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

To: Kona who wrote (20860)4/13/1999 6:21:00 AM
From: GROUND ZERO™  Read Replies (2) | Respond to of 44573
 
Those tines, or median lines, both attract and repel price..... they act like a magnet and pull the price toward it, then when price touches that line the price is either repelled back or the price is catapulted across that line giving the market a violent jolt, that 'unexpected' rally or sell off..... the more price reacts to a particular line over time, the more valid that line is..... did this help any? (-...-)

GZ



To: Kona who wrote (20860)4/13/1999 2:17:00 PM
From: Chip McVickar  Read Replies (2) | Respond to of 44573
 
Kona,

From what I've learned from watching these forks....any cross of Tines
have to be fairly excact...ie. time of day and price have to meet at that
cross to add any significant value.
Chip


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