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Anyone actually DAYTRADING using 60 MINUTE bars ?
I find that even 3 MINUTE BARS are too long for the e-minis.
Swing or position trading, yes, I could see it......
> -----Original Message-----
> From: Mark Brown [mailto:markbrown@xxxxxxxxxxxxx]
> Sent: Monday, September 23, 2002 3:52 PM
> To: omega-list
> Subject: Larry's New Idea
>
>
> Hello ,
>
> http://www.ctiming.com/MillionInfo.asp
>
> HERE’S WHAT YOU NEED TO MAKE MONEY…
>
> TECHNIQUES THAT HAVE WORKED
>
> AFTER THE SEMINAR IN REAL TIME
>
> What you are about to read here are results in real time, and real
> trading after these techniques were taught. They are not
> “hypothetical” or after the fact. This is reality. Clearly I did
> not take all the trades you are going to read about here. I did
> take some and anyone could have taken them all as the rules were
> known ahead of time. I have allowed for slippage and commission
> but that can also vary.
>
> 1) A REVOLUTIONARY WAY TO DAY TRADE
>
> My Newest and Best Way to Day Trade….
>
> I’ve done a lot of market research in my life…most was dead end stuff,
> only a few things were “revolutionary” brand nee innovations in
> trading, like a) volatility breakouts, now so widely use b) money
> management formulas c) my %R for combining trend and anti-trend
> trading. D) Using opening prices, not closes.
>
> And now I have an entirely new way of day trading the S&P 500 or
> E-Mini’s. Let me first state’
>
> 1. It is totally mechanical
>
> 2. It does not use price for signals
>
> 3. It is based on market breadth and volume ratios
>
> 4. It can be used in 30 minute or 60 minute bars
>
> 5. I’m trading this every day of the week myself
>
> Please re-read point 5…look at the following computer study of the
> systems trades and you will understand why I’m trading this every day
> of the week. You will need Trade Station, CQG, or another real time
> data feed to trade this with…you can’t keep up with it by hand.
>
> What I like most about this system is that it does not look at price
> to get us in…it looks at the flow of volume as expressed my advancing
> and declining stocks to trigger signals. This eliminates the wildness
> of price action and focuses on underlying market strength instead.
>
>
> ================================================
>
> This looks very interesting and I was thinking of attending. ;) mb
>
> --
>
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