Do Trendlines work?

Discussion in 'Technical Analysis' started by duard, Apr 3, 2005.

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    heres a gann chart never used this before watching it today to see if it works, seems to run with support and resistance
     
    #1271     Aug 2, 2007
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    5day 5 minute, running regular charts next to it
     
    #1272     Aug 2, 2007
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    heres a longer term cann chart, not sure if that blue line was ahaead of the move, I'm going to watch it
     
    #1273     Aug 2, 2007
  4. j1900q

    j1900q

    I use trendlines on a 60 min chart, just to know the trend really. So of course they work, just like tires on a car. But don't think one will last forever.
    trade well
    Keith
     
    #1274     Aug 2, 2007
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    seems like good old support and resistance is holding up better then the gann, prophet.net has a ton of indicators
     
    #1275     Aug 2, 2007
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    might have a little flag pole going
     
    #1276     Aug 2, 2007
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    could test the support
     
    #1277     Aug 2, 2007
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    if we can break 461 then 508 might bring some resistance
     
    #1278     Aug 2, 2007
  9. Hey Joe,

    I'm curious. Is your refresh OK? I stopped using Prophet because for me, for equities, the refresh sucked. I hope it's not the case for YM.

    Sincerely,

    lj

    Take a shot. Refresh. Take a shot. Are the shots the same?
     
    #1279     Aug 2, 2007
  10. do you have streaming chart checked on the bottom of the left side, I don't have to refresh during the day, it does have gaps in it over night but I use the gaps for support and resistance so I don't care, I can see the high and low of the first 5 and 15 mins easier when theres gaps
     
    #1280     Aug 2, 2007