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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call -- Ignore unavailable to you. Want to Upgrade?


To: Win-Lose-Draw who wrote (6412)3/12/2003 4:03:16 PM
From: Softechie  Read Replies (1) | Respond to of 11447
 
This is an exact play of last week...Monday and Tuesday down, Wed up, Thu down, Fri up...so tomorrow it will be a down day...looking to short first 2 trading hours...



To: Win-Lose-Draw who wrote (6412)3/12/2003 4:04:31 PM
From: sa-mule  Read Replies (1) | Respond to of 11447
 
it is a measure of a trend, something that can last. the longer time frames the better but the 10 minute is the most sensitive and if it doesn't move than it is weak/corrective

so it measures the strength, move is stonger with confirmation of trend in my eyes..better risk/reward.

not set in stone but a good indicator when used with others and right now I am getting more than one that says tomorrow is down. could be wrong, nothing is 100%. hope you make a ton! :)

Sam