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I would like to thank those of you that took the time to respond to my query
about the Pyrapoint Method that was advertised in Trader's World magazine
and on their web site. I also received many requests privately for any
comments I received. Since I have not purchased the method, I cannot
personally comment on it. However I did receive three replies from people
that I believe either purchased or have seen the method. Overall, there
seems to be an element of disappointment. One described it as basic and
suggested there were less expensive alternatives to learning about the SQ9.
Keep in mind that what may be basic to one person could be just what is
needed by another to go to the next step in their learning. Another
commented that it was not put together well mechanically -- specifically
charts were not located properly with respect to the referenced text, some
charts too small to read and some upside down. Those were opinions expressed
and since I have not seen it, they are not my opinion. If there are others
who have the manual and have found it useful I hope you will use this forum
to comment.
My interest is in furthering my understanding of how to effectively
project time changes in trend on a short term basis. I have been working on
price projection and have programmed my calculations in TradeStation such
that they automatically project price levels on a short or long term basis.
I have attached a gif of this on 5 min SP. What will be obvious is that it
is not always predictable at which level the price will stop. I think the
next step is probably to combine this with some form of wave symmetry
measurements and/or with fib levels. Any comments or suggestions would be
much appreciated.
Karl
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