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----- Original Message -----
From: charleydan <charleydan1@xxxxxxxxxxxxx>
To: <Jdonato98@xxxxxxx>
Sent: Sunday, October 03, 1999 8:31 AM
Subject: Re: Robustness
> Jerry-
>
> I use 40 mv in all time frames all markets to determine trending markets.
>
> I first want a 40 mv in weekly to be flat to up or down to determine
market
> direction. Then I go to daily 40mv and want it to agree with the weekly.
> Also, if the market has been going down and is just changing direction on
> the weekly I want it to also go past the daily and then pull back before
> entry of position. Then I go to a time frame 1/5 of daily in whatever
> commodity or stock it is and swing trade it with entry with slow
> stockastics, and exit upon pridicted swing as stockastics is 90% of the
time
> overextended.
>
> If you look over charts you will see how the 40 mv contains the market
over
> and over again both in weekly, and more so in daily and the 1/5 chart.
>
> Cattle in commodities is an example right now. As someone else has
> mentioned on this forum, soymeal is the next one to be a strong bull soon.
> 40mv on weekly is flat and the daily is down and when it turns up and
price
> above, time to start going long.
>
> I find this method avoids most all of the congetion areas on the charts,
the
> weekly avoids the market turns and the daily avoids the countertrend
flags
> and etc. I use the hourly to get low risk entries.
>
> I never change these parameters, use in all markets, commodities and
stocks.
>
> Am researching now instead of using stockastics for entry, using a moving
> average. The general theory I am using is this. When the 40 mv average
on
> the 1/5 time frame has been going in opposite of the weekly and daily and
> then turns flat, I look for the first price bar to touch the line and I
> start counting to five and entry on two ticks above the highest bar of
the
> five bars. This is a form of hand signal, thumb trades and etc(don't
> remember who developed it but it is described in Street Smarts"), that I
use in non-trending
> markets and is very successful.
>
> charley
> ----- Original Message -----
> From: <Jdonato98@xxxxxxx>
> To: <charleydan1@xxxxxxxxxxxxx>
> Sent: Saturday, October 02, 1999 3:52 PM
> Subject: Re: Robustness
>
>
> > Charley,
> > I think we are both in the same Church, just different pews.
> > One system may be able to be used for all futures and equities, but the
> > parameters must change to filter the information.
> > Moving averages are a very good example.
> > The numbers change to fit the trading style and the trend indicated.
> > Higher numbers will give you a different entry point than will smaller
> > numbers.
> > But I will patiently wait to hear your outcome of your testing.
> > Wishing you the best,
> > Jerry
> >
>
>
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