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Omega Man:
Hmmm...mentioned in the same paragraph as Captain Kenny?
No, I don't have any tensors in my trading tool kit. I just trade em as I see
em. And you are right, O-M: I did take those currency positions off of hand
charted daily data.
Best,
Tim Morge
The Omega Man (TM) wrote:
>
> Mike wrote:
>
> <<I assume that most of the counter-trend trade discussion and picking
> turning points
> referred to intra-day. Anyone have success doing this with end of day
> data?>>
>
> Sure! Tim Morge reported that he was long Marks, Yen, and Swiss in trades
> placed between 8/28 and 8/31. All 3 of these trades are counter trend. All
> 3 currencies gave clear signals on the daily chart and Tim reported that
> he's still holding the trades (they are more than intraday trades).
>
> In fact, the infamous countertrend trader Ken Roberts, an end-of-day trader,
> would have had you long the yen and swiss as both currencies made classic
> 1-2-3 bottoms *on the daily chart*. Though I don't suppose either Tim nor
> Captain Kenny would have used tensors in their analyses...
>
> All the best,
>
> The Omega Man
>
> -----Original Message-----
> From: Michael J. Doiron <75534.2410@xxxxxxxxxxxxxx>
> To: INTERNET:omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
> Date: Sunday, September 06, 1998 5:28 PM
> Subject: Re: Velocity, acceleration, tensors -- as it realtes trend
> trading..
>
> One thing that was briefly mentioned was timeframe. I assume that most
> most of the counter-trend trade discussion and picking turning points
> referred to intra-day. Anyone have success doing this with end of day
> data?
>
> Mike
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