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 !
 
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luc1grunt 622 posts msg #68460 - Ignore luc1grunt | 
10/15/2008 5:42:18 PM
  ?
 
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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.
 
 
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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?   
 
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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".
 
 
 
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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.
 
 
 
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