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Mr Krausz's assunptions are very interesting on swings trading. I personally
use a 3-point rule (below highest swing price and above lowest swing price)
with good result and that's what Mr. Gann personally used on swing trading
(or 'Overnight Charts').
Cheers,
Bruno Pialli
BPialli@xxxxxxxxxxxxxxx
----- Original Message -----
From: Tommaso Galanti <galantit@xxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: giovedì 6 maggio 1999 1.40
Subject: R: Support or Resistance Penatration question
Adam,
I believe that, in principle, Mr Krausz's assumptions are consistent with
working in a swing scenario: swings are 'vertical' moves and trading ranges
are just parts of them; you trade according to the global swing rules and
not to a part of it.
On the other end (practical), Mr Krausz claims in his web site
(www.fibonaccitrader.com) to have recently added to his sw some indicators
that measure the trendiness of the market, based on Mr. William Blau's
works.
Greetings
Tommaso Galanti
-----Messaggio originale-----
Da: VonHef <VonHef@xxxxxxxxxxxxx>
A: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Data: lunedì 3 maggio 1999 20.59
Oggetto: Re: Support or Resistance Penatration question
> Mark,
>Thanks for the reply. Actually you are dealing with the exact scenario I am
>asking
>about. I have been analyzing the "Gann-Swing" method that has been posted
to
>the list.......there are many things I like about it, but one thing I don't
<snip>
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