New Technical Analysis Method

Discussion in 'Technical Analysis' started by Analogyx, Jul 25, 2009.

  1. Analogyx


    I've developed a new technical analysis methodology. I'm tentatively referring to it as the Generalized Resistance/Support Level (GRSL) method. The method is different from other technical analysis methods - it uses historical commodity price data to develop probabilistic resistance and support levels for a commodity. A "long position" signal occurs when a commodity's price approaches the support level Conversely, a "short position" signal happens when a commodity's price approaches the resistance level curve. That's it. There's no need to identify or interpret data structures or to perform multiple different technical analysis calculations. If you're interested in learning more or in making an observation or comment, visit I'd be very interested in getting some feedback. The site is pretty sparse right now but I'll be adding to it as time goes by. Thanks in advance.:)
  2. The site is down.....
  3. Maybe he meant GPRS?