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[RT] Re: 5/18 & 5/22 NASDAQ Turning Points



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--- In realtraders@xxxx, "Research Dept." <research@xxxx> wrote:
> Hello H,
> 
> HAwan> It depend on volatility, before March 2000 I was in the 
market from
> HAwan> days to weeks then time span in the market drop 
significantly to 
> HAwan> hours until April 2001
> 
> so you may do some daytrading as well?

HA: Yes,I did
> 
> HAwan> I started to be in the market for few days, I 
> HAwan> am concern we might me cought in trading range for a while 
and I add 
> HAwan> stochastic to my screen and I start looking at it more than 
MACD 
> HAwan> because as you know stochastic work better in trading range 
while 
> HAwan> MACD is better in for trending market.
> 
> how will you know when the market is no longer chopping?

HA: I follow only the turning points

 is there a
> astro alignment of some sort or do you look at the price action?

HA: No


 just
> wondering as you stated that your previous predictions were not 
price
> related but rather timing related.

HA: Yes
 if you can predict when the chop
> will end then do you care if it also aligns with the price stopping
> its chop?

HA: What is "price stoping its chop" :-)

 how can you trade using timing that apparently is different
> than the timing of the price action?

HA:the timing of the price action is "different" from the timing of 
the "turning points"
> 
> HAwan> Haytham
>  --
> Best regards,
Haytham
>  Research                            mailto:research@x...


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