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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: TimbaBear who wrote (28744)10/8/1999 6:16:00 AM
From: HairBall  Respond to of 99985
 
TimbaBear: I took no offense. You made me realize, I needed to start posting descriptions of the SRLs and SRAs with the links to my QChart Charts.

I have a description of how to read my charts on the Road Kill Trading System page.

Regarding the lines, on my "end of day" charts you will not find as many SRLs and SRAs, but on my daytrading charts (QCharts) I plot more lines. The intention is to play the intraday moves. The lines coupled with additional intraday indicators really help me to identify intraday pivot points. You know...places to go long, short or cover...<g>

SRLs = support/resistance trend lines
SRAs = support/resistance price action areas

Good trading...

Regards,
LG