Discuss Drawing Support & Resistance lines at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by marcus
Well I have a different way, I believe when perceived with ...
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Well I have a different way, I believe when perceived with volume it has greater reliability. Open up PBC charts which is basically a bar volume histogram on the price axis and draw the support and resistance lines with respect to price and volume. Its a very effective method though some what underated or overlooked perhaps. For further details check out http://www.investopedia.com/articles...6/PBVChart.asp
I apologise if this comment may seem a bit unrelated to your question as you specifically talked about intraday noise. Nevertheless I think the method is worth looking into.
Hi! Marcus,
Thanks a lot for the link. Will go through the same and revert.
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5th September 2006, 10:02 PM
Re: Drawing Support & Resistance lines
Re: Drawing Support & Resistance lines
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