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<DIV><FONT color=#000000 size=2>Good Morning RTer's,</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT size=2>Well, I've been experimenting over the past few weeks with
timing bands in the 60 minute time frame. Here is what I have come up with.
</FONT></DIV>
<DIV><FONT size=2>Set up a 60 minute chart with timing bands. What I've done is
to enter trades only when the 60 and 20 minute cycles are aligned. Use the five
minute chart to time your trade entry. Looking back over the past week, it has
led to less trades and greater profit per trade. Maybe coincidental, but it
enabled me to catch the the big move in the forex currencies today. It happens
to be the biggest day ever in my trading of the forex market. Keep in mind that
there were other contributing factors such as the European central banks
short-covering of the DEM.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Sincerely,</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Richard J. Chehovin </FONT></DIV></BODY></HTML>
</x-html>From ???@??? Wed May 27 08:23:03 1998
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Date: Wed, 27 May 1998 10:04:03 -0500
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From: ResearchDepartment@xxxxxxxxxxxxxx
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: Robert Krausz
References: <199805271305.XAA23787@xxxxxxxxxx>
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David Hunt wrote:
> While Krausz's stuff is good, be warned Thom Hartle has been in Krausz's
> pocket for a while. Thom is being taught to trade by Robert, so the TASC
> review may not be wholly 2 eyed.
Certainly not to discredit anyone! But I don't believe that Krausz's stuff is that good. Anyone can
draw lines on history. Besides I hold dear to me my best trading ideas. I have three different
accounts at three different clearing firms and often switch my trading between them. Why? because
I'm justifiably paranoid and I know I will be piggy backed. Do you think I would tell all in a
magazine article? Even if I did write a magazine article, do you believe I would hand over to you a
perfectly useful method that I could be using myself? I think the fact that any vendor sells there
systems, makes a strong statement of the value they place on it. In others words they don't value
there system or they wouldn't sell it. In my case I traded my own account with my own systems for
years before I ever became a CTA and started managing money. I certainly wouldn't give away 20 years
of hard work, unless I didn't value that work. That's not to say someone who is successful wouldn't
help others, but not give away the farm! So I believe there may be some useful information in
magazine articles, but by all means do you own homework and don't be looking for a self proclaimed
Guru who is peddling some software.
>
>
> David Hunt
> http://adest.com.au
>
> ----------
> | From: Peter Adamo <petera@xxxxxxxxxx>
> | To: Realtraders@xxxxxxxxxxxxxx
> | Subject: Gen: Robert Krausz
> | Date: Tuesday, May 26, 1998 11:18 AM
> |
> | Hello Fellow RT'ers
> |
> | In this month's TASC, the editor writes about Robert Krausz's new
> | book called "A W.D. Gann Treasure Discovered." I was just wondering if
> | anyone has read it, and if so, what did you think and have you had the
> | chance to apply any of the methods discussed. Thanks in advance for your
> | feedback.
> |
> | Peter
> |
> |
--
TC
|