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Hi Guys
You're actually being quite harsh on the Rhythm Method.
I have had a look at it. It's a reasonably robust method
for the S&P. Has something new or at least an approach
I haven't seen elsewhere:
it defines the characteristics of the mkt not only according
to whether it is strong or weak but also how it should behave
during certain times of the day.
The rest of the approach is based on Fibo retracements
and certain indicators.
Ed also gives telephone support which I consider essential
to understanding someone else's method - I want to under
the beliefs and assumptions on which the approach is based.
Is it worth US$3000.00? (Price of course when I enquired).
Not for me. The reasons are:
* I knew about his slant on Fibo and the indicators
so I learnt nothing there.
* the time of day stuff was very interesting but did
not translate into the FX mkts I trade. In other
words I could not identify similar behavioral characteristics
to the ones found in the S&P; and I don't trade the S&Ps.
If he is now charging $15K, it definitely wouldn't be value for me.
regards
ray
R Barros
101/25 Market Street
Sydney NSW 2000
Australia
Voice: 61 2 92673470
Fax: 61 2 92673478
E-Mail: rbarros@xxxxxxxxxxxxxxxxxx
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> From: Tom Alexander <gta3@xxxxxxxxxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: Re: Ed Moore's Rhythm Method
> Date: Friday, August 07, 1998 11:58 PM
>
> I'm not that familiar with a trading "rhythm method", but my experience
> with the other type just had her first birthday. I imagine the former is
> about as effective as the latter. Looks like the first year costs are
about
> the same too.
>
> Regards,
>
> Tom Alexander
>
> ----------
> > From: Harley Meyer <meyer@xxxxxxxxxxx>
> > To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> > Subject: Re: Ed Moore's Rhythm Method
> > Date: Thursday, August 06, 1998 11:01 PM
> >
> > I couldn't resist, sorry. But is that similar to
> > the method practiced by many Catholics. Also known
> > as the "rhythm method".
> >
> > Harley
> >
> > Austowne@xxxxxxx wrote:
> > >
> > > RT's
> > >
> > > Surfing last night and came across Ed's website where he totes his
> method for
> > > a mere $15K.
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