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


To: Patrick Slevin who wrote (9823)12/8/1998 9:27:00 PM
From: nicewatch  Read Replies (1) | Respond to of 44573
 
Patrick, Good for you... congrats! As that upper parallel keeps containing price, a downside break seems more and more likely, imo. The fork has been a deciding factor in many of my futures trades; however, it is something I keep handy in my tool arsenal, so I have no problem using it. Your point about sticking to a method is a good one. Back in the day, I paid a large tuition to the bond market by using a method that wasn't for me. I knew it too, but managed to be thickheaded long enough to take it on the chin. Oh well, live and learn. I just now noticed something interesting. GZ mentioned the following timing technique for the fork. Message 6496204 I am familiar with it... but have not tested it. Anyway, using 9/24 and 10/30... one should have expected a turn today. I'm curious to see what happens going forward. Talk to you later Regards, Frank