|
PureBytes Links
Trading Reference Links
|
Why don't you use his offset moving averages to project direction and pricing
targets? Ira
Stan Book wrote:
> The Hurst channel extrapolation shown for SBUX may well be overly
> optimistic, but the channel is flattening. The 'projected' high probability
> buy opportunity is based on the observation of visual patterns and an
> extrapolation of past post turn price behavior - a 'possibility', not a
> certainty. Future price action will determine if this becomes a viable high
> probability opportunity.
>
> The purpose here is to partially demonstrate a low risk, high probability
> way to set up trades for gentle souls who seek the safest possible trades in
> order to protect capital and achieve modest, reliable appreciation. This one
> is not for rodeo cowboys.
>
> Because markets are fractal, the approach also applies to other time frames.
>
> Stan
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
> Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>
> ------------------------------------------------------------------------
> Name: SBUX_010518.gif
> SBUX_010518.gif Type: GIF Image (image/gif)
> Encoding: base64
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|