Daytrading w/ 3 Line Break Chart

Does anyone daytrade with 3lb?

Are they usefull to trade the eminis? I would appreciate if anyone would share their experience or insight..




--MIKE

 

Some here do...I myself follow it closely.

There's a prior thread on the topic and whom are using it.

Private message them if you don't get the replies your looking for.

NihabaAshi

 

can u provide a link to that thread?

 

I could not find it either. Did some search...

 

Here's one via using ET search words "Three Line Break Candlesticks"

http://www.elitetrader.com/vb/showthread.php?s=&threadid=19178&perpage=5&pagenumber=1

The words I want to use are "3 Line Break"...

for some reason ET doesn't allow search via the number 3.

I remember seeing other threads or other message posts within threads via the words 3 Line Break.

NihabaAshi

 

I used "line break" only and checked the option for thread titles. That came up with three.

 

Is anyone actually using them when they daytrade? How do they use them?

Any strategies or methods?


--MIKE

 

3LB usually works with longer time frames and with commodities that trend over time (swing trade) as verses those that oscilate back and forth of S&R lines (multiple times) within each day, such as the Eminis and other highly volitile securities.

hope that helps