an indicator discussion..., page-99

I'm on Hols ..but just poped into the internet shop to catch up on the prices and the goss. I see treggs has begun a good tread and lots of discussion ..nice !! I'm going to way in on the time thingy....and in defenece of those that have been shouted down for dissmissing time... I'll add that the markets create there own time ..our charts have 2 axis one is price the other is time..we set a defalt by preference on the time axis ..that is your choice not the markets ,and in that respect time does not exist in relation to the markets output.
most futures markets trade 24 hrs a day..there 2 important aspects to time
1. and the most important , is releted to the time you hold a position , the longer you can hold a position the greater your skill as a trader is..ie if you can make the most out of a vertical phase of the market then you are INSTEP with the markets time, and being instep with the markets time produces the best results, as wink wisely said the less he trades the more he makes.
2. The market creates it's own time ,and it will spend less time at prices that are out of balance with values.An example can be seen on retska's post of a bell curve, THE MARKETS TIME IS NOT SET BY DEFAULT!
anyway back to my holiday ..and good luck.