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Both Gann and Gartley where proponents of the measured move also. Whether you
use thumb and index finger, compass, ruler or simple addition and subtraction,
it works very well. The trick is the entry on the measured move, not the exit.
Ira.
Norman Winski wrote:
> "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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> >
> >
>
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