Just trying to find out if there are any traders out there that use MP or a variation of it for position trading. Making trades according to daily/weekly/monthly charts. Is there such a thing as position trading with MP? Can you derive S/R levels in the same way also using VP or are S/R levels mostly just apparent from chart/price analysis. Thus, S/R levels seen from just looking at price are just as good as anything derived from VP and the like? If MP is not applicable are there any studies that attempt to derive "value" areas from daily charts?