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John,
Thanks for the posts. I have used Delta with very limited success in
daytrading SPs.
I applied your Delta indicator on a 2min SP chart. Nothing shows up that I
can see. What are the specifics on this indicator?
*********** REPLY SEPARATOR ***********
On 4/26/98, at 1:57 PM, John Nowak wrote:
>Please...It is not my intention to mislead you or anyone else, as to the
>effectiveness or failings of Delta. I would like however like some other
>observations.....or is it that no one knows how it works?( now there's a
>gauntlet). In the interest of keeping this thread going I am posting the
Delta
>indicator for the inter day colours...try this on for size. Oh ...before
I
>forget....it's not my idea nor my system..nor do I trade Delta (I did 2
years ago
>and lost big)
>
>One other point...Richard Bond Sr. (nice name) . Do not be too quick to
jump onto
>these fringe methods. There are many good TA people on this list which
have
>exceptionally good trading ideas they share regularly. I have learned
much from
>them and follow their posts and try them to see if they fit into my
thinking
>patterns. Do not trust Delta for your sole buy sell system. Rather
Experiment with
>the Delta method and use Stochastics or RSI to confirm it's really
happening. As
>I've stated earlier ---the colours are the Full Moon nothing special just
the 28
>day cycle (you see however by some of the other posts that the 23-28 day
cycle can
>be related to other human and other behaviour--- ) I for one would stay
away from
>that ....this type of talk got Wells Wilder into the Dog House with Wall
Street
>back in the old days. Imagine going from foremost authority on RSI, ADX
etc. to
>who??? status. Yeah, must have been a let down.
>
>I can not give you any count for the futures you mention---because I have
not
>experimented with them. One must be careful not to go too far from the
book if
>you want to keep the accuracy or you have to ask one of the people on this
list
>who pay $200 for a yearly list of the daily (intermediate) Delta with the
weekly
>(medium) Delta number counts.....or you count the swings and ....yes get
your
>own. The Delta Society in all fairness has the counts for all commodities
and
>stock on a interday,daily,weekly,etc. etc basis. Which they will sell
you..once
>you've bought the book and bought...and bought....and bou... Yeah, you'll
be
>spending some coin.
>
>On the fun side if you are about to spend $35,000 to be a Director and get
special
>tutoring in the exclusive Directors' only inter day count and colour kit
plus all
>that has been mentioned. Why don't you just cut every one on this list a
smaller
>cheque, and we will all send you a ho..hum system.
>
>John
>
>Richard Bond Sr wrote:
>
>> For one market with volitility - How abut Tbonds
>>
>> us8m or usm8 depending on your system
>>
>> or my other favorite oex
>>
>> I am still "eyeball" trading, and all the indicators are
>> "interesting" but not trusted. ( not understood ? )
>>
>> Post on- the flow of ideas seems to be soaking into my
>> thick skull ( slowly ).
>>
>> rcb
>>
>>
==========================================================
Ken and Lisa Woody - Ken.Woody@xxxxxxxxxxxx
A ship will never sail the seven seas unless it first leaves the safety of
the harbor.
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