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To: Richard Rose who wrote (2183)3/8/1999 4:32:00 PM
From: CharlieChina  Respond to of 2358
 
Many thanks



To: Richard Rose who wrote (2183)3/9/1999 7:53:00 PM
From: Bruno Galliano  Respond to of 2358
 
Also for early divergence try a regression slope 21 line
or oscillater. I use the line on the lower side of the chart under the price tick. It tends to be much more a leading indicator than the actual tick, or the other indicators. Watch for divergence if scalping. Example: when used as a line on the lower chart watch for it to diverge from the tick price line. Particularly if the tick price makes a trough or peak, then a second trough or peak, either higher or lower and the regression slope does not agree, or confirm, by virtue of it diverging, you will find it usually right most of the time and will lead the tick line in the right direction either up or down. Also include volume graph in the lower chart to estimate the strength of the slope lead. Finally the regression slope is an excellent indicator on a 1 or 5 min chart used same as above for entry and exit points. Hope this helps bgalliano