To: Ibexx who wrote (31906 ) 3/9/2002 2:57:30 PM From: HairBall Respond to Ibexx: Entry/exist timing range signals need to not only be timely, but should also encompass a price range that makes trading them profitable. If a signal rings which is good from that point forward until let’s say the high of the following trading day, but the eventual decline is not required to go lower than the price at which the timing signal first rang, or vise versa for a buy, the system is inherently flawed. Why, because even though the timing range may encompass a pivot point the expected minimum retrace may not extend above or below the beginning price point of the timing signal, thus building in the possibility for a loss for anyone acting on the signal to early or to late. In addition, timing systems that can give multiple sell or buy signals without providing re-entry signals in alternation are inherently flawed as well.
