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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (7796)	11/4/1998 7:59:00 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

<the fork is not used for trading once a direction is indicated....> I get that idea. It establishes the trend, in this case, as being generally down but right now the intermediate trend is up and (if I recall correctly) past the middle tine and heading for the upper one. The implication, I would imagine, is that the move should end around the upper tine and head back towards the middle one. I do not disagree that this is excellent for positioning a trade. A trade which may take weeks or months to complete and be quite profitable. My problem is I do this for a living and if my wife sees me, day in, day out, nursing a beer watching "Days of Our Lives" or whatever the soap operas are nowadays and I tell her I'm trading....well. Let's just say I'm thinking along short-term lines; nicking a few points here and there as many times a week as may be possible. So although it may seem as if I'm dismissing A.P. out of hand I am not. I just need to trade more often than the fork would have me doing because I need to pass the time.