other. It's my belief that a curve that accurately tracks the movement of price will work equally well on a wide range of symbols.

One of the more interesting notes I read today was about buying a double bottom reverse up on a 5min chart that used a 20ema on the 15min chart as the price target. This translated to a 60ema on the 5min. I like consistent methods including establishing in advance when to take profits.

Best Regards -- MM