| Sqwii 160 posts
 msg #68459
 - Ignore Sqwii
 | 10/15/2008 5:39:48 PM 
 Oki, which method would be the BEST way for finding horizontal lines?
 
 How do YOU find horizontal lines ? If i say screen, is there any tools who can HELP you to find the horizontal lines better?
 
 For example you can find double bottom pattern... could this be a help for horizontal lines ? or what do YOU use ?
 
 Thanks !
 
 
 | 
| luc1grunt 622 posts
 msg #68460
 - Ignore luc1grunt
 | 10/15/2008 5:42:18 PM 
 ?
 
 
 | 
| TheRumpledOne 6,529 posts
 msg #68461
 - Ignore TheRumpledOne
 | 10/15/2008 6:08:59 PM 
 
   
 
   
 
 OPEN + .20
 OPEN + .10
 OPEN
 OPEN - .10
 OPEN - .20
 
 PREVIOUS CLOSE
 
 (HIGH+LOW) / 2
 
 Those are the HORIZONTAL LINES I use.
 
 That's all I need.
 
 
 
 | 
| marine2 963 posts
 msg #68463
 - Ignore marine2
 | 10/15/2008 6:37:54 PM 
 What ever happened to Rump's "Saving the World" technical tool,  RSI(2) method.    I knew he just loved that one but now he has this parrellel line method?    Using these lines as resistance lines or channelling methods?
 
 
 | 
| TheRumpledOne 6,529 posts
 msg #68475
 - Ignore TheRumpledOne
 | 10/16/2008 4:50:21 AM 
 Saving the world?
 
 RSI(2) is great for stock SELECTION.
 
 I use the HORIZONTAL LINES as trade triggers.  You can read about them in the NEVER LOSE AGAIN thread or search "milk the cows".
 
 
 
 
 | 
| TheRumpledOne 6,529 posts
 msg #68527
 - Ignore TheRumpledOne
 | 10/17/2008 11:02:18 AM 
 
   
 Who needs indicators?
 
 I don't care how "strong" they are.
 
 Indicators are fine for selecting which stocks to trade.
 
 But after the entry, it's all about price.
 
 
 
 
 |