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Jan,
What is your email address, I can send you something I do every night that
might help.
Its my range and higher high lower low probability thing, also known
euphamistically as
rangetrader.
It usually will tell you if the next day is going to be more of a range or
not. It isn't fool proof but..
what is. Best of all its free until i get tired of doing it.
Don Thompson
detomps@xxxxxxxxxxx
Subject: Re: [RT] What to do?...S&P Tightening Ranges Make for Poor Results
> 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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