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

To: Jerry Olson who wrote (16900)	2/28/1999 12:20:00 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 44573

Jerry, This P&F Charting seems to make a lot of sense, your plotting momentum among other things and it allows you to capture the best parts of trends. In the pattrns of '0' - 'X' your also measuring similatities found in Relative Sytrengty Indexes and On Balance Volume studies, but the trading signals appear to be much clear with P&F. Murphy devotes a whole chapter to P&F structures. That says a lot. I will look at all the larger fork patterns and see what midlines will act as support.....see if we have any matches to your BSL. Chip