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To: ViperChick Secret Agent 006.9 who wrote (42261)5/5/1998 1:15:00 PM
From: ratan lal  Read Replies (1) | Respond to of 58727
 
lisa

Moving Averages on the 30-min chart are like SLOW waves (being the average of all individual trades.). They go up, reach a crest and turn down.

I wait for the direction to be established. That establishes my position for the day to buy or short.

Then I look at the 1-tick and 5-min charts. When all 3 charts are in sync, I will go in and place the trade.

Additionally I also use the 30-min charts on tick and trin. If the tick is headed up and trin down (bullish) then it confirms my buy signal and vice= versa. I also use Stochastics for reference and to confirm my position

ratan