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Re: Keltner System



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Does this guy Scott Krieger trade? Just curious if it is the guy I
called in Massachussetts a couple of years ago.

In any case, if you want to learn how to use channels, I recommend Dr.
Elder's Book trading for a living.

David.Cicia. wrote:
> 
> At 02:33 PM 2/19/98 -0800, you wrote:
> >Was wondering if anyone has heard of....using....comments......
> >
> >Re: a system for sale by Scott Krieger...using Keltner Channels??????????
> >
> >If you don't want to comment to the group.....please, e-mail me........
> >
> >Thanks.....
> >
> >Tom Stein
> >comfut@xxxxxxx
> >
>   I bought both the book and the software he sells to go along with the
> book. I would say that the book is worthwhile and the software is not worth
> the price he asks for it since most of the indicators are common ones that
> he describes in the book - for instance, Keltner Channels, 3 moving
> averages, intraday pivots, etc. After getting the software, the only
> indicator I could not duplicate was one that automtically provides signals
> for buy/sell. i don't have a clue what is in that one, but it didn't seem
> that the signals were all that good.
>   The book has great value, in by opinion, because it gives a good
> explanation of a coherent trading method. The KC means Keltner
> Confirmation. Confirmation among indicators is the core of his method. He
> explains it well, with lots of illustrations.
>    I have recently found something quite similar, in many respects, which I
> believe is even better. It is a video and workbooks by Lee Gettess called
> Trading in the Trenches, from TradeWinds pulications (800-710-8552.) He
> also uses Kelnter bandsm moving averages, etc. in an integrated coherent
> trading method, with lots of good ideas on actual trading.
>   My opinion is that if this is your style of trading that both of the
> above would help you put together something you could succeed with in your
> own manner. No-one gives away successful trading systems/method because it
> just can't be done. I think that each of us has to put it together for
> himself. Both of the above are excellent resources. I don't endorse either
> of their methods, just that you might learn something good from them
> (unlike many others who sell basically crap.)
> 
> David Cicia