rallies and declines


  • 0
  • tomo
  • 3-Sep-2008 at 3:44 AM
  • Rep: 110
  • Posts: 238
Hi Rich.

One question about rallies and declines. If I'm not wrong Taylor measured rallies as a difference between BD low and SD high. Your rallies are from BD low to SSD high. Am I correct? If so could you tell us why did you change them the way? Declines of Taylor were from SSD high to BD low and I assume your are the same. Again .. correct?
Just making sure.

Tomo
  • 0
  • Richbois
  • 3-Sep-2008 at 9:21 AM
  • Rep: 150
  • Posts: 590
quote:
Originally posted by tomo

Hi Rich.

One question about rallies and declines. If I'm not wrong Taylor measured rallies as a difference between BD low and SD high. Your rallies are from BD low to SSD high. Am I correct? If so could you tell us why did you change them the way? Declines of Taylor were from SSD high to BD low and I assume your are the same. Again .. correct?
Just making sure.

Tomo


You are right the way you understand Taylor, except for something. Taylor and I have Rallies from BD low and SD high and 3 day Rallies from BD low to SSD high. Your Declines are correct.
  • 0
  • tomo
  • 4-Sep-2008 at 6:10 AM
  • Rep: 110
  • Posts: 238
Ok maybe I missed it but I think Tylor did not measure rallies from BD lows to SSD highs. Could you point me to the page in the book where he describes it? I missed it somehow :)

  • 0
  • Richbois
  • 4-Sep-2008 at 10:32 AM
  • Rep: 150
  • Posts: 590
quote:
Originally posted by tomo

Ok maybe I missed it but I think Tylor did not measure rallies from BD lows to SSD highs. Could you point me to the page in the book where he describes it? I missed it somehow :)




Page 17 is the 1st instance I found quickly.
this refers to my column R and S

The last column is used for the Three Day Method.
The last column, shows the spread or number of points from a Buying Day Low Point to the Short Sale Day High Point, in points gained and the ‘T’ means that it exceeded or sold through the Selling Day High. We put in the number of points and the ‘T’ beside it.
  • 0
  • tomo
  • 4-Sep-2008 at 12:17 PM
  • Rep: 110
  • Posts: 238
Thnaks
  • 0
  • Harry
  • 18-Feb-2010 at 12:10 AM
  • Rep: 0
  • Posts: 1
Hi Rich,

Need your help in understanding the significance of the 3 day spread( BD low - SSD High) and Decline and Rally. I presume the 3 Day spread is used to project/ anticpate( quantify) the newer swing. It would be greatful if you can provide an example, so that things can be easy t understand.

Rgds,
Harry
Emini Day Trading / Daily Notes / Forecast / Economic Events / Search / Terms and Conditions / Disclaimer / Books / Online Books / Site Map / Contact / Privacy Policy / Links / About / Day Trading Forum / Investment Calculators / Pivot Point Calculator / Market Profile Generator / Fibonacci Calculator / Mailing List / Advertise Here / Articles / Financial Terms / Brokers / Software / Holidays / Stock Split Calendar / Mortgage Calculator / Donate

Copyright © 2004-2023, MyPivots. All rights reserved.