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The cost is far from $25,000, it is more like $200 and I have made far more
then that using it as a confirming indicator. It is not a primary system.
As for whether you should be long or short, that depends on what time frame
you are trading. On the daily you would be flat looking for your next entry
as it has hit its upside intermediate Price Objective. You would also be
flat on the 60 and 15 minute charts. On the 60 you would be looking for an
entry for a downside move and on the 15 an entry on the upside. That is the
way the charts look at this time. If you were trading a longer time frame
you would be in the up trade looking for 107 to 108 as a price with a 60%
probability. If price retraces and hits 101 look for 98 +/- with an 80%
probability. So it depends where you looking to trade, if you are using
multiple time frames, and if your system will give specific entry and exit
prices. Delta gives one an idea of where a reversal of price can take
place. Is it finite? no. Does it help, yes.
TheQuant wrote:
> Hello Ira,
>
> Ira> No, the exact same Delta system with the same colors. RBOG. In
> Ira> that sequence.
>
> I am really confused now, I always wondered if Wilder were selling
> this today if he would be prosecuted for fraud. If you have success
> with it, that's good for you. I would warn others to not spend 25,000.
>
> Looking at that chart you posted, what is the determination of what I
> might consider? a sell or a buy?
>
> --
> Best regards,
> TheQuant mailto:thequant@xxxxxxxxx
>
>
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