HI,
I AM NEW TO THIS POST AND A USER OF METASTOCK...I WANT SOME GUIDANCE FROM MASTERS HERE AS TO HOW TO DRAW A VALID AND PERFECT TRENDLINE AND HOW TO MARK SUPPORT AND RESISTANCE LINES IN CANDLESTICK CHARTS...AS PER JOHN MURPHYS BOOK TECHNICAL ANALYSIS OF FINANCIAL MKTS A VALID TRENDLINE HAS TO CONNECT 3 LOWS (UPTREND)...SHOULD THESE BE PIVOT POINTS AND HOW CAN WE RECOGNISE A PIVOT?KINDLY REPLY... ![Beer [B]](/emoticons/emotion-22.gif)
THANKS..SABBY