Daytrading w/ 3 Line Break Chart

Does anyone daytrade with 3lb?

Are they usefull to trade the eminis? I would appreciate if anyone would share their experience or insight..




--MIKE
 
Quote from Trend Fader:

Does anyone daytrade with 3lb?

Are they usefull to trade the eminis? I would appreciate if anyone would share their experience or insight..

--MIKE

Some here do...I myself follow it closely.

There's a prior thread on the topic and whom are using it.

Private message them if you don't get the replies your looking for.

NihabaAshi
 
3LB usually works with longer time frames and with commodities that trend over time (swing trade) as verses those that oscilate back and forth of S&R lines (multiple times) within each day, such as the Eminis and other highly volitile securities.

hope that helps
 
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