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On Thursday, April 18, 2002, 10:08:51 AM, Neal Hughes wrote:
NH> Agreement as defined by DiNapoli is where either one of .618 or
NH> .382 are in close proximity to any one of the expansion we use.
NH> The expansions are .618, 1.00, and 1.618
NH> I don't mean to be a pia, but just want to keep definitions accurate... So
NH> when we talk of Confluence or agreement on a chart, traders know where
NH> to look...
I was using it in a more general sense. On several other lists, it is,
essentially, used as a way to describe more than one indicator coming
together. As you might guess, they consider whatever indicator(s) are
the favorites on that list. :-) It seems the word has spread and has
become thoroughly 'contaminated'.
ztrader
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