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Re: talk about the markets



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<x-html><html><head></head><BODY bgcolor="#FFFFFF"><p><font size=2 color="#000000" face="Arial">Paul,<br>&#009;I disagree with you. &nbsp;I think it's good to hear other's opinion on the same market you are about to trade. &nbsp;Ultimately, you are the one who must pull the trigger, though. &nbsp;Only the bottom line will tell who is right.<br>&#009;Example of just what you are talking about:<br>&#009;I have been following T-Bond futures and, to me, it looks like a good time to get short. &nbsp;The trendline has been penetrated. &nbsp;A clear top formed in January with an &nbsp;easy to see head and shoulders. &nbsp;Elliott Wave counts indicate that further erosion of price is to be expected (Wave 3 of III is due?)<br>&#009;All of this has had me conclude that I should sell June T-Bonds on Monday. &nbsp;I then stumble upon a website that recommends going long! &nbsp;http://homepage.interaccess.com/~bobeli/page2.htm &nbsp;&nbsp;&nbsp;<br>&#009;After I read what he said I wondered what I should do now? &nbsp;&nbsp;&nbsp;I'll probably trade the Bonds on Monday but I'm going to be much more cautious and will jump out at the first sign of trouble.<br>Armand<br><br>----------<br>&gt; From: Paul Cote &lt;<font color="#0000FF"><u>cote@xxxxxxxx</u><font color="#000000">&gt;<br>&gt; To: RealTraders Discussion Group &lt;<font color="#0000FF"><u>realtraders@xxxxxxxxxxxxxx</u><font color="#000000">&gt;<br>&gt; Subject: talk about the markets<br>&gt; Date: Saturday, March 07, 1998 4:51 PM<br>&gt; <br>&gt; I for one would rather discuss technique than the markets. &nbsp;The reason<br>&gt; for this is that if I want to bet the market is going up, I don't want<br>&gt; some one to tell me why they think the market is going down. &nbsp;I believe<br>&gt; that I have to take my bets within my own system and prefer not to be<br>&gt; influenced by others opinions. &nbsp;I go onto Avid and more than once have<br>&gt; gotten shook out of a position because of listening to people who think<br>&gt; they know which way the market is going. &nbsp;I am not strong enough to hold<br>&gt; my bets in the face of others telling me what is happening within their<br>&gt; opinion. &nbsp;Maybe realtraders is not for me. &nbsp;<br>&gt; <br>&gt; Paul Cote</p>
</font></font></font></font></font></body></html></x-html>From ???@??? Mon Mar 09 10:33:39 1998
X-Persona: <Neal-Halcyon>
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Date: Sat, 7 Mar 1998 15:44:10 -0700
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From: "Richard Chehovin" <GalacticFXInternational@xxxxxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: FOREX DATA/CLARIFICATION
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<DIV><FONT color=#000000 size=2>Hello again RTer's</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT>&nbsp;</DIV>
<DIV><FONT color=#000000 size=2>This is a follow up to my first request for 
Forex Data. I forgot to mention that I need intraday data and not end of day. 
BMI format from TradeStation from 2/25/98 to 3/6/98.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT>&nbsp;</DIV>
<DIV><FONT color=#000000 size=2>USDGBP$Y</FONT></DIV>
<DIV><FONT color=#000000 size=2>USDDEM$Y</FONT></DIV>
<DIV><FONT color=#000000 size=2>USDJPY$Y</FONT></DIV>
<DIV><FONT color=#000000 size=2>USDCHF$Y</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT>&nbsp;</DIV>
<DIV><FONT color=#000000 size=2>Sorry for the confusion.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT>&nbsp;</DIV>
<DIV><FONT color=#000000 size=2>Richard J. Chehovin</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Sat Mar 07 15:31:58 1998
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Date: Sat, 7 Mar 1998 17:53:23 -0500
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From: "RANDALL L. REED" <75231.2457@xxxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: Fw: ROC indicators
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>I have loaded the 3 ROC's on a chart of 1 min S&P.  If I let TS scale the
>indicators to the screen then there seems to be convergence at some of the
>turning points.  If I set the scale to USER set - and make them all the
same
>then I do not see this convergence of the ROC's at turning points.

>What scaling factor is everyone using?  Are you looking for a convergence
of
>these into an area of the chart or for them to all cross 'zero' at the
same
>time?

>Thanks in advance to all.

>John

I don't know about TS but in SuperChartsYou must set your scale to "screen"
and
then view using about 20 to 40 bars at a time for best results.  This
indicator gives
it best signals with the scale set to "screen". "User" will not allow the
indicator
parameters to work properly.

Also, I found that by putting all three indicators (7, 14, & 20) in the
same window the 
APEX will show up better than using three separate windows and drawing a 
straight line down through all three windows to line up the all three
APEXes.

On a daily chart try using 6, 13, & 26 week parameters instead of 7, 14, &
20 day
parameters.  You will see other interesting results long term.

Also, look for dual APEXes that form Micro "W"'s and Micro "M"'s.  Another
very
strong signal of trend change.

What I am having trouble with is finding APEXes that form at the TOP.  They
don't
seem to be a clear as those that form at the bottom. Anyone find a solution
to this?

from Petersburg, MI
Randy