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>I use ATR as a cornerstone to all that I do. To me, it's like a roadmap in
>that it lets me know where I am within a price range. Gur Dillon (spelling
>questionable) taught this in a course I attended two years ago. A
>percentage of ATR was his price target and his stop. As I recall, he used
>1 1/2 of ATR as a stop. If you have futhur interest, I can re-read my
>notes when I go to my office tomorrow and post accordingly. Seems to me
>that ATR shows a quicker response to what the market is saying than moving
>averages, oscillators, etc. I use a 10 day ATR.
Hi Al!
I, for one, would be interested in hearing more about how you use ATR. I am
specifically interested as to how you use the ATR in finding price targets.
Thanks.
Debra
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