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Norman,
thank you for your response. Also thanks for your offer, but I have my
own daytrading system which is working quite well except some very
tight range days - like all systems - so, I wanted to know if you have a
good way of forecasting such days.
Regards,
Jan Philipp
>
> I can't tell you what you want to know with certainty. However, I do
> produce a forecast for every day that is about 75% accurate in forecasting
> volatility. The best I can do is forecast the date and time when the key
> points are likely to happen. Sometimes a key point is a high, a low, or
the
> apex of a pennant or triangle. Knowing that you are looking at a key time
> and therefore the price pattern is likely to be resolved near that time
can
> be very helpful.
> The following is copied from the AT S&P Advisory for May 9
> These are not trade recommendations are there are qualifying rules in
order
> to get a trade signals.
> This is posted for educational purposes only.
>
> May 9 - moderate trend until last hour and then an acceleration. Best
> indication is for an up but with high alert for an inversion.
>
> A. = 11:57 AM = +4 = high confidence point.
> Watch for trend to begin circa
> 9:57 AM and culminate at A.
>
> B. = 1:25 PM = 2N = low confidence for direction but trend should begin at
> 12:25 PM and possible reaction from 1:25 PM to 2:25 PM.
>
> C. = 3:26 PM = - 12 = all day influences (probable negative)
> releases causing trend change into close
>
> Let me know if you would like to read the users manaul and get more
> samples for free.
>
> Cheers,
>
> Norman
> > >
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