| StockFetcher Forums · General Discussion · Support/Resistance and closing prices | << >>Post Follow-up |
| tamws 1 posts msg #136037 - Ignore tamws |
5/24/2017 2:25:40 AM Hi, Is it possible to use closing prices to determine the support and resistance levels? If so what is the filter? I looked at the definitions it seems like it only uses the high and lows of the day. Thanks. |
| four 5,087 posts msg #136050 - Ignore four modified |
5/24/2017 11:40:26 PM "...there are several different methods to choose when looking to identify support/resistance, but regardless of the method, the interpretation remains the same - it prevents the price of an underlying from moving in a certain direction." Read more: Support & Resistance Basics http://www.investopedia.com/articles/technical/061801.asp#ixzz4i3gETYU1 MACD 0 line provides support  |
| four 5,087 posts msg #136099 - Ignore four |
5/28/2017 1:15:12 PM another thought... http://forextradingstrategies4u.com/how-to-draw-trendlines/ |
| four 5,087 posts msg #136287 - Ignore four modified |
6/9/2017 5:12:10 PM another thought... http://www.futuresmag.com/2016/07/26/calling-tops-bottoms UPDATE from May 24, 2017  |
| StockFetcher Forums · General Discussion · Support/Resistance and closing prices | << >>Post Follow-up |