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Yes, I used to use the moving average (pick your own favorite) for my
P&F also, for confirmation as my pivot for breakouts. (Thought till
today, was the only person to do it)Was crazy enough to attend thousand
dollar P&F seminar years before,but find it too much work and stress in
monitoring intra day.
Sentinel Trading wrote:
> I use intraday P & F to identify breakouts but change the box size and reversal
> to suit the market action. I use a box size that is 10% of the 9 day avg range,
> and 30% of the avg. range for reversal size. This works well for me as I can
> adjust to suit narrow range days and not get whipsawed as much. What I don't get
> is writing systems based on P &F charts. I've looked at Pierre's P&F .DLL but
> don't get it. Can anyone provide any insight.
>
> "The darkest hour in any man's life is when he sits down to plan
> how to get money without earning it"
>
> Sentinel Trading
> rjbiii@xxxxxxxxx
>
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