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Strategies & Market Trends : Technical Analysis - Beginners

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To: gonzongo who wrote (10770)10/6/1999 8:47:00 PM
From: sweetchuks  Read Replies (2) of 12039
 
Hi to all. I've been trying to draw channels to show a change in trend. I'm wondering what basic rules there are for drawing them. Currently, in a downtrend, I'd draw from the highest peak to the lowest low and extend right (in MSWIN). When should i use Raff, and when do i use Std. Error? I suppose your choice depends whether you are long or short-term maybe?

sincerely,
sweetchuks
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