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To: chowder who wrote (61515)3/12/2006 1:59:15 PM
From: lexi2004  Read Replies (1) | Respond to of 206178
 
"I can look at a price chart now and determine where price support or resistance is. I don't need an indicator which merely confirms what I already know."

I'm sure you can; however, what helps me with the Volume by Price is that I can see at a glance how big the R or S is due to the size of the bars.

Yes, know what you mean regarding learning so many indicators. :) Sometimes it seems overwhelming when you check your symbol by a lot of them. I have favorites too that I use that seem to do the trick. Two things that are very important to me are trendlines and fibs. Those I use a lot.

BTW, do you watch the raw data in a stock you're trading? I find that has been helpful to me in knowing if moves up are true or not.

Lexi