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

To: peter n matzke who wrote (17929)	3/8/1999 1:12:00 PM
From: Patrick Slevin	Respond to of 44573

<i have 10 base points in the cycle with two possible additional inversion points> <In the beginning he uses Orange, green, red, blue> Same stuff then. Although I know what you and he are speaking of with the points I rarely look at them myself. I just am fairly much oriented around the general pattern. I found it too difficult to decide where Point 7 ends and 8 begins or if there was an inversion or whatdaf? So now I just take each day separately and look at the weekly in somewhat general terms as well. I find most people give up on Wilder for the same reason, particularly the Inversion Points. Probably the only reason I still use the method is because I never think of specific points any longer just general patterns. Whatever works. I have to credit Hank for giving me the discipline to get out of a trade and to stay in Cash overnight. Early on I would have been busted apart more than once because the market did not do what I was certain that it should. So it was time well spent whether or not I ever got anything out of the technique.