Chart update
Started by
merciless
, Apr 23 2013 05:29 PM
4 replies to this topic
#1
merciless
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Posted 23 April 2013 - 05:29 PM
Defining moment....flat here
#2
TTrader47
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Posted 23 April 2013 - 05:42 PM
Correction. I see the moving average now. Can hardly call that resistance.
Edited by TTrader47, 23 April 2013 - 05:43 PM.
#3
merciless
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Posted 23 April 2013 - 05:52 PM
You spend years watching these charts and you will learn. I should have been more clear short term resistance. We clear this and we probably fill the gap and potentially revisit the highs.These mas are gold for short term trading. Bots just work price from one line to the next
#4
Coach
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Posted 23 April 2013 - 06:07 PM
You spend years watching these charts and you will learn. I should have been more clear short term resistance. We clear this and we probably fill the gap and potentially revisit the highs.These mas are gold for short term trading. Bots just work price from one line to the next
Agreed, Merciless. On the short timeframes, MA's are mobile, dynamic trendlines.
#5
merciless
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Posted 23 April 2013 - 06:17 PM
I like that, dynamic trendlines or DTs 
. Course the only DTs I m familiar with are delirium tremens 
Yes for short term trading they work very well, the renko chart I posted last week had no less than 12 turns at the 200 ma... Trade safe
. Course the only DTs I m familiar with are delirium tremens Yes for short term trading they work very well, the renko chart I posted last week had no less than 12 turns at the 200 ma... Trade safe
