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<p>"Jeff Fried (Volt Computer)" wrote:
<blockquote TYPE=CITE>Actually, there's not an infinite number of combinations:
any future or
<br>equity moves in discrete steps.</blockquote>
Jeff,
<br>Your comprehension of statistics is way over my head or whatever I
did learn about that stuff years ago. So what ever you say I will
sanction to.
<p><i>anyone's published rigorous estimates of probability distributions</i>
<br><i>> > associated with various technical indicators, events, and markets.</i><i></i>
<p>I am a TA trader and believe that most if not all of the "news" gets
factored into the markets before the general public is even aware of it.
If anything I see the "news" as just a "lil shove"
to get the market moving in the direction it probably was going anyway
only maybe a little sooner or a little harder.
<p>But how can you construct a model that would include events. That
is an unknown variable. Its not like you can choose between SD(or range)
of a known variable(mean). These events(variables) have not even
been identified let alone defined. Do I make any cents?
<br>r
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</x-html>From ???@??? Fri Feb 05 16:04:30 1999
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From: "Mark Morrison" <mmorrison@xxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: EFPs not available for Mid-Am
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<DIV><FONT size=2>All Mid-Am currencies are half-size contracts, except for the
British Pound which is only one fifth of the full size contract. No EFPs
are available for a size less than 1 full CME contract. Some firms even
require a minimum 5 lot to trade EFPs. To protect a Mid-Am currency
contract (except for British Pound), Ira's idea of buying an option is
good. Buy an at-the-money CME currency option with a 50% delta, combined
with 1 Mid-Am currency futures contract (except BP) and you'll be "delta
neutral", theoretically.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Mark Morrison</FONT></DIV>
<DIV><FONT size=2>mmorrison@xxxxxxxxxx
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</x-html>From ???@??? Fri Feb 05 16:42:18 1999
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Date: Fri, 5 Feb 1999 17:23:43 -0700
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From: "Earl Adamy" <eadamy@xxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: GEN: What P&F Box Sizes?
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Thanks for posting the chart with buy/sell arrows. Will have to ponder this
for a bit to see if this would further simplify the price action. Every day
which goes by I get closer to trading the raw price patterns and formations
on bar charts (like the triangles I posted this morning).
Earl
-----Original Message-----
From: BrentinUtahsDixie <brente@xxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>;
eadamy@xxxxxxxxxx <eadamy@xxxxxxxxxx>
Date: Friday, February 05, 1999 1:18 PM
Subject: Re: GEN: What P&F Box Sizes?
>Earl et al,
>
>It's been a while since I sent a chart to RT's. It's also been a while
since
>I looked much at P&F so I just drew up this intra-day chart of US 9H
>(T-Bonds for you stock guys).
>
>Looking carefully at the chart you can see some red and blue arrows (red
>{sells}, blue {buys}) that I put next to the box where you would sell or
buy
>based on some patterns like, Double tops/bottoms or Tripple t/b, Bullish
>and Bearish Catapult Formation, and Bullish and Bearish Signal Formation.
>
>I also included some standard fibonacci retracement levels and some lines
>for fun.
>
>You like? I kinda do.
>
>Brent
>
>-----Original Message-----
>From: Earl Adamy <eadamy@xxxxxxxxxx>
>To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
>Date: Friday, February 05, 1999 12:51 PM
>Subject: Re: GEN: What P&F Box Sizes?
>
>
>>What triggers does one use for entry/exit when using P&F. I would think
one
>>would end up entering on breakouts and getting whipsawed quite a bit,
>>especially in the s&p. Can one apply the same Fibonacci, pattern and
>>formation techniques used on bar charts? Obviously, my P&F knowledge can
>fit
>>on the head of a pin.
>>
>>Earl
>>
>>-----Original Message-----
>>From: Steve Mcguire <netvest@xxxxxxxxx>
>>To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
>>Date: Friday, February 05, 1999 9:46 AM
>>Subject: Re: GEN: What P&F Box Sizes?
>>
>>
>>>Rob,
>>>
>>>You're on the right track with P&F. I use 4 point boxes on the S&P,
>thought
>>>I've seen other use 5 or 10. On low price stocks you have to try
different
>>>size boxes to see what works best. Below $20 you might use 1/2 point or
50
>>>cents. When you get below $10 I have no idea as I've never tried P&F on
>>>these.
>>>
>>>My experience has been on using P&F in futures and I can honestly say it
>>has
>>>turned my trading around. After 30 years in the business, I use nothing
>>>else.
>>>
>>>
>>>
>>>Rob Fletcher wrote:
>>>
>>>> Could someone please give me an idea of the correct box sizes for P&F
>>>> boxes. Not in fractions, I trade on the Australian market in dollars
and
>>>> cents. I mainly trade in Gold shares where the market price range is
>>>> from say 10c to $5. For example if you were plotting a stock that has
an
>>>> extreme range let's say of $2.50 to 10c what box size would you use?
>>>>
>>>> I also trade SPI FUTURES (SnP equivalent in Australia), currently it's
>>>> trading in the 2900's and a range of 40 points a day is not uncommon at
>>>> the moment. What box size would you use in that market.
>>>>
>>>> I know the box size makes a lot of difference as I've tried a few with
>>>> just a few cents difference and suddenly a double bottom appears where
>>>> one wasn't before.
>>>> I've tried posting something at the dorseywright.com forum, but it
>>>> appears they don't let someone on a two week trial post messages.
>>>>
>>>> As you might have guessed I've only just started looking at P&F, but
>>>> from all the TA I've investigated, this method seems very promising.
>>>> Thanking anyone in anticipation.
>>>> Rob
>>>
>>
>>
>
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