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Strategies & Market Trends : E-Mini Pit -- Ignore unavailable to you. Want to Upgrade?


To: Nemer who wrote (7288)10/3/2002 9:39:41 AM
From: Louis V. Lambrecht  Respond to of 11288
 
No- One one hand you can draw differents sorts of forks (I still don't master)
and on the other hand (in volatile markets), you can use the tines as any band with your favorite Gann or Fibo retraces which lines you draw parallel to the tines @ half width, .62, *1.
For the spoo, the killer 30pts are around the neckline of the Aug-Sep H&S.
So, if the rally is capped there, I would never know if it would be stopped by the parallel to the tine, or the retest of the neckline. <vbg>