SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (8844)11/20/1998 10:18:00 AM
From: GROUND ZERO™  Respond to of 44573
 
I2,

A fork stops being relevant when the market turns and a new fork can be drawn and tested, although a fork over a longer time frame can continue to be valid.

GZ



To: Investor2 who wrote (8844)11/20/1998 1:26:00 PM
From: nicewatch  Respond to of 44573
 
I2, IMO, for the second recent fork to cease being active... the market should act like the fork doesn't exist... meaning that prices rally a lot and burst through the upper tine, or maybe fall through the lower tines with no reaction. Ditto for the older fork. The thing is though, sometimes markets go through the tines of a fork only to reach and react to an outside upper or lower parallel
(not shown on my chart). Also, when prices don't seem to respond at all to the forks... it may be time to draw a new fork. FWIW, I am not sure if I answered your question or not... let me know, talk to you later Regards, Frank