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Haytham nice charting can you tell us the angles
degree please
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
<A title=H.Albizem@xxxxxxxxxxxxxxxx
href="mailto:H.Albizem@xxxxxxxxxxxxxxxx";>Haytham Albizem
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>Realtraders
Sent: Friday, April 27, 2001 10:47
PM
Subject: Re: [RT] Re: NASDAQ Rhythm
Tim,
You have asked of example on how I use Live Angle
vs. the formula I used in the past.
The example I will use is Nasdaq comp. up
to date:
Live angle calculated form the major high on
3/10/2000 5132 to the major low on 4/4/2001 is 9.007
The old way calculation : major high 5132
3/10/2000
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2nd major high 4289 7/17/2000
5132-4289=843
The difference between 3/10/2000 and 7/17/2000 is 88
trading day so 843/88=9.58 which is close to the compute result of
9.007
Attached is gif for the nasdaq up to date, look
how nasdaq is following angles strictly, I would not ask more accurate
indicator than this.
A lot of traders on this list worry about
the market whether DJIA, NASDAQ or others the trend will go up down or
sideway, who cares, we will trade it whether up, down, sideway. The only way
we can not trade it is when it is flat dead.
Guys relax, don't become the market and if you do
you will lose because other trader will take the other side you
take.
Regards,
HaythamTo
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