Re: Any ideas what system this is?

[Jim Johnson <jejohn@xxxxxxxxx>]

Hello Elliot,

Linda Raschke's Short Skirt trade, although not mechanical in use, is
based on (for buys) penetration of 2.5 ATR band of Keltner Channel
(Len = 20),retracement to 1.0 ATR, enter at 1.25 ATR bands or something like
that.  Exit at previous swing high. YOu can experiment w different band multipliers.  Her SS trades
are 1 min bars.  It has some value on 15 min bars (SP).

Best regards,
 Jim Johnson                   mailto:jejohn@xxxxxxxxx

Saturday, May 11, 2002, 8:45:23 AM, you wrote:


ED> I'm trying to recall a system which I'm fairly certain
ED> was originally developed by a well known female
ED> trader.  The rules go something like this:

ED> Long Entry: Price breaks above a band, say Close + x. 
ED> Price retraces below a lower band, say Close + x/y.  
ED> Price breaks back above the lower band. That's the
ED> entry. Can't remember the exit, but it's the entry
ED> that interests me.

ED> Any ideas?

ED> Thanks,

ED> Elliot.

 




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