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Wilson:
Can you tell me more about speed lines? I'd like to add to the discussion, but
I'm not a user of speed lines.
Thanks.
Tim Morge
Wilson Foy wrote:
>
> Mark,
>
> Could speedlines be a simple method to measure velocity/acceleration? I'm
> putting a lot of time into experimenting with them and wondering if it's
> worthwhile.
>
> I believe the concept could be automated to indicate the number of
> mathematical/geometrical relationships that exist between present price/time
> and previous pivot points.
>
> Wilson
>
> ->If you trade against the trend like most of my programs do, you can
> document
> >that if you apply not only good money management but a reversal : you will
> >recover the loss you just incurred. The trick is to know your market and
> >understand the probability of the reversal working, only a computer can do
> >this. A human can not with great dependability feel the velocity and
> >acceleration of market movement. A computer can keep track of all of these
> >factors with great accuracy.
> >
> >MB
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