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No, just an engineers compass.. widening or narrowing the compass accross
the bottom of chart to use time ie 60, 90, 120, 180 .. etc.. I use to use
360 degrees for the chart on front of Trendline Chart for indicies... on
stocks and commodities with Commodity Perspective charts.. I didn't go out
to 360... so the time was changed to degrees to determine size of arc for
shorter term, intermediate term or longer support and resistance..... I
used different colors of lead so I could look at the web of arcs on the
charts to see them as they will cris cross each other.. where ever they
crossed was also used a a new fix point to swing a new curve as well as the
main ones which were taken off peaks and lows..... it became a piece of
art.. would talk to you.. and as you saw which arcs were becoming magnets
for support and resistance often the arcs would take form of a oblong
triangle vs the v shaped flag triangles that most think of anyway.. it's
neat but in this day in age of faster computerized markets.. one has to use
computers... except for those that are putting on position trades for longer
term.. then this technique has value especially once you get into and allow
intuition to guide you.
----- Original Message -----
From: "ztrader" <ztrader@xxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, August 28, 2001 8:27 PM
Subject: Re[6]: [RT] 10 Year T-Notes
> On Sunday, August 26, 2001, 5:20:18 PM, Dorothy Carter wrote:
>
> DC> To some old timers.. they would say that you still have a better
> DC> feel to chart by hand than computer..
>
> There's truth in that. I haven't done a hand chart for a while now.
> Mostly, I have a 'different' feel than I did with hand charts. I can
> 'see' more, and try to reduce complex ideas to simple charts.
>
> The idea I was referring to had to do with multidimensional
> mathematical transforms - something I would not attempt by hand. :-)
> These have a specific mathematical relationship to price and time, and
> when these 'strange' dimensions are plotted, the charts don't look
> anything like price charts. However, you can retransform them back to
> a regular price chart, and the ones I discussed produce the
> parabola-like curves.
>
> I know people have been drawing curved lines for a long time (I used
> to do it, too), but I was wondering if anyone was using the math
> transform idea to generate the curves.
>
> ztrader
>
>
>
>
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>
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