[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: Re[2]: trends



PureBytes Links

Trading Reference Links

Hi Mark & Howard
> Yes, maybe  we are saying the same thing.  What I find is that congestion
or rests are usually 3 to 10 bars where prices move (trend  sideways or
contrary to main move) then in usually 3 bars the price moves
to
> a new congestion (rest area).  Overall this can be called a trend even
> though more time is spent in the congestion (rest) area where no
discernable
> trend exists.  The  jumps are usually dramatic.  I wish I could show this
> with a chart but don't know how to get the list to accept my attachments.
>


----- Original Message -----
From: Mark Brown <markbrown@xxxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Thursday, February 24, 2000 10:58 AM
Subject: Re[2]: trends


> Hello  Howard,
>
> HJ> I think you are just calling a trend a "jump". We're
> HJ> all saying the same with different words.
>
> HJ> H
>
> I  think  they  are trying to make the point that what appears to be a
> trend  sometimes  looking  back  on  a chart is really just a bunch of
> counter  trend  trading  ranges with strait up or down spurts of price
> action that would have been impossible to get on.  but looking back in
> hind sight you can see that its a trend sure.
>
> mark
>
>