StockFetcher Forums · Filter Exchange · Daytraders! Never trade against the market! (A Follow Up To WALLSTREETGENIUS)<< >>Post Follow-up
SFMc01
296 posts
msg #67005
Ignore SFMc01
9/6/2008 10:30:30 AM

WALLSTREETGENIUS:

Regarding: Lesson #1 on 8/17/2008 in FADING THE GAP STATISTICS

Respectfully, are you suggesting that, in real time, if this channel is going down the market is going down, and therefore, it is not the right time to buy when daytrading? And vice versa for selling short?

Thank you for your help. I have found your postings on StockFetcher very helpful as I try to learn. Please help me further. You state "Look at the candle at 12:20 PM 11/13/08." I assume you meant 8/13/2008. Right?

Also, in looking at 8/13/2008, I don't see "Do you also see how your LRI(20) is UNDER price and heading up?"

I'm using TradeStation to view the chart. Is this what you use? My LR Channel doesn't go back as far as 12:20 PM as I now look at it in the past. Am I not specifying it correctly? Do you have a suggestion?

Respectfully, are you suggesting that, in real time, if this channel is going down the market is going down and that it is not the right time to buy when daytrading? And vice versa for selling short?

Also, would you share your email address so I might communicate directly? Mine is SFMc01@aol.com

Thanks ... Steve


StockFetcher Forums · Filter Exchange · Daytraders! Never trade against the market! (A Follow Up To WALLSTREETGENIUS)<< >>Post Follow-up

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