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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: TREND1 who wrote (24650)8/18/2001 8:25:02 PM
From: westpacific  Read Replies (2) | Respond to of 30051
 
My system is no different than yours Larry or for that matter any other technical trader. It allows me to follow cycles, channels (bolinger bands, envelope, donchian, regression), overbought and oversold indicators, I plot Fibonacci, run my own cycle charts, moving averages, etc........

The technical tools any trader that understands what they are doing has access to.

This stuff is not rocket science, it comes down to hard work and an ability to interpret data. End of sentence.

I do not need to justify myself here, if people do not want me to post my feeling on the way I interpret the technicals then fine, no problem, it does not change the money I am making.

Just like to share information to help others with less experience or less time and for free. Many people charge for this stuff.

I will not disclose my software nor my system - why, I do not have to. Take me for what I am worth - if that is you no longer want my technical feedback ok, I will not post it. It has taken years of testing and experimentation to get it right. I use screening software and various software tools in my analysis process. No different than any good fund manager.

But I do not manage peoples money - who needs that headache.

All the best

West