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Support/Resistance

Chart Forum » Indicators » Support/Resistance

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fhollin
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Username: fhollin

Post Number: 1
Registered: 05-2007

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Monday, May 21, 2007 - 10:04 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)


When determining support/resistance levels, which is better to use: intraday highs/lows or EOD closing prices?

Thanks!


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colin_twiggs
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Username: colin_twiggs

Post Number: 2889
Registered: 09-2002

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Tuesday, May 22, 2007 - 10:37 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)


Welcome FHollin,

Use High/low for short-term periods.
Closing price for medium- and long-term.

Regards,
Colin







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fhollin
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Tuesday, May 22, 2007 - 08:33 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)


Thanks Colin!

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