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Re: None

Wednesday, 08/24/2005 8:43:31 AM

Wednesday, August 24, 2005 8:43:31 AM

Post# of 31
"i was looking for prior magic box setups last night, and found that many times it works - sometimes the williams sets to above -50 during day 1 or 2 - stay away from this right? also wstl is more eye appealing than neng for some reason?"

pug, it must not be the case that the williams goes to and above -50 at the very time that the aroon does x or the candle setup does y. the williams can move independently. the best case scenario is that the aroon and the williams move in sync with the candle setup, but it is not necessary. sometimes the confirmations are delayed. you can get a williams confirmation days after the candle setup off of the lower bollinger band happens.

i certainly agree that wstl is more eye appealing than neng. both look good, but wstl has everything going for it. when you see other indicators agreeing, it is a good thing. perhaps today, pug, i will talk about some of the other indicators.

i'm really happy to hear that you're still researching. do you see how dmoi, while not having the ideal candle setup for a magic box, has the aroon and williams confirming? again, the dollar volume isn't substantial, so the aroon and williams don't mean all that much.



goosemeister@hotmail.com

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