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

Re: Lindahl Formation



PureBytes Links

Trading Reference Links

Philip wrote:
>I am trying to learn more about the "Lindahl Formation" described by
>Colin Alexander in "Five Star Futures Trades." Does anyone have the EL

Is he still promoting that?  He was doing that in is
outdated Wellspring system too (which I studied, and which
lost me a lot of money that I gave Mr. Alexander to trade
in a managed account).  Troutman had a negative review
of Wellspring up for a while but had to disable it (see
http://www.defendercapital.com/Futures/Systems/sysrv_Wellsp.html )
when Colin Alexander became too agitated.  After my experience I
thought Troutman's review was spot-on.

The Lindahl formation occurs so rarely you might find it's not useful,
but I agree it should be coded and tested.  I oughta dig up my
Wellspring book and do just that.  I'll see about it later this week.

Also keep in mind that this is an *entry* pattern.  Entries don't
make money.  Exits do.  Anything you implement without a good exit
strategy won't make money.

-- 
  ,|___    Alex Matulich -- alex@xxxxxxxxxxxxxx
 // +__>   Director of Research and Development
 //  \ 
 //___)    Unicorn Research Corporation -- http://unicorn.us.com