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Thread: Trend Line Trading

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#246 (permalink)

05-03-2009, 12:38 PM

blizzard

Member

Join Date: Apr 2008

Posts: 29

blizzard is an unknown quantity at this point

BACK AT LAST!!!!

It's been a long time, half way around the world and now settled.

I was looking at 4xis2ez's trend line and I have an idea. I think it will go down, but if you go to the 1D charts and look for a horizontal trendline, you will see one that goes back to Nov.

The price was within 6 pts of the april 13th high. If you follow your trendline, then you need a 100pts plus stop. I would have about 120 pts before you were even in.

I look at support and resistance lines before diagonal TL's.

Keep right.

Blizzard

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