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PureBytes Links
Trading Reference Links
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For those needing a guide, Robert Miner does a good job of teaching and
illustrating the techniques of pattern/price/time in his book Dynamic
Trading - around $100 with MBG from www.dynamictrader.com.
Earl
----- Original Message -----
From: nwinski <nwinski@xxxxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Sent: Thursday, May 06, 1999 1:09 AM
Subject: Re: TradeStation 2000
> > :-) I understood what you said, I just didn't understand what you
> > MEANT. Sounded like you basically said "measure the swing, and then
> > rotate it into the time axis."
>
> NW: Yes, that is one concept to which I referred.
>
> > Uh. Could you clarify that a bit? Are you saying measure the length
> > of a market move (the diagonal length from high/time to low/time),
> > then measure out that same distance on the time axis (from where, the
> > end of the move?), and expect something to happen there?
>
> NW: Yes, that is exactly one of the ways to use one's thumb and finger and
get
> results. You could also do the opposite whereby you measure the time a
> particular swing took and see if that projected the length of a price
move. You
> can also use it to look for measured moves, i.e. where the same price
swing
> adjusted for time reoccurs. The Digital Swing Trading System is a powerful
> thing.
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