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Strategies & Market Trends : Point and Figure Charting

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To: Iceberg who wrote (9016)10/24/1998 10:46:00 AM
From: wizzards wine  Read Replies (1) of 34810
 
Morning Iceberg, The only data used in traditional P&F is the high or low for the day...We use the low if it's in O's and the High if it's in X's. Closing data is not even considered as we are looking at the relationship between supply and demand based on new levels of support or resistance...

Hope that helps,

Later

Preston
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