Short Term Trading Member Forum

[jglider]

Just hit my buddies house for a few days,, already having a blast. 99 bottles of beer on the wall, ah ya

Checking messages and saw yours.

If by numbers I assume you mean price levels. If so my system does not work off them. It's more time based, fib in nature to some degree with some bastardized hurst thrown in and a few other timing method. Basically a hybrid of sorts that gets a little screwy when things get into a run a away phase..

It uses price action to confirm to some degree but the projection points dont give me price levels. To be frank I never had much use for targets, even though many systems use them.

When I said yesterday might be a s/t hi, which would then suggest some sloppy trading I was willing to let a lot ride. Now with the little pop today, things look very different but not big time bearish yet.

A couple weeks ago I was watching the end of May. Wasn't sure but felt it should be a low pivot. Well, in fact it was a bit of each with a s/t hi the day before, dipped into Wed and back out. This is some of the screwy behavior/projections it gives if I don't watch other issues close when things are running a bit hot.

If any of this makes any sense to you, you're a mile ahead of the rest.