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Greetings Norman:
Maybe you were making this method a joke out of it. I 'think' it's call
'alternate price projection' according to Miner. And I really surprised
that, besides myself, there is another person who uses the 'thumb & index'
indicator! :)Along with other projections and extensions techniques, this is
indeed a very powerful 'indicator'. regards.
Have a good one
Jeff Harteam
Hong Kong
>
> "Measured move" is the concept I once posted on this list as the
> Digital
> Technical Indicator whereby I described how to take one's index finger
> and
> thumb, placing them the distance of a swing on a market chart, and
> then
> using this measure of your finger and thumb to project a similar move.
> I
> said this was one of the most powerful technical methods I knew. As
> a
> result, I received several inquires as to where the inquiree could
> procure
> the DTI software. <G>
>
> Hopefully, I have described this concept and simulataneously
> provided some
> entertainment.
>
> Cheers,
>
> Norman
>
>
>
>
> ----- Original Message -----
> From: <H.Albizem@xxxxxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Monday, May 07, 2001 5:13 PM
> Subject: [RT] Re: Price Projection Methods
>
>
> > --- In realtraders@xxxx, robert@xxxx wrote:
> > > Haytham,
> > >
> > > Thank you for your insight.
> > >
> > > Can you elaborate a little on what is a measured move & where can
> I
> > > read about it more?
> >
> > HA:I am going to update my gif snap picture software today or
> > tomorrow, I need to post a chart then hand drawing explain on it
> what
> > is measured move. My current software doesnot have the capability
> of
> > editing snap picture now.
> > >
> > > I agree the wave count no doubt is very subjective but then how
> do
> > > you use elliott leaving the wave count out?
> >
> > I use elliot time and price projection and see if it fit the BIG
> > PICTURE I am getting to using other methods.
> > >
> > > Which method of Gann do you find most useful for price
> projection?
> >
> > HA: All of them, there is no "perfect" method, but when you
> combine
> > them effectively, it become "very powerful" :-)
> > >
> > > I would also like to read your previous posts on Gann angles &
> > mirror
> > > image if you can remember aproximate dates or message numbers.
> >
> > HA: Angles : message # 4673,7496
> > Mirror Image: message # 4530,4542
> > >
> > > I do appreciate your kind help.
> >
> > HA: You are welcomed.
> > >
> > > Robert
> > >
> > > --- In realtraders@xxxx, H.Albizem@xxxx wrote:
> > > > --- In realtraders@xxxx, robert@xxxx wrote:
> > > > > ---
> > > > > Lenny & Haytham,
> > > > >
> > > > > What are your experiences using the 100% & 161.8% of the
> > previous
> > > > > swing as the next price objective?
> > > >
> > > > HA: I look at it but it will not be the deciding factor, the
> > > deciding
> > > > factor is the measured move.
> > > > > Do you find the Andrew Cardwell method has a better
> accuracy?
> > > >
> > > > HA:I never used it in my analysis.
> > > > >
> > > > > Do you remember the message numbers or dates of your
> previous
> > > posts
> > > > > on this methodology?
> > > >
> > > > HA: I am not sure which message you are looking for, I have
> > > commented
> > > > on NASDAQ using different methods such as SQ of 9, other
> squares,
> > > > angle, mirror image...etc
> > > > > Haytham,
> > > > >
> > > > > Is your method different and more effective than above two
> and
> > > > would
> > > > > you be willing to discuss it (Not divulge it if proprietory)
> or
> > > > point
> > > > > to the resources (books, sites etc.) where one can research
> > them?
> > > >
> > > > HA:I don't claim any method to my self but I am taking some
> laws
> > > and
> > > > principles to another dimension, Gann methods are the
> fundemental
> > > of
> > > > my analysis, I use elliot principles(without wave count
> because
> > it
> > > is
> > > > so subjective and I look only on hard evidence and data),
> > important
> > > > thing I want to mention numbers by it self are live and
> > > harmonic.Some
> > > > of the recources: Michael Jenkins 2 books as a start in the
> field
> > > of
> > > > geometry. I will refer you to Norman Winski on this list for
> Gann
> > > > reading list, I found him to be very helpfull. Also I studied
> the
> > > > astro work of Langham, Jensin, Mikula, Meridian,Walker(Super
> > Timing
> > > > Techniques) and currently indulged in Bayer work.
> > > >
> > > > > Would also like feed back from other members on the list.
> > > > >
> > > > > Would appreciate any input.
> > > > >
> > > > > Thank you all,
> > > > > Robert
> > > > >
> > > > >
> > > > >
> > > > >
> > > > > In realtraders@xxxx, H.Albizem@xxxx wrote:
> > > > > > --- In realtraders@xxxx, rosow@xxxx wrote:
> > > > > > > Haytham,
> > > > > > > I have posted in the past regarding Cardwell's
> > Positive
> > > &
> > > > > > Negative
> > > > > > > Reversals. Here's an example of a Negative Reversal.
> They
> > > show
> > > > up
> > > > > > when an
> > > > > > > oscillator such as the RSI has a higher peak high at the
> > same
> > > > > time
> > > > > > the price
> > > > > > > moves to a lower peak high. This was developed by Andrew
> > > > Cardwell
> > > > > > to use in
> > > > > > > price forecasting. You label (3) oscillator pivots, (2)
> > > > > oscillator
> > > > > > highs (A&
> > > > > > > B) and the lowest oscillator low between points A&B (C).
> > The
> > > > > > Negative
> > > > > > > Reversal price projection formula from B goes as
> follows:
> > C -
> > > > (A-
> > > > > B)
> > > > > > = Price
> > > > > > > projection/target. The price data associated with
> > oscillator
> > > > > points
> > > > > > A, B & C
> > > > > > > are the #'s you throw into the above formula. I have
> > attached
> > > a
> > > > > > Bean chart
> > > > > > > with (3) examples of Negative Reversals. I only posted
> > > details
> > > > of
> > > > > > the first
> > > > > > > target but you'll get the drift.
> > > > > > >
> > > > > > > Lenny
> > > > > >
> > > > > > Lenny,
> > > > > >
> > > > > > I like RSI and I keep it on my charts always, I like the
> new
> > > RSI
> > > > > > method and I have tested 1 year ago, it work fine but I
> > > currently
> > > > I
> > > > > > am not using RSI for price projection and divergence
> because
> > of
> > > > > other
> > > > > > methods I am using. Thanks for the info.
> > > > > >
> > > > > >
> > > > > > Haytham
> >
> >
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> >
> >
> >
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