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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Venditâ„¢ who wrote (947)8/4/2001 9:55:46 AM
From: Jill  Read Replies (2) of 8752
 
Of course I understand--if anybody batted 1,000%, well......

What I still have trouble understanding is where experts in T.A. (the two I follow are you & Teresa) decide to draw the horizontal lines. It always surprises me, whereas I could've drawn the trendlines, many times, on my own. When I see where you've drawn a support/resistance it always makes sense, yet I could not do so w/ confidence. I'll have to study it further.

And yes the neat thing is once you learn it in any time frame you can apply it to another, and from what I've seen if you line up a few time frames that is more robust.
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