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At 07:05 AM 7/7/98 +0200, bullcom wrote:
>Thanks Rtīs for your help,
>
>it gives me a clearer picture now of what people talk about when they use
this
>terms. Maybe we can sum it all up to leading indicators being the ones that
>give you a big help in a trading range or a correction in an overall
bull/bear
>move, when giving you a signal to reenter after the correction, but are
fairly
>useless within the trend.
>
I'd have to disagree with the last sentence, I use fibs (leading)
in a trend most of the time. Of course, it could be an hourly-bar trend,
daily trend, weekly trend, or all of them simultaneously.
-Neal.
---
DiNapoli Fibonacci techniques -
http://www.fibtrader.com
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