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what
do you mean by translation
<FONT face=Tahoma
size=2>-----Original Message-----From: Ira Tunik
[mailto:irat@xxxxxxxxx]Sent: Wednesday, April 03, 2002 3:19
PMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: [RT] RE:
Time and Motion Tradingthere are many different
methods of doing it. Is a simple one. this is anhourly chart
and it seems to set up for a 31 bar cycle. So there is
atradable low every 3 to 4 days. I am sure that if you break down
the 15min., or 3 min. chart in the same way you will find a tradable
pattern. Itis not a stand alone method, but adjuct to a
system. Always measure cyclesfrom low to low as the highs produce
translation. Good luck. Ira."Terry B. Rhodes"
wrote:> > > I have not been able to find a timing system
that> > > will> > > stand alone as a trading
vehicle. If anyone has, I would be> > > interested.
Ira.>> I spent a fair amount of effort trying to incorporate
time of day> into my NDX day trading but never found a rule that
added> significant value.>> FWIW our intermediate term
NDX system gave a short signal this> morning. Long signals are crisper,
you enter within a day, 2 max> for an expected strong move. Short
signals may take 2-3 weeks to> develop. We look to buy ATM QQQ puts
w/6mo expiration on the next> short term bounce.>>
regards,>> tbr>>> To unsubscribe from this
group, send an email to:>
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