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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: David R. Evans who wrote (8732)9/30/1998 9:44:00 AM
From: Webb B Blackman Jr  Read Replies (1) | Respond to of 12039
 
When you draw the regression channels in MSWIN, extend them to the right BUT do not re-draw then until a new high is hit. When price falls out of the channel(bottom) it is negative.

Dave,
I let GET draw these channels all the time, but often wonder how often to redraw them or at what point to draw them the first time. The more days you wait, the wider the channels.

As you suggested, I am watching LU each day for a breakout.

--- webb ---



To: David R. Evans who wrote (8732)9/30/1998 10:01:00 AM
From: shasta23  Respond to of 12039
 
Thanks Dave for answer on Regression channel!
Will go again to your webpage. Printed out some charts yesterday for studying. Sometimes i can study better off the computer. It's a different experience to sit there with a pen and write remarks into the chart.

Stefan


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